Apple Inc reported first quarter sales increased 12% driven broad gains across all of its products and services and many geographies. The company authorized share buyback program of $90 billion.
AAPL
AAPL
Amazon.com Inc reported first quarter sales increased 7% and marked the sixth quarter of slowing growth in a row. Growth declined from 42% in the last quarter in 2022 to 7% in the first quarter in 2022.
AMZN
AMZN
Twitter reported first quarter 2022 advertising revenues increased 23% and global active daily users rose 16% to 229 million.
TWTR
TWTR
McDonald's reported first-quarter sales increased 11% on strong growth in international locations. The U.S. restaurants same store sales increased 3.5% largely on menu price increases.
MCD
MCD
Cheesecake Factory reinstated its stock repurchase program and quarterly dividend of 27 cents. Quarterly earnings shot up five-fold after all capacity restrictions were lifted at all restaurant concepts operated by the chain.
CAKE
CAKE
Facebook parent Meta Platforms added users in the first-quarter 2022 but net income fell 21% largely on the drop in ad revenues in the U.S. and Canada region.
META
META
Skechers USA Inc reported first-quarter 2022 sales increased 27% and earnings rose 23%. The third-largest footwear brand is on track to achieve $10 billion sales by 2026.
SKX
SKX
Chipotle Mexican Grill, Inc said higher labor and food costs were offset by price increases across the menu. Comparable restaurant sales increased 9% and digital sales account for 42% of total food and beverage sales.
CMG
CMG
Alphabet Inc, parent of Google, said quarterly revenue growth slowed to 23% from 34% in the year ago period. YouTube revenue growth fell short of expectations and cloud services segment revenues soared 44%.
GOOG
GOOG
Microsoft said March quarter revenues increased 18% driven by strong performance in its enterprise, personal, and cloud computing segments.
MSFT
MSFT
UPS reported first-quarter 2022 revenues increased 6.4% and adjusted net income rose 10% from a year ago. Average Total domestic package volumes declined to 19.7 million from 20.4 million a year ago.
UPS
UPS
PepsiCo said first-quarter 2022 revenues rose 9.3% and reported better-than-expected earnings on strong performance in its food and beverage businesses. The company also lifted its annual outlook.
PEP
PEP
The Coca-Cola Company reported first quarter 2022 revenues increased 16% on unit case volume growth, improved business mix and price increase. Sparkling soft drinks grew 7% driven by increases in all geographies and hydration, sports, coffee and tea reported 10% increase in the quarter.
KO
KO
Danaher Corp said first quarter 2022 revenues rose 12% driven by a 4% increase in Covid-19 related testing revenues. Net income was flat. Diagnostic segment revenues in the quarter rose 21.5% followed by 9.5% growth in the Life Sciences segment.
DHR
DHR
Pool Corp said first quarter 2022 revenues surged 33% and net income soared 82% from a year ago. The pool supplies wholesale distributor said early inventory build up, prices hikes between 10% and 12%, and recent acquisitions funded with debt helped the latest quarterly results.
POOL
POOL