This is what some of the world’s corporate leaders are saying on their quarterly earnings calls about issues ranging from Covid-19 to the U.S. presidential election.
The Pandemic
Hershey Co. CEO Michele G. Buck:
“As we saw consumers shift to more at-home behaviors, we very early on shifted the focus in our portfolio to really dial up S’mores, Twizzlers for movie nights, our baking-product activities. And then within the seasons, even with Halloween, we made that decision to lean in and drive and build a Halloween season versus back away from it.” (Nov. 6)
Match Group Inc. financial chief Gary Swidler:
“We are getting some tailwinds from things like people not having as many options to meet people, or people particularly lonely at this time of the year and wanting to take an opportunity to go out and meet people. So there are some tailwinds, but there are also some headwinds. It’s harder to meet in real life. People are more nervous. They’re more distracted. And so there’s puts and takes on what’s happening as a result of a pandemic.” (Nov. 4)
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#CEOs #Covid #Economy
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