Tag: sales
Apple’s iPhone sales plummeted 19% in March quarter, per Counterpoint data
According to Counterpoint Research, Apple’s (AAPL) iPhone sales in China plummeted by 19% during the March quarter, marking the device's poorest performance in the region since the onset of Covid around 2020.
Nissan cuts annual operating profit estimate by 14.5% on lower sales
TOKYO (Reuters) -Nissan Motor slashed its annual operating profit estimate by 14.5% on Friday, citing lower-than-expected vehicle sales and other factors.
L'Oreal shares shine after sales beat expectations
PARIS (Reuters) -Shares in L\’Oreal rose more than 4% in early Friday trading after the French cosmetics giant beat expectations with a strong rise in first quarter sales on Thursday evening, allaying concerns about a slowdown in the United States.
Snap-On misses quarterly sales estimates on weak demand for power tools
(Reuters) – Snap-On missed Wall Street estimates for first-quarter sales on Thursday, as vehicle service and repair technicians bought fewer tools and equipment made by the company, offsetting steady demand for its products from auto dealerships.
Earnings call: Nokia faces sales decline but remains confident in growth
Nokia (HE:NOKIA) Corporation (NOK) reported a 19% decrease in net sales for the first quarter of 2024, attributing the decline to a challenging spending environment. Despite the downturn, the company experienced a positive trend in order intake, particularly in its Network Infrastructure business, and anticipates returning to growth for the full year.
Early Easter causes EU new car sales to drop 5.2% in March, says ACEA
By Alessandro Parodi and Greta Rosen Fondahn
Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips
By Josh Ye, David Kirton and Brenda Goh
Q4 preview: 6 companies likely to report doubling of sales. Do you own any?
6 companies expected to double sales in Q4 with sectors like automobiles, banks, gas utilities, pharmaceuticals showing YoY sales growth. Sunteck Realty set for a significant jump in net sales.
EU to fine Mondelez for blocking cross-border sales, FT reports
(Reuters) – The European Union is set to fine Oreo maker Mondelez (NASDAQ:MDLZ) International for blocking cross-border sales, the Financial Times reported on Tuesday, citing people familiar with the matter.