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Medtronic Sales

As seen in: Investing.com, Investor's Business Daily
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Articles

Medtronic Sales, Profit Hammered By Covid Lockdowns, Supply Chain

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By Medtronic Sales, Covid Lockdowns, Allison Gatlin Verified
| Investor's Business Daily Verified
Medtronic ( MDT) blamed China lockdowns and supply chain constraints for its wide quarterly miss Thursday, leading MDT stock to plunge. Evercore ISI analyst Vijay Kumar noted revenue grew just 1.4% organically to $8.09 billion and was 4% below analyst projections. Medtronic had called for 5.5% organic sales growth. Further, adjusted profit lagged expectations at $1.52 a share, though climbed 2 cents year over year.
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Zoom Outlook, Medtronic Sales, Tesla Tweets: 3 Things to Watch

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By Dhirendra Tripathi, Medtronic Sales
| Investing.com
Please try another search More More Stock Markets11 minutes ago (Nov 22, 2021 03:54PM ET) By Dhirendra Tripathi Investing.com -- Buoyed by bank stocks, the jumped on Monday after President Joe Biden said he would nominate Federal Reserve Chair Jerome Powell to a second term. But the broad market gave back gains heading into the final minutes of trading.
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