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Earnings Results: IBM revenue resumes decline amid coronavirus, but earnings top expectations

International Business Machines Corp. revealed Monday that revenue returned to a decline in the first quarter amid the spread of COVID-19, even as Red Hat sales boosted its cloud business......»»

Category: topSource: marketwatchApr 20th, 2020

Twitter ad sales hit by coronavirus but active users soar

Twitter Inc pulled its first-quarter revenue outlook and forecast an operating loss on Monday as the coronavirus outbreak crimped ad sales, but said the pandemic boosted the number of active users on the microblogging platform......»»

Category: topSource: reutersMar 23rd, 2020

Strong Chromebook sales boost Quanta gross margin in 1Q21

Robust Chromebook demand boosted Quanta Computer's gross margin to 6.33% in the first quarter of 2021, up 0.14pp sequentially, despite an over 10% revenue decline on quarter, according to the ODM......»»

Category: topSource: digitimesMay 14th, 2021

Becton Dickinson beats profit expectations, plans to spin off Diabetes Care business

Becton Dickinson & Co. reported Thursday fiscal second-quarter profit and sales that rose above expectations, boosted by $480 million in COVID-19 testing sales, and a.....»»

Category: topSource: marketwatchMay 6th, 2021

Apple Soars After Blockbuster Quarter: Sales, EPS Smash Expectations, Buyback Boosted To $90BN

Apple Soars After Blockbuster Quarter: Sales, EPS Smash Expectations, Buyback Boosted To $90BN On the ba.....»»

Category: blogSource: zerohedgeApr 28th, 2021

Johnson & Johnson coronavirus vaccine delivers $100M in sales

Johnson & Johnson raked in $100 million in first-quarter sales from its single-shot COVID-19 vaccine that was put on hold last week by the U.S. Food and Drug Administration......»»

Category: topSource: foxnewsApr 20th, 2021

PepsiCo bets on higher soda sales as restaurants reopen

PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that are gradually reopening following the speedy rollout of coronavirus vaccines......»»

Category: topSource: foxnewsApr 15th, 2021

American Outdoor Brands boosted by rise in personal protection, outdoor lifestyle activities

Net sales for the third quarter were $82.6 million, an increase of $39.3 million, or 90.7%, compared to net sales of $43.3 million for the comparable quarter last year......»»

Category: topSource: foxnewsMar 17th, 2021

Target stock rallies after sales rise more than expected, boosted by traffic and average ticket gains

Shares of Target Corp. rallied 1.8% in premarket trading Tuesday, after the discount retail giant reported fiscal fourth-quarter profit and sales that rose above expectations, boosted by .....»»

Category: topSource: marketwatchMar 2nd, 2021

Procter & Gamble sales surge fuels jump in profit

Cincinnati-based consumer goods giant Procter & Gamble saw a surge in sales amid the continuing coronavirus pandemic, which led to nearly $4 billion in profit in its most recent quarter. Consumer spending fueled by Covid-19 saw P&G (NYSE: PG) re.....»»

Category: topSource: bizjournalsJan 20th, 2021

Coronavirus pummels U.S. retail sales, industrial production

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

Category: topSource: reutersMay 15th, 2020

Coronavirus sinks U.S. retail sales again in April

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

Category: topSource: reutersMay 15th, 2020

Coronavirus likely hammered U.S. retail sales again in April

U.S. retail sales likely endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

Category: topSource: reutersMay 15th, 2020

Chin-Poon Industrial conservative about 2Q20 business

Automotive PCB maker Chin-Poon Industrial saw sales decline in first-quarter 2020 due to shrinking car sales in main markets in the wake of the coronavirus pandemic, and is conservative about business outlook for the second quarter......»»

Category: topSource: digitimesMay 15th, 2020

Aston Martin posts deep quarterly loss as pandemic slams brakes on sales

Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury car maker said production of a crucial sport utility vehicle was on track......»»

Category: topSource: reutersMay 13th, 2020

Aston Martin posts deep loss as coronavirus outbreak hits sales

Aston Martin posted a first-quarter pretax loss of 119 million pounds ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday......»»

Category: topSource: reutersMay 13th, 2020

Logitech sales surge as locked-down families, workers stay connected

Logitech International reported a big jump in sales of computer products during its fourth quarter on Tuesday as more people worked from home and families turned to technology to keep in touch during the coronavirus crisis......»»

Category: topSource: reutersMay 12th, 2020

Logitech sales rise nearly 14% as work from home boosts demand

Logitech International reported a 13.6% rise in fourth-quarter sales on Tuesday, as more people used its products while working from home due to the coronavirus crisis......»»

Category: topSource: reutersMay 11th, 2020

Why LVMH, Kering Are Well-Positioned For Recovery, "Revenge Buying" At Hermes

Global sales of personal luxury goods are expected to fall 60% in the second-quarter of 2020 due to the coronavirus pandem.....»»

Category: blogSource: benzingaMay 11th, 2020

Peloton reports 66% increase in sales as coronavirus keeps consumers working out at home

Peloton Peloton reported a 66% increase in sales in the most recent quarter as consumers stuck in lockdown flocked to by its high tech at.....»»

Category: topSource: businessinsiderMay 7th, 2020