#Q2Sales

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7 months ago

Strong Chinese demand helps Danone second-quarter sales beat expectations By Dominique Vidalon PARIS (Reuters) -Danone on Wednesday reported second-quarter sales that beat expectations, boosted by strong demand in China for infant milk formula and medical nutrition products. This largely outpaced weakness in the water segment in Latin America due to rainy and cold weather in Mexico, and still sluggish coffee creamer sales in a competitive U.S. market. The French consumer goods group, whose brands include Evian and Badoit water and Activia yoghurt, said second-quarter sales rose 4.1% on a like-for-like basis, compared with expectations of 3.8% increase in a company-provided analysts’ consensus. Danone (EPA:DANO)’s recurring operating income for the first half of 2025 was 1.811 billion euros ($2.09 billion), with a margin of 13.2% of sales against 12.7% a year ago. The company reiterated that its full-year 2025 forecast was in line with its mid-term ambition of like-for-like sales growth of between 3% and 5%, with recurring operating income growing faster than sales. The first half performance reflected "the strength and resilience of our health-focused portfolio," said CEO Antoine de Saint-Affrique, adding that Danone was focused on "the consistent execution of our consumer-centric and science-based strategy and the delivery of our mid-term guidance." Danone, which ended last year with record cash of 3 billion euros, has been using some of it for acquisitions to boost its focus on health and science, and build resilience to a volatile environment marked by U.S. tariff uncertainty and weak consumer sentiment. The group recently bought The Akkermansia Company, a Belgian biotics company, as well as a majority stake in Kate Farms, a U.S. plant-based organic formula and shakes maker. Danone, like rivals Unilever (LON:ULVR) and Nestle (NSE:NEST), has slowed price hikes after three years of steep increases following the COVID-19 pandemic to win back shoppers who had turned to cheaper brands amid elevated inflation. ($1 = 0.8654 euros) Before you buy stock in DANO, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is DANO one of them?

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Profit Trading USA

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7 months ago

Intel Clears Low Bar For Q2 Sales. Stock Rises Late. - Investor's Business Daily Intel Clears Low Bar For Q2 Sales. Stock Rises Late. Investor's Business Daily

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Profit Trading USA

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8 months ago

TSMC Q2 sales jump 39% on robust AI-driven chip demand Investing.com-- Taiwan Semiconductor Manufacturing Co (TSMC) (TW:2330) on Thursday posted a 39% jump in second-quarter sales, surpassing market expectations amid strong global demand for AI chips. According to the company’s monthly sales, the total figure for the April-June period came in at NT$933.8 billion ($31.9 billion), exceeding LSEG estimates of NTT$927.83 billion. It also topped TSMC’s prior guidance range of $28.4 billion to $29.2 billion issued in April. The strong revenue performance underscores robust global appetite for advanced chips, particularly those tailored for artificial intelligence workloads. TSMC, the world’s largest contract chipmaker, counts key clients such as NVIDIA Corporation (NASDAQ:NVDA) and Apple Inc (NASDAQ:AAPL) among its customer base. Earlier this week, Nvidia became the first company in history to hit a $4 trillion valuation. The company said it will release full quarterly earnings, including net profit and forward guidance, on July 17.

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Profit Trading USA

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8 months ago

Daimler Truck reports 5% decline in Q2 sales; shares up Investing.com -- Daimler Truck Holding (ETR:DTGGe) on Monday reported a 5% decline in second-quarter deliveries, with total unit sales falling to 106,715 from 112,195 a year earlier. The drop was driven by weaker demand in the U.S., where Trucks North America posted a 20% decline to 38,580 units. Despite the decline, shares in Daimler Truck rose 1% in Frankfurt trading after falling initially. Mercedes-Benz (OTC:MBGAF) Trucks sold 38,294 vehicles in the quarter, broadly flat from 38,481 in the same period last year. Trucks Asia recorded a 13% increase in deliveries, rising to 26,443 units from 23,411. Daimler Buses also saw growth, with sales up to 7,027 units from 6,674. For the first half of 2025, total group sales stood at 206,527 units, down from 221,106 in the same period a year earlier. Last month, Daimler Truck and AB Volvo (OTC:VLVLY) joined forces to develop a software-defined vehicle platform in a bid to cut costs and reduce their reliance on hardware-dependent suppliers. The new venture, named Coretura, will initially employ 50 people and aims to roll out its first connectivity platform in 2027. The truckmakers are looking to create an "industry standard", Daimler Trucks CEO Karin Radstrom said. Further deliveries are planned toward the end of the decade.

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Posts tagged #Q2Sales