La-Z-Boy Incorporated (LZB) revenue surged in Fiscal Q2 2021 Results
The global leader on residential furniture, La-Z-Boy Incorporated (NYSE: LZB), announced positive operational performance for the second quarter of fiscal year 2021, ended Octobers 24, 2020. Consolidated revenues rose 2.7 percent to $459.1 million in the second quarter of fiscal2021, with high demand for all operating firms. Same-store sales rose 34 percent for the second quarter […]
Greenlane Holdings, Inc. (GNLN) Net Revenue dropped amid Corporate Restructuring
One of the world’s front-runners of luxury cannabis devices and specialized vaporization products, Greenlane Holdings, Inc. (Nasdaq: GNLN), today announced financial results for the third quarter ended 30 September 2020. In the third quarter of 2020, net revenues were $35.8 million, compared to $44.9 million for the third quarter of 2019, a drop of $9.1 […]
Tesla inc. (TSLA) made new records despite pandemic concerns
Electric car giant Tesla inc. (TSLA) revealed profits in a fifth quarter on the trot, as its sales surged to a new height despite the pandemic. The company announced in results that it managed to hit $8.7 billion in revenue in the quarter ending in September, as deliveries go up 54%. Tesla (TSLA) showed optimism […]
Co-op was one of the winners during coronavirus pandemic as it revenues soar
According to latest reports Grocery chain the Co-op sales surged in the first six months of year as customers preferred doing shopping closer to their houses instead of going to the crowdy bigger stores and stopped dinning out during the pandemic. Company’s year over year sales in food, without the effect of new shops opening, […]
Amazon (AMZN) is hiring 7000 more in the UK as it sees boost during the lockdown
According to the latest publications, Amazon (AMZN) is set to announce 7000 vacancies in the UK after already adding 3000 jobs this year taking the tally to 10000, as the demand surged this year.The statement from the giant online retailer said that these new positions will be permanent with the standard minimum wage of £9.50 […]
Zoom profits from Pandemics amid restrictions of working from home
One of the prime winners of coronavirus pandemic was Videoconferencing app Zoom, as its profits doubled for the quarter ending 31 July. Zoom Revenues surged more than 350% to reach $663.5m, easily topping analysts’ outlook of $500.5 millions during the 2nd quarter this year. Company Profits rose to $186m, while customer growth surged 458%, year […]