On their quarterly earnings calls this week, many of the world’s corporate leaders addressed inflation, supply-chain issues, consumer spending and the continuing Covid-19 pandemic. Here’s a sampling of what they said:
“Supply chain-driven inflationary costs were unexpectedly amplified by Omicron and rapidly accelerated in December,” Mr. Johnson said. “For the balance of the year, we expect these costs to increase versus our previous estimate. Like most economists, we anticipate supply-chain disruptions will continue for the foreseeable future. We have already taken pricing actions this fiscal year…and we have additional pricing actions planned through the balance of this year.” (Feb. 1)
Want the whole story?
Read the full article for free on the Wall Street Journal