First Quarter Report

Molson Coors Sees Sales Down In Q1, Warns Of ‘Significant Adverse Impact’

Brewer Molson Coors has reported an 8.7% year-on-year decline in net sales to $2.1 billion in the first quarter ended 31 March 2020, impacted by the corona...

Kraft Heinz Cautious On Back Half After Q1 Tops Estimates

US food producer Kraft Heinz Co struck a cautious tone about its 2020 performance following a better-than-expected start due to coronavirus-related stockpi...

Spain's Ebro Foods Sales Boosted By Panic Shopping And New Business

Spain's Ebro Foods saw sales jump 22.5% in the first quarter, as more rice and pasta was sold in March amid the coronavirus lockdowns in Europe and America...

Retailer Carrefour Q1 Sales Growth Accelerates With France, Brazil

Carrefour saw its revenue growth accelerate in the first quarter, reflecting strong food sales in March in all its markets and notably in the core French m...

PepsiCo Beats Revenue Estimates But Scraps Forecast Over Virus Crisis

PepsiCo Inc beat first quarter revenue estimates, but ditched its full-year forecast, citing uncertainty around the globe due to the novel coronavirus...

Coca-Cola European Partners’ Q1 Revenue Hit By COVID-19 Pandemic

Coca-Cola European Partners has reported a decline in revenue and volume in the first quarter and withdrawn its guidance for the financial year 2020, citin...

Casino's Q1 Sales Growth Accelerates, Boosted By Food Demand In France

Retailer Casino, battling investor concerns over its high debt, said revenue growth accelerated in the first quarter, reflecting strong food sales in...

Kimberly-Clark's Tissue Sales Surge 13%, Suspends Annual Forecast

Kimberly-Clark Corp has said sales of tissue and toilet paper rose 13% in the first quarter as consumers stocked up in preparation for the coronavirus...