The Latest Breaking News from Supply chain

Although the intensifying supply chain disruptions and consequent costs increases are hurting chemical manufacturers, the surging demand for basic and essential chemicals along with federal policy support should help the industry weather these conditions. Therefore, we think it could be wise to add quality chemical stocks Huntsman (HUN), Celanese (CE),…

Masimo Corp's (NASDAQ:MASI) Q1 revenue increased 1.7% Y/Y (+3.2% on a constant currency basis) to $304.2 million, beating the consensus of $303.83 million. Excluding handheld and fingertip pulse oximeters, shipments of noninvasive technology boards and instruments were 75,700 in Q1 of 2022. The adjusted operating margin remained unchanged at 22.9%. The company reported…

Supply chain issues also predicted to pose significant challenges for the rest of 2022

Despite the rising prices of packaged food products due to intensifying supply chain disruptions, Hormel Foods (HRL) and Campbell Soup (CPB) should benefit substantially from surging demand. But which of these stocks is a better buy now? Read more to learn our view.

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…

Estee Lauder Cos Inc cut its full-year sales forecast on Tuesday, as fresh COVID-19 restrictions in China and Russia's invasion of Ukraine dampen demand for the cosmetics maker's luxury products. The company's shares were down 9% in pre-market trading on low volumes. The maker of MAC lipsticks and Bobbi Brown…