Brother’s Profits Are Halved As COVID-19 Impacts Q1 2020

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On August 4, Brother announced its financial results for the first quarter of fiscal-year 2020. In the last quarter of fiscal 2019, the company was impacted by the novel coronavirus (COVID-19) (see “Brother Posts FY 2019 Results, Fares Better Than Some Rivals”). However, in Q4 Brother bucked the big declines posted by some fellow OEMs

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