In the quarterly financial statement comparison for the periods ending March 30, 2024, and April 01, 2023, the following key figures were reported:
- Revenue for the current quarter stood at $5.65 billion, compared to $6.51 billion in the same quarter last year. For the nine-month period, revenue was $18.19 billion this year, down from $19.98 billion in the previous year.
- Cost of goods sold for the current quarter was $4.98 billion, lower than the $5.70 billion reported in the previous year's quarter. For the nine-month period, the cost was $16.07 billion this year, compared to $17.62 billion in the prior year.
- The net income for the current quarter was $88.83 million, a decrease from $187.43 million in the same quarter last year. For the nine-month period, the net income was $416.03 million this year, down from $615.57 million in the previous year.
- The earnings per share (EPS) for the current quarter were $0.98 for basic and $0.97 for diluted, compared to $2.05 and $2.03, respectively, in the previous year's quarter. For the nine-month period, the EPS was $4.59 for basic and $4.52 for diluted this year, down from $6.67 and $6.58, respectively, in the prior year.
Overall, the company experienced a decline in revenue, net income, and earnings per share compared to the same periods in the previous year, indicating a challenging business environment during the current reporting period.
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