Stock Movers Lloyds Falls, Rolls-Royce Backs Outlook, GN Store Drops
May 1, 2025
Lloyds shares took a hit after disappointing earnings, mainly due to unexpected severance costs. Analysts remain optimistic, though, citing supportive trends. Meanwhile, GN Store saw a sharp decline after revising its full-year guidance due to U.S. tariffs. In contrast, Rolls-Royce exuded confidence about meeting its financial targets, despite concerns over tariff impacts. The discussion dives into the financial landscapes of these companies, highlighting the challenges and opportunities they face.
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Lloyds Faces Cost and Tariff Challenges
- Lloyds faced higher costs due to front-loaded severance payments, impacting Q1 profits.
- They also set aside £100 million anticipating negative tariff effects on the UK economy for the year.
GN Store Nord Hit by US Tariffs
- GN Store Nord’s earnings took a hit due to US tariffs affecting their supply chain.
- The company lowered guidance, reflecting real impacts despite some anticipation in pricing.
Rolls-Royce Confident Amid Tariffs
- Rolls-Royce is confident it can manage the impact of new tariffs due to prior preparations.
- The company remains optimistic about meeting financial goals despite current uncertainties.