58% growth, then a much slower second half

58% growth, then a much slower second half

Optasia CEO Salvador Anglada Optasia reported a 58.1% jump in first-half revenue on Monday in its maiden interim results as a JSE-listed company. The full-year target it published alongside those numbers implies growth will slow sharply over the remaining six months – and, at the bottom of the range, that revenue will go backwards. Revenue…

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At Walmart, billions in tariff refunds soften the blow from slower sales growth

At Walmart, billions in tariff refunds soften the blow from slower sales growth

Walmart says it has received nearly $3 billion in tariff refunds — and used some of that windfall to cut prices for consumers strained by inflation. The refunds helped boost Walmart’s profit, according to the company’s quarterly earnings report Thursday. “Customers tell us they’re still feeling some pressure,” Walmart CEO John Furner said. “Having the…

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