Kimball's office
sales resurgent
Hospitality depressed
hurt by Covid collapse
Kimball International, the hospitality, health care & office furnituremaker announced a powerful recovery in office sales and orders for its Q4'22. "The National brand of furniture is fueling growth recovery, but hospitality market demand is still depressed" commented ceo Kristie Juster
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4 Aug 22
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Updated: 5 Aug 22
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Resolute not so
resolute in tissue
Wood/pulp product prices
boost strong sales growth
Resolute Forest Products (recently sold to Asia Pulp & Paper) the leading Canadian paper, pulp and tissues maker reported inflation boosted Q2'22 financial results. Core paper & tissue sales were weak, over compensated by strong demand for wood and pulp inc. higher prices
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4 Aug 22
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Updated: 10 Aug 22
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Alibaba's advance
decelerates to flat
New services mirror AMZN
initiatives in Alexa & Cloud
China's Alibaba the $130Bn+ in sales, MCommerce giant reported its slowest growth rate ever in Q2'22. ceo Daniel Zheng provided details of new services in cloud, grocery delivery & VA ordering that copycat Amazon's innovations. Surely it has abandoned US trading plans in conjunction with diminished Depot by now?
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4 Aug 22
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Updated: 4 Aug 22
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Cascades Tissue
& Pkg price hikes
Containerboard capacity
investment in Bear Island
Cascades the leading Canadian tissue & packaging board maker reported inflation boosted results in Q2'22. CEO Mario Piourde's
optimism was dented by Covid's negative affect on business tissue sales but balanced by stronger packaging demand especially in foodservice
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4 Aug 22
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Updated: 4 Aug 22
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Arrow maintains
IT's sharpness
Global components sales
soar inc.huge price hikes
Arrow Electronics, the $36Bn in sales global provider of IT products, services reported strong sales growth from a tough market in 2019/20 . The new ceo Sean Kerins commented on the growth in global components fueled by higher prices.
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4 Aug 22
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Updated: 4 Aug 22
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Insight recovers
market share?
Strong sales in USA/APAC
Weaker rebound in Europe
Insight Group ceo Joyce Mullen reported a continued strong rebound in organic sales in Q4'21. The group lags leading IT resellers e.g. CDW, Computacenter, Softcat & Synnex. There are signs of sustained growth over the past year as it plays catch up....
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4 Aug 22
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Updated: 4 Aug 22
Subscribe to read!Iron
Mount'n scales
service price hikes
Major acquisitions disguise
dull, real volume progress
Iron Mountain ex-global leader in document services reported steady Q2'22 results. CEO Bill Meaney's opaque, minimalistic but hyped up reporting seems geared to disguise reactionary late moves in digital & cloud storage. Acquisitions and high price increases continue to hide real volume progress....
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4 Aug 22
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Updated: 4 Aug 22
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Wayfair wayward;
volumes in freefall
Delivery & inventory issues
offset high price inflation
Wayfair, the $12Bn US/UK home & office furnishings etailer, reported its 5th consecutive quarter sales decline in Q2'22. The Covid lockdown proved a huge WFH sales boost to business customers, now in freefall. Can ceo Niraj Shah turnaround its fortunes?
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