The electronics retailer is set to report its fiscal 2025 first quarter results on Thursday morning. Net sales are expected to come in at $8.97 billion, 6.26% lower compared to a year ago. Adjusted earnings per share are expected to decrease 6.26% year-over-year to $1.08.
The company expects sales to be "down in the first half and up in the second half of the year," CEO Corie Barry said on the call with investors back in February. The low end of its same store sales range is a decline of 3%, assuming there is "lower customer demand" overall.Building a large, tax-free nest egg in your TFSA with growth stocks can give you more control over your tax bill in your retirement years.
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