Emerging Markets Report: The Shifting Sands of Consumer Behavior

ORLANDO, Fla., July 14, 2020 (GLOBE NEWSWIRE) — In a world where ultimately revenue means everything, revenue through unprecedented change may mean even more. The results of the pandemic are as such that some companies are simply not going to survive because of the impact to their business or industry.
Others may thrive as the shifting sands of consumer behavior create opportunity from chaos.Recent earnings remarks from Global Diversified Marketing Group Inc (OTC: GDMK), a food and snack manufacturer, importer and distributor in the United States, Canada, and Europe, warrant examination because the Company ship its catalog of Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf-stable Macarons, and other gourmet snacks to stores and other brick and mortar locations.And through the impact of these events late in the quarter, the Company was still able to post some year-over-year improvements. Take a look:Revenue increased to $339,961 compared to $256,035, an increase of 32.8% over 2019 period.Gross profit margin improved to 49.4% in 2020 compared to 27.6% in 2019. — The full release can be read here.But what caught our eye most was this headline:“GDMK Has Seen Amazon.com Sales Soar 151 Percent in the Last 30 Days and Are Up 211 Percent So Far This Month, Exceeding Expectations with an Increase of Over 451 Percent in the Last 12 Months.”