The Latest Breaking News from Supply chain

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…

Nokia Corp (NYSE:NOK) reported a first-quarter FY22 net sales growth of 5% year-on-year (1% in constant currency) to €5.35 billion. Network Infrastructure grew 9% Y/Y in CC, driven by solid demand in Fixed and Submarine Networks. Cloud and Network Services grew 5% Y/Y in CC with strength in Core Networks. Mobile Networks declined…

New documents show that almost £25.5bn in ScotWind commitments have been outlined by developers

Telecom equipment maker Nokia reported stronger-than-expected quarterly operating profit on Thursday helped by higher demand for 5G gear despite supply chain constraints. First-quarter comparable operating profit rose to 583 million euros ($613 million) from 551 million last year, beating the 513 million euro mean forecast of eleven analysts polled by…

Australian Prime Minister Scott Morrison on Thursday blamed the war in Ukraine and COVID-related supply chain disruptions for a record rise in living costs which could jeopardise his chances of winning a national election to be held within weeks.

Polaris’ Q1 2022 sales figures and a 48-percent profit loss prove that the company is still coping with pandemic-induced supply chain woes.

LG Display Co, Ltd (NYSE:LPL) reported a first-quarter FY22 revenue decline of 6% year-on-year to KRW 6.47 trillion. The EBITDA decreased 25.2% Y/Y to KRW 1.2 trillion.  LG Display saw a decrease in panel shipments in the quarter due to low seasonality, industry demand shrink, and a continuous decline in LCD panel prices.…