Company Reports Revenue of $0
- Net sales for the current quarter amounted to $2.599 Billion, showing a decrease from $2.794 Billion in the previous year's quarter.
- The cost of sales stood at $1.158 Billion in the current quarter, slightly lower than the $1.194 Billion reported in the same period last year.
- Operating income for the quarter was $1.190 Billion, down from $1.354 Billion in the prior year's quarter.
- Net income for the quarter was $739 Million, a decrease from $816 Million reported in the corresponding period last year.
- Earnings per share for basic and diluted amounts were reported at $0.95 for both in the current quarter, compared to $1.05 reported in the previous year's quarter.
It's evident from the data that the company experienced a decline in net sales, operating income, net income, and earnings per share for the quarter ended March 31, 2024, compared to the same period in 2023.
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