The Latest Breaking News from Supply chain

ResMed Inc's (NYSE:RMD) Q3 FY22 sales increased by 12% Y/Y (+14% on a constant currency basis) to $864.5 million, missing the consensus of $897 million. The revenue growth was driven by increased demand for sleep and respiratory care devices and an increased demand following an ongoing recall of rival Koninklijke Philips N.V. (NYSE:PHG) products. ResMed…

The U.S. solar industry cautioned against a significant slowdown in project installations in 2022 triggered by global supply chain disruptions and new U.S. tariffs on panel imports from Southeast Asia, Reuters reports. U.S.' lengthy investigation of the alleged tariff dodging by Chinese panel makers could lead them to implement the tariffs…

Harley-Davidson posts six percent revenue growth in Q1 2022 despite supply chain challenges and rising production costs.

Supply chain disruptions are expected to persist for the rest of 2022 owing to extended COVID-19 lockdowns across several parts of China and the Russia-Ukraine war. However, the Global Supply Chain Pressure Index points to an easing in supply chain pressure since December 2021. If the disruptions continue easing, Honda…

Church & Dwight Co Inc (NYSE:CHD) reported first-quarter FY22 sales growth of 4.7% year-on-year to $1.297 billion, marginally beating the consensus of $1.290 billion. Organic sales grew 2.7%, driven by a positive product mix and pricing of 7.8%, offset by a volume decline of -5.1%, reflecting the impact of continued supply chain disruption…

Keurig Dr Pepper Inc (NASDAQ:KDP) reported first-quarter FY22 sales growth of 6.1% year-on-year to $3.08 billion, above the consensus of $3.01 billion. Net sales growth was driven by favorable net price realization of 6.3%, slightly offset by a lower volume/mix of 0.2%. On a two-year basis, constant currency net sales advanced 17.5% versus…

Stanley Black & Decker, Inc. (NYSE:SWK) reported first-quarter FY22 revenue growth of 20% year-over-year to $4.45 billion, led by acquisitions and price realization, missing the consensus of $4.65 billion. Volume fell 6%, constrained by temporary electronic component supply challenges. Adjusted EPS decreased to $2.10 compared to $2.85 in 1Q21, beating the consensus of…

McDonald’s Corp (NYSE:MCD) reported first-quarter FY22 sales growth of 11% year-on-year to $5.67 billion, beating the consensus of $5.59 billion. Global comparable sales rose 11.8%, with 3.5% growth in the U.S.  Digital systemwide sales exceeded $5 billion, representing over 30% of total systemwide sales in the company's top six markets. Sales by company-operated…

Airbus SE (OTC:EADSY) is tightening monitoring of its Chinese supply chain following the increased disruption caused by recent pandemic lockdowns, Reuters reported, citing Airbus Chief Executive Guillaume Faury.  "The whole worldwide supply chain is complicated at the moment," he mentioned at a news briefing in his capacity as head of France's Gifas…