Q1 sales articles
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DoorDash Q1: DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
DoorDash reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. But the company's shares fell 12% in after-hours trading Wednesday as investors appeared concerned about rising costs. DoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. The loss, of 6 cents per share, was higher than the 3-cent loss Wall Street had...
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Amazon North American Sales Soar in Q1
Although it was closely watched for the manner in which it handled its artificial intelligence (AI) investments, Amazon dropped a stunner of a Q1 earnings report Tuesday (April 30), driven by a big spike in its North American operations. Its overall, global operating income grew from $4.8 billion in Q1 2023 to $15.3 billion in 2024. […]
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Volkswagen's Q1 sales revenue down 1% to €75.5B
The Volkswagen Group announced on Tuesday that its sales revenue in the first quarter of fiscal 2024 landed at €75.5 billion, declining by 1% compared to the same period a year earlier.Vehicle sales w