NewsFeeder
11-10-2018, 02:47 AM
Investors focus on retailers as wages rise
U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year's expected drop in profit growth may be sharper than feared. Amidst overall strong quarterly results, climbing labor costs are a growing concern, with more than a dozen companies in the S&P 500 mentioning them in conference calls so far this earnings season. Retailers and restaurants tend to have large employee bases and are expected to be among companies most likely to feel the biggest impacts of higher wages.
https://finance.yahoo.com/news/investors-focus-retailers-wages-rise-045820587.html?.tsrc=rss
U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year's expected drop in profit growth may be sharper than feared. Amidst overall strong quarterly results, climbing labor costs are a growing concern, with more than a dozen companies in the S&P 500 mentioning them in conference calls so far this earnings season. Retailers and restaurants tend to have large employee bases and are expected to be among companies most likely to feel the biggest impacts of higher wages.
https://finance.yahoo.com/news/investors-focus-retailers-wages-rise-045820587.html?.tsrc=rss