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The report said that despite improvement in global same-store sales, operating profit may decline for the third consecutive quarter. Samsung Electronics, another Asian company due to report earnings next week, expects its operating profit to recover in the current quarter. The recovery is expected to be driven by demand for the company's chips used in artificial intelligence applications. Tata Consultancy Services is expected to post the highest profit growth in six quarters due to demand for software services, the report said.

The company has been hiring to meet an expected recovery turkey telemarketing data in technology spending. Analysts told Bloomberg they will be listening to the company's comments on the budget, with some expecting President-elect Donald Trump's promised corporate tax cuts to spur more tech spending, while others believe his America First policies will Discourage outsourcing. Reports emerged last month that takeover proposals had been under consideration as the company has faced years of pressure from shareholders, some of whom have sought to break up the company over poor performance at its supermarkets.

Uniqlo has been working hard to secure its position in the fast fashion sector amid growing competition and growing consumer interest in value for money. The company tries to retain these shoppers by selling high-quality clothing at affordable prices. Recommended Reports Uniqlo and - Earnings Report Expected to Describe Challenges in Cyber ​​Innovation This Week Cryptocurrency Policy Payments and Stablecoin Reports E-Trade Considers Increasing Cryptocurrency Trading U.