Berkshire Hathaway's manufacturing, services, and retailing businesses delivered standout second-quarter results, with revenue rising 15.2% to $61.5 billion and net earnings climbing 24.1% to nearly $4.5 billion. This segment now accounts for nearly 40% of the conglomerate's spendable cash flow, making it the company's single-biggest and most consistent cash cow. The performance extends and accelerates long-standing forward progress, even as other Berkshire businesses face headwinds. Analysts may not be fully pricing in the potential of these privately held ventures, which bolsters the bullish case for the stock.
Berkshire Hathaway IncManufacturing segment revenue and earnings grew strongly, boosting overall profitability.
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