U.S. companies’ sales growth is accelerating — here are the biggest winners

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Market Watch
Philip van Doorn
Aug. 8, 2018

Thirty-seven companies in the S&P 500 increased sales per share by 25% or more while improving gross margins


As we near the end of earnings season, two trends are clear: Profits have gone through the roof, helped by lower corporate income taxes. But sales have also increased remarkably, and that trend started before the tax cuts went into effect.

About 18% of S&P 500 SPX, +0.07%  companies have fiscal quarter-end dates that don’t match the end dates of calendar quarters. Also, through Aug. 7, about 95% of S&P 500 companies had reported results for fiscal quarters ended April 27 or later.

But that’s close enough for us to show a set of remarkable numbers. According to the most recently available quarterly data through Aug. 7, 267 S&P 500 companies increased their sales per share by 10% or more from a year earlier. Here’s the data going back eight quarters:

More... https://www.marketwatch.com/story/us-companies-sales-growth-is-accelerating-here-are-the-biggest-winners-2018-08-08?mod=newsviewer_click

[IsailedawayfromFR]

Appears that oil and gas companies are well represented.

To be fair, this industry tends to be more cyclical than most so it would not surprise me to have a similar article from 3 years ago displaying them on those companies declining, not rising.