What's happened
Retailers and tech giants reveal varying financial performances, with some reporting profit increases and others facing challenges.
Why it matters
The financial performance of these companies can impact investors, employees, and consumers, reflecting broader economic trends.
What the papers say
The Independent reports that WH Smith's profits almost doubled due to the recovery of the travel industry, while Apple faced declining revenues. The Times highlights B&M European Value Retail's increased profit guidance and planned shop openings, contrasting with Soho House's larger than expected quarterly loss. News Corporation's revenue beat estimates, while Vodafone reported rising service sales but a slump in profit. The New York Post and The Guardian also covered Apple's declining revenues.
How we got here
The articles cover a range of financial reports from retail and tech companies, reflecting the diverse performance of businesses in these sectors.
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