For FedEx, Nike and General Mills, Quickening Profit Growth Awaits: Earnings Week Ahead
A shopper walks with a Nike bag on Pitt Street Mall in Sydney, Australia.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Micron Technology Inc. and Accenture Plc are among firms expected to report sales growth next week even amid subdued business spending. FedEx Corp. and Nike Inc. may show margin gains for the most recent quarter.
The Federal Reserve’s pivot to monetary easing this week and the stronger-than-anticipated start to US holiday retail sales suggest that the quarterly profit recovery expected for CarMax Inc. and General Mills Inc. could strengthen in the months ahead.