Strong sales growth this past earnings season helped push profit margins higher, helping more than offset rising costs. As sales growth begins to slow next quarter, based on consensus forecasts, margins may drop quickly if cost pressures persist.
Aug 09 2021 | Brett Gustafson
Strong sales growth this past earnings season helped push profit margins higher, helping more than offset rising costs. As sales growth begins to slow next quarter, based on consensus forecasts, margins may drop quickly if cost pressures persist.