The Latest Breaking News from Supply chain

Standard Motor Products Inc (NYSE:SMP) reported first-quarter FY22 sales growth of 16.7% year-on-year to $322.83 million, beating the consensus of $304.30 million. Engine Management segment revenue rose 12.8% Y/Y, and Temperature Control segment sales gained 30.2%. Gross profit rose 7.2% Y/Y to $89.8 million with a gross margin of 27.8%. The operating margin…

Zebra Technologies Corp (NASDAQ:ZBRA)  reported first-quarter FY22 net sales growth of 6.3% year-on-year to $1.43 billion, beating the consensus of $1.37 billion. Consolidated organic net sales for the quarter increased 5.4%.  Net sales in the Enterprise Visibility & Mobility (EVM) segment rose 12.7% Y/Y to $1.04 billion. Asset Intelligence & Tracking (AIT) segment…

Kopin Corp (NASDAQ:KOPN) reported a flattish first-quarter FY22 revenue year-on-year of $11.6 million, missing the consensus of $12.03 million. Revenues from Defense Applications declined 4% Y/Y to $4.8 million, while Industrial/Enterprise Applications decreased 25% Y/Y to $1.5 million. Product revenues declined 14% Y/Y to $6.51 million, while R&D revenues grew 37.8% Y/Y to…

Restaurant Brands International Inc (NYSE:QSR) (TSX:QSR) reported first-quarter FY22 sales growth of 15.1% year-on-year to $1.45 billion, beating the consensus of $1.41 billion. Comparable Sales for Tim Horton rose 8.4%, Burger King increased 10.3%, and Popeyes Louisiana Kitchen fell 3%. Revenue for Tim Horton's climbed 16.8% Y/Y, Burger King rose 9%, and Popeyes…