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Publix sales skyrocketed in Q1 because of the coronavirus pandemic

Publix Super Markets Inc.'s sales soared in the first quarter as customers flooded grocery stores in the wake of the novel coronavirus pandemic. The Lakeland-based grocer reported first quarter revenue of $11.2 billion — a more than 16 percent in.....»»

Category: topSource: bizjournalsMay 4th, 2020

CyberLink sees strong 1Q20 demand for remote work software

CyberLink saw booming sales of its U Meeting and U Messenger cloud-based software solutions for remote working and learning in first-quarter 2020 due to the coronavirus pandemic, according to company chairman Jau Huang......»»

Category: topSource: digitimesMay 4th, 2020

Popeyes sales surged a whopping 29% despite the coronavirus pandemic, as America"s chicken sandwich obsession continues

Irene Jiang / Business Insider Popeyes same-store sales surged a whopping 29.2% in the US in the most recent quarter, despite the coronavirus pandemic.  Executives said that.....»»

Category: topSource: businessinsiderMay 1st, 2020

Clorox shares jump premarket after earnings beat as coronavirus boosts demand for disinfecting products

Clorox Co. shares soared 3.5% in premarket trade Friday, after the maker of cleaning and household products blew past earnings estimates for its latest quarter, boosted by demand for disinfecting and other cleaning products during the corona.....»»

Category: topSource: marketwatchMay 1st, 2020

Amazon will spend $4 billion or more on coronavirus response, potentially wiping out Q2 profit

Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»

Category: topSource: marketwatchApr 30th, 2020

Amazon says it may lose money due to coronavirus spending

Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»

Category: worldSource: nytApr 30th, 2020

Amazon says it may lose money due to coronavirus spending

Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»

Category: worldSource: nytApr 30th, 2020

Amazon will spend $4 billion or more on coronavirus response, potentially wiping out profit

Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»

Category: topSource: marketwatchApr 30th, 2020

Apple’s iPhone sales fell as the coronavirus struck

Apple warned investors in February to expect worse than expected numbers in its fiscal second quarter. Since then, the virus spread around the world and tanked the global economy. On Thursday, investors got an opportunity to survey the damage so far......»»

Category: topSource: washpostApr 30th, 2020

Apple’s sales increase despite store closures

The iPhone maker beat analyst estimates and increased revenues slightly last quarter, even though it shut down retail stores across the globe due to coronavirus......»»

Category: topSource: bizjournalsApr 30th, 2020

Amazon says it may lose money while spending on coronavirus response, stock sinks in late trading

Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»

Category: topSource: marketwatchApr 30th, 2020

Amazon sales soar as coronavirus-worried consumers shop from home, but costs rise

The online retail giant posts massive first-quarter revenue growth with holiday-like buying offsetting challenges it had stocking household staples......»»

Category: topSource: washpostApr 30th, 2020

The maker of Dettol and Lysol, which hit headlines when Trump falsely said disinfectant injections could fight coronavirus, posted a huge surge in sales

Alaa al-Marjani/ Reuters Reckitt Benckiser, the consumer goods company that makes both Dettol and Lysol, saw revenues surge in the first quarter of 2020 as as customers stocked up on cleaning products, painkillers, and hand sanitizer. Revenue .....»»

Category: topSource: businessinsiderApr 30th, 2020

McDonald"s profit sinks as coronavirus slams sales

The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion......»»

Category: topSource: foxnewsApr 30th, 2020

Coronavirus squashed Dunkin" first quarter US comparable-store sales

The doughnut and coffee chain withdrew its 2020 guidance and said it is suspending its quarterly dividend and share-buyback programs......»»

Category: topSource: foxnewsApr 30th, 2020

Reckitt Benckiser"s sales surge on coronavirus disinfectant boom

Reckitt Benckiser achieved record sales growth in the first quarter and predicted a stronger than expected performance in 2020 as customers stocked up on Lysol disinfectants, Mucinex cough syrup and Dettol soap ahead of the coronavirus lockdowns......»»

Category: topSource: reutersApr 30th, 2020

Carlsberg sees worse to come as lockdown hits beer sales

Carlsberg said on Thursday worse is still to come after a 7% decline in first quarter sales, as increased beer sales in supermarkets failed to balance the closure of bars and restaurants during the coronavirus lockdown......»»

Category: topSource: reutersApr 30th, 2020

BAT sticks to earnings forecast, flags first signs of sales weakness

British American Tobacco said on Thursday it was maintaining its guidance of high single figure earnings per share growth for 2020 while expecting some impact on volume and revenue growth in the second-quarter due to the coronavirus......»»

Category: topSource: reutersApr 30th, 2020

Carlsberg first-quarter sales down 7%, expects further decline in second quarter

Carlsberg said on Thursday sales fell 7% in the first quarter with a further decline expected this quarter, as increased beer sales in supermarkets failed to balance the closure of bars and restaurants during the coronavirus lockdown......»»

Category: topSource: reutersApr 30th, 2020

Microsoft notes "minimal" coronavirus impact as revenue tops expectations

The company said sales rose 15 percent to $35 billion in the third quarter, bolstered by strong results in its cloud-computing business......»»

Category: topSource: foxnewsApr 29th, 2020