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Showing research about Earnings

20201123-lazboy-seasonal

La-Z-Boy rebound squeezed by foam availability challenge

La-Z-Boy reported fiscal Q2’21 revenues which increased by 2.7% year over year due to pandemic-related, stay-at-home demand. The firm’s “supply chain team is doing a great job to continually increase weekly production” according to CEO Kurt Darrow at the firm’s earnings call. Total U.S. seabor... Read more →

20201123-sonos-corp

Sonos sounds warning on congestion, container costs

Sonos reported fiscal Q4’20 revenues which increased by 16.0% year over year, compared to analysts’ expectations for an expansion of just 2%. The smart-speaker maker has benefited from stay-at-home demand during the pandemic to the extent that “demand outstripped supply” according to CFO Britt... Read more →

20201120-aristocrat-corp

Casino closures during COVID-19 cut demand for gaming machines

Aristocrat Leisure reported a 17.7% year over year slide in FH2’20 revenues due to reduced demand for its gaming machines from casinos in Las Vegas and other gambling hubs in the wake of COVID-19. U.S. seaborne imports of the firm’s machines and parts dropped 72.3% year over year in Q3’20 with... Read more →

20201113-roku-corp

Roku rolls out Apple support as supply chain activity rocks

Roku has released support for Apple’s Airplay 2 and Homekit technologies for its streaming media players, extending the brand’s addressable growth market. The firm reported 73% year over year growth in revenues in Q3’20, outperforming the 41.9% increase expected by analysts. Panjiva’s data sho... Read more →

20201112-glatfelter-products

Glatfelter stays steady, may face Brexit risk in 2021

Glatfelter reported unchanged revenues in Q3’20 compared to a year earlier, with the engineered materials manufacturer outperforming analysts’ expectations for a 3.0% decline. U.S. seaborne imports linked to the firm dipped by just 1.4% in Q3 year over year. The firm has stated “demand for cer... Read more →

20201112-vtech-seasonal

Vtech takes tariff, pandemic lessons but faces residual Trump risk

Vtech reported fiscal H1’21 revenues which were unchanged versus a year earlier, which the electronics manufacturer stated had “turned out better than expected”. U.S. seaborne imports linked to the firm, led by its educational toys, fell by 23.9% year over year in Q3’20. Yet, there has been a ... Read more →

20201111-tupperware-corp

Tupperware imports pack a punch at stay-at-home demand soars

Tupperware has benefited from increased stay-at-home spending during the pandemic as a result of having accelerated investment in its e-commerce systems. That led to revenue growth of 14.1% year over year in Q3’20 versus analysts’ expectations of a 12.2% decline. Panjiva’s data shows the expan... Read more →

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