Online pet retailer Chewy ran a great race during the second quarter, boosting sales by close to 27%, and increasing its active customer count by 21%, to over 20 million.
The National Restaurant Association’s Mid-Year State of the Restaurant Industry report, published Tuesday, projected $789 billion in food and beverage sales across the restaurant and food service industry in 2021.
Like all the pandemic winners, Zoom has started to lose its momentum when offices reopen and people socialize.
Rising construction and retail spending will also support demand.
The VW ID Buzz is expected to go on sale in 2023 in the US.
Net sales increased 87.8% year over year to $506.9 million in the quarter under review.
The San Francisco-based company’s shares rose 4.4% to $25.42 in extended trading after fourth-quarter earnings beat expectations.
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The cycle maker also warned that near-term investments in its supply chain to speed deliveries will weigh on margins.