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I was confused why this is Q1 2020 results and not Q4 2019 result (since sales figure is till Dec 28 2019). Non-Standard Quarters For a variety of reasons, so
by achow 7y ago
I was confused why this is Q1 2020 results and not Q4 2019 result (since sales figure is till Dec 28 2019).
Non-Standard Quarters
For a variety of reasons, some public companies will use a non-standard or non-calendar quarterly reporting system. For example, Walmart's first quarter is February, March, and April; Apple Inc's Q1 is October, November, and December; Microsoft Corporation's Q1 is July, August, and September.
https://www.investopedia.com/terms/q/quarter.asp https://www.investopedia.com/terms/q/quarter.asp