FY21 Q3 highlights: Net sales increased 15% to $110.8 billion in the third quarter, compared with $96.1 billion in third quarter 2020. Net income decreased to $3.2 billion in the third quarter, or $6.12 per diluted share, compared with $6.3 billion, or $12.37 per diluted share, in third quarter 2020. Revenue per share and EPS […]
My better is better than your better. – Nike. Nike Inc. reported its Fiscal 2022 Q2 results and here are the summary: Revenue up 1% to $11.4 Billion Direct Sale up 9% Gross Margin up 280 basis points to 45.9% Sales in North America and Europe was up 21% and 22% respectively. However, China and […]
Alibaba’s top line is up 49% so far this year, and it was up 60% last year and 47% two years ago. Although, it’s stock price has not followed suit. Two years ago, today, it’s stock price was hovering around $171 per share; today, it is around $175 per share. That is just up of […]
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. What do these four principles do? Earns $63.4 Billion in Sales in just three months for its second quarter ended June 30, 2019. Operating cash flow increased 65% to $36.0 billion for the trailing twelve months. After […]
The Apple Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent for the 3rd quarter of 2019. Its products sales are down 1.7 percent compared to the same quarter last year. The total net sale is up […]
By the time you finished reading that title, Google probably collected $20,000 in revenue. And this cash machine runs 24/7. Unlike brick and mortar stores, it doesn’t have to close its door at 5 PM. Yesterday, Alphabet Inc. (NASDAQ: GOOG, GOOGL) announced financial results for the quarter ended June 30, 2019. The revenue for the […]