Shopify (SHOP), Kraft Heinz (KHC), Boeing (BA), T-Mobile (TUMS), Verizon (VZ), and Hilton (HLT) have all had recent earnings report releases. Jeff Pierce joins Oliver Renick to discuss these earnings reports and what they mean for each company. SHOP is experiencing negative impacts weighing in on Q4 and the rest of 2022, as well as downsizing its workforce. Kraft Heinz (KHC) organic sales rose by 10%, but consumers seem to be turning away from higher priced goods. Boeing (BA) is up after its earnings report even though it missed revenue, and its operating cash flow and free cash flow saw improvement. T-Mobile (TMUS) Sprint merger affected the company in positive ways as it added 380,000 postpaid net accounts which is more than AT&T (T) and Verizon (VZ) combined. Finally, after earnings, Hilton (HLT) raised its fiscal 2022 outlook. Tune in to find out more.
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