The company’s business has faced less impact of COVID -19 in first quarter and it has helped them to post strong results and maintain its growth simultaneously in a challenging environment.
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On May 26, 2020 Salesforce has come up with a new series of Quick Start Commerce Solutions which be enable businesses to establish themselves online as quickly as possible. It has earmarked four solutions at direct to consumer goods (D2C), the Business to business sector (B2B), grocery and foodservices and curbside pickup.
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Microsoft releases a strong set of earnings results. Its total revenues of $34 billion included strong growth from Azure, Xbox and LinkedIn during Q3 FY20.
Walmart’s operating expenses as a percentage of revenue fell significantly. Operating expenses accounted for just 20.3% of Walmart’s revenue last quarter, versus 20.9% a year ago.
StoneCo’s Q1 2020 earnings reports states good Total Revenue but a lower Earnings then expected.
Shares of Casper Sleep (NYSE: CSPR) were stumbling on 12th May after the mattress maker posted its first-quarter earnings report. The stock was trading down 11.5% as of 10:57 a.m. EDT even though it was initially higher in pre-market hours.