There have been pandemics in the past. So I feel very good about that.So are you beginning to see little examples of this of how the rebuild will go for you? All of our retail businesses performed well this quarter, with strong volume lifts driven by consumer pantry loading and increased at-home consumption in reaction to COVID-19.
Just any onetime costs to watch out for in this quarter? Or as you switch to the value side, if you’re seeing as unemployment rates go up over the past month, if you’re seeing a faster move to the bag category; and the value side, if you’re seeing an incremental lift. So regarding the brand advertising and I'm sure you'll forgive me for saying that I really don't want to give away exactly when we'll put on the gas and what the signals are so our competitors can then get a jump on that day, and I'm sure you'll understand that.
Given the moves you guys have made with your balance sheet, and shorten things up in obviously depressed private and public valuations, I'm wondering how you're thinking about your potential ability to be a acquirer of assets across the travel space during this crisis given your strong balance sheet.Thank you. The doctors and nurses, the scientists trying to come up with a cure or vaccine, the delivery people, the people making sure they'll be food in the stores, basically, to everybody in a job that is designated as critical. And even though our revenues were basically not pretty high in Q1, the volumes that we had to process through the business through refunds and cancellations, et cetera, were also high and that drove it costs up. And we're pleased the fact that in the areas we saw some demand increase or we saw the residual demand occur, more was going into the app. Our Q1 ending cash and investment balance was $9.2 billion, which decreased from our December ending balance of $11.8 billion, due to several factors including the following primary drivers.
On the other hand, if they miss, the stock may move lower.Booking Holdings doesn't appear a compelling earnings-beat candidate. So as we leg into a path to recovery, is there risk that some of your customers instead of buying off your grain-based market prices opt to exploit what is probably a pretty substantial arbitrage right now and leg into the cheaper liquid egg markets to help deplete some of the inventory that’s out there? The press release that supports these remarks is posted on our website in both the Investor Relations and the SEC Filings sections at postholdings.com. I think when you put those three things together, you land on you’ve got to let little data develop before you can reach a conclusion.I’m going to that, let me would like I be thank you.