7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...

Cisco raises full-year revenue, profit forecast amid easing supply chain hurdles

The Cisco Systems headquarters in Issy-les-Moulineaux, France, on Aug. 6.SARAH MEYSSONNIER/Reuters

Cisco Systems Inc CSCO-Q raised its full-year revenue and profit forecast amid easing supply chain hurdles and announced $600-million in severance and other charges related to a new restructuring, which could impact roughly 5 per cent of its work force.

Shares of the company rose nearly 5 per cent in extended trading on Wednesday.

The company said the restructuring plan will begin in the second quarter of fiscal year 2023.

“This is not about reducing our work force – in fact we will have roughly the same number of employees at the end of this fiscal year as we had when we started,” Cisco said, adding it would focus its resources on its enterprise networking and security businesses.

The restructuring comes at a time when most companies including Amazon.com Inc and Facebook’s parent Meta Platforms Inc are making deep cuts to their employee base to navigate a potential downturn in the economy.

Cisco said it would book the charges over the next few quarters, which included some costs related to downsizing its office space as more people work in a hybrid home-and-office model.

The company will talk to its employees on Thursday about the restructuring plan, Chief Executive Chuck Robbins said in a post-earnings call.

Cisco’s revenue was $13.63-billion in the first quarter, above analysts’ estimates of $13.31-billion, according to Refinitiv data.

Easing supply chain snags and Cisco’s recent investments in cloud offerings and targeted price hikes have helped the company improve its business and attract customers amid an economic slowdown.

Cisco said it expects an annual revenue growth of 4.5 per cent to 6.5 per cent, and adjusted earnings between $3.51 and $3.58. It previously forecast revenue growth of 4 per cent to 6 per cent for the year and earnings of $3.49 to $3.56, excluding items.

Excluding items, Cisco earned 86 cents per share, 2 cents above expectation.

https://www.tausiinsider.com/cisco-raises-full-year-revenue-profit-forecast-amid-easing-supply-chain-hurdles/?feed_id=336113&_unique_id=6486723c06faf

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