From Nasdaq: 2024-05-05 11:23:00

Zebra Technologies (NASDAQ: ZBRA) sees a 16% revenue dip in Q1 2024 but CEO Bill Burns is optimistic about a rebound. Expect a milder decline in Q2 and only a 3% drop in revenue for the fiscal year. Demand is stabilizing, setting the stage for recovery in the asset data and workflow management sector.

Retailers who overstressed asset management during the pandemic are now seeing a surplus, benefiting Zebra’s business. CEO Bill Burns notes early signs of recovery in the retail sector, indicating positive growth ahead. Zebra predicts a refresh in the retail industry and a shift in priorities as the economy stabilizes.

Zebra has a diverse range of clients like Walgreens, Amazon, and Walmart, showing strong market projection capabilities. With a potential retail rebound on the horizon, investors may want to consider riding the wave with Zebra Technologies. Zebra CEO Bill Burns sees the retail sector as a leading indicator of broader economic trends, offering insights for smart investments.

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Read more at Nasdaq: Where Is Zebra Technologies Leading the Retail Herd in 2024?