NEW YORK—U.S. companies have retained strong profit margins through the pandemic because they have cut costs and passed along high prices to customers. The question is: How long can this go on? With inflation still strong, the ability for companies to keep margins at record levels is being closely watched by some investors and strategists…
Investors Watch US Companies’ Record Profit Margins as Costs Rise Further
September 23, 2021
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FedEx Labor Shortfall Hits Quarterly Profit, Earnings Forecast
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GM 2020 Profit Drops, but Makes $6.43 Billion Despite Pandemic
DETROIT—General Motors’ profit fell 4.5 percent in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly airbag recall. The Detroit automaker stated on Feb. 10 that it made $6.43 billion as demand for its vehicles surged late in a year dominated by coronavirus upheaval. In the…
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