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Showing research about Earnings

20200609-cma-ceva

CMA CGM expects tougher Q2, India and Europe contribute to woes

Container-line CMA-CGM has followed many of its peers in reporting a drop in volumes handled in Q1’20. The firm expects the decline of 4.6% in Q1 to become a “decline (of) about 10% over the first half of the year”. The start of Q2 has certainly been more challenging than Q1. Panjiva’s data sh... Read more →

20200602-costco-origins

Costco cuts back in face of COVID-19, cutting overstocking risk

Costco Wholesale reported an 8.0% increase in underlying sales in the U.S. in the fiscal quarter to May 10. The firm has faced supply chain challenges in meeting that growth however. The firm’s CFO, Richard Galanti, has noted that non-food imports from China are improving as “most of the facto... Read more →

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