In spite of the difficult environment, Target still managed to increase revenue - and offer us clues that its growth story is far from over. The retailer faced higher inflation, which weighed on its costs and on shoppers' wallets. Last year wasn't easy for Target ( TGT -2.26%). And this looks like a steal considering the company's potential in this high-growth market. Today, Teladoc is trading at its lowest ever in relation to sales. Earlier in the year, this began by cutting some jobs and office space. Teladoc also has shifted its strategy to favor increasing margins and reaching profitability. That business' revenue climbed 29% in the fourth quarter of last year and served more than 1 million people during the year. The company also has made significant gains thanks to its mental health business, BetterHelp. ![]() Teladoc has increased members, revenue, and visits. ![]() So the investment could pay off in the long run.Īlso, the company has made progress in areas that should help it on the path to profitability. ![]() But over time, chronic care is a key growth element for Teladoc. Yes, it seems Teladoc overpaid for its purchase of chronic care specialist Livongo in 2020, resulting in the impairment charges. Still, it's important to look at the whole picture.
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