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Tag Archives: financial news

Fed Cuts Interest Rates in Third Straight Meeting

Cut interest rates

The Federal Reserve cut interest rates for its third straight meeting, this time by 25 basis points to 4.25%-4.50%. It also issued projections calling for two quarter-point interest rate cuts in 2025 amid rising inflation. Members of the committee say …

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Tractor Supply Company Releases Q3 Financials

Tractor Supply Q3

Net sales for Tractor Supply Company during the third quarter of 2024 increased 1.6% to $3.47 billion year over year. The increase in net sales was driven by new store openings. Comparable store sales declined 0.2% year over year, driven …

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Sherwin-Williams Announces Q3 2024 Financials

Sherwin-Williams Financial Results

Sherwin-Williams announced its third quarter financial results, reporting an increase of consolidated net sales by 0.7%. “Sherwin-Williams grew sales, expanded gross margin, increased EBITDA and adjusted diluted net income per share despite continued choppiness in the demand environment,” says Heidi Petz, Sherwin-Williams president …

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