General Motors reports strong first-quarter profits as prices help offset small US sales dip
by The Hill
The Hill— DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. T
WANE 15—General Motors reports strong first-quarter profits as prices help offset small US sales dip. General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Wayfair Investor Relations—Wayfair - Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability. Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total net revenue of $2.7 billion, decreased $45 million, down 1.6% year over year U.S. net revenue of $2.4 billion, decreased $24 million, down 1.0% year over year International net revenue of $338 million,...
Quartz Africa—General Motors stock is rising on strong earnings and sales. Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...