Sales Figures
- Finance
Cenkos scores five hires to bolster growth
Institutional stockbroker Cenkos has scored five new hires as it looks to grow its corporate finance, sales and research teams. Former head…
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Richemont FY22 Sales EUR19.18B
By Joshua Kirby Compagnie Financiere Richemont AG on Friday posted strong sales growth and profitability for fiscal 2022, despite geopolitical…
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U.S. retail sales climb in April in a sign economy still has vigor
The numbers: Sales at U.S. retailers rose a solid 0.9% in April and signaled the economy still has plenty of…
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Dow jumps over 300 points after retail sales data as investors await Fed’s Powell
U.S. stocks were in bounce mode Tuesday as retail sales for April suggested the economy remained healthy and investors awaited…
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Merck KGaA 1Q After-Tax Pft EUR884M
By Xavier Fontdegloria Merck KGaA said Thursday that it expected higher profit and sales for 2022 after earnings and revenue…
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Beyond Meat’s stock slides 26% on weak sales, heads lower than IPO price for first time
Beyond Meat Inc.’s not-so-good 2022 took an ugly turn for the worse Wednesday with quarterly results that lacked sizzle. The…
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China’s Car Sales Plunge 35.5% Amid Covid Lockdowns
By Selina Cheng HONG KONG–Car sales in China plunged 35.5% from a year earlier in April, recording their worst drop…
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Adidas 1Q Sales EUR5.3B
By Joshua Kirby Adidas AG said it expects full-year profitability to be dragged by continued declining sales in Greater China…
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Fed lifts interest rates and to wind down $9 trillion bond stockpile in double-pronged attack on high U.S. inflation
“Inflation is much too high and we understand the hardship it is causing,” said Fed Chairman Jerome Powell in what…
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Fed lifts interest rates by 1/2 point and begins wind down of $9 trillion bond stockpile in June
Initially the Fed plans to reduce its holdings by $47.5 billion a month. After three months the Fed would ramp…
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Several people who attended weekend White House correspondents dinner have since tested positive for COVID
A handful of people who attended the annual White House Correspondents’ Association dinner on Saturday night have tested positive for…
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AMD tops $5 billion in revenue for first time, stock pops as annual forecast increased
Advanced Micro Devices Inc. shares rallied in the extended session Tuesday after the chip maker easily topped $5 billion in…
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Apple Suppliers Given Priority for Factory Restarts in Shanghai Region
Suppliers to Apple Inc. AAPL -2.17% are among the businesses taking precedence in local governments’ efforts to restart factories in…
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Barclays’ bond trading revenue surges 40% despite ‘entirely avoidable’ £500m blunder
Barclays’ fixed-income trading unit surged by nearly 40% in the first quarter, the biggest increase of any of its rivals,…
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Robinhood sales drop 43% as users leave
Robinhood’s revenue fell to $299m in the first quarter, a decline of 43% from the same period last year and the…
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Remy Cointreau FY2022 Sales EUR1.31B
By Joshua Kirby Remy Cointreau SA on Friday confirmed its profit expectations for fiscal 2022 and said it is confident…
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PayPal Hits the Reset Button
The comedown for PayPal’s PYPL 11.48% once-highflying stock has been harsh, but a reset of expectations could cushion its landing.…
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Amazon looks to cut costs after first loss in seven years sends stock careening lower
Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs,…
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Apple earnings beat as sales hit a record, stock gains with billions being sent back to investors
Amid a supply crunch and geopolitical unrest, Apple Inc. topped earnings expectations and set a new record for March-quarter revenue.…
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Nokia backs full-year guidance as first-quarter profit tops estimates
Nokia Corp. on Thursday posted a forecast-beating first-quarter net profit as demand for mobile networks remains strong, but cautioned that…
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Unilever 1Q Underlying Sales Growth Up 7.3%
By Michael Susin Unilever PLC said Thursday that first-quarter turnover and sales rose above market expectations despite higher input costs,…
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Credit Suisse reveals $284m loss as investment bank tumbles
Credit Suisse unveiled a loss of CHF273m ($284m) in the first quarter as it battled litigation costs and a slump…
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Pernod Ricard Eyes Higher Profit This Year as 3Q Sales Pick Up Pace
By Joshua Kirby Pernod Ricard SA said Thursday that it expects double-digit growth in operating profit for the current fiscal…
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Facebook earnings beat sends Meta stock soaring, but sales hit slowest growth in a decade
Meta Platforms Inc. is the latest tech giant to feel an economic pinch, as Facebook’s parent company reported its slowest…
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Pinterest stock soars as earnings and revenue beat, users increase for first time in a year
Pinterest Inc. overcame a difficult online-ad environment to increase revenue more than expected and break a streak of sequential user…
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Alphabet sales and earnings fall just short of estimates, stock dips
Largely defying a macroeconomic, geopolitical and technological maelstrom that has gutted other companies’ earnings, Google parent Alphabet Inc. on Tuesday…
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Microsoft beats on earnings after raising prices for Office
Microsoft Corp. eclipsed profit and sales estimates and produced stronger-than-expected revenue across all of its business segments in an earnings…
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Google Sales Growth Expected to Continue Despite Broader Economic Concerns
Google parent Alphabet Inc. GOOG -2.75% is expected to report strong sales growth despite global economic turmoil, propelled by digital…
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Novartis 1Q Net Pft $2.22B
By Cecilia Butini Novartis on Tuesday posted rising earnings and sales for the first quarter of the year as its…
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Activision Blizzard Revenue Falls as Call of Duty Demand Sputters
Activision’s sales fell 22.3% to $1.77 billion for the quarter. A game shot from ‘Call of Duty: Infinite Warfare.’ Photo:…
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Trading Places: BofA’s sales shakeup, UBS brings Frances Fahey back, Goldman’s Dustin Cohn joins Cadre
Bank of America shook up the senior ranks of its foreign exchange sales desk as the head of the unit prepares…
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Gap stock drops more than 10% following larger-than-expected sales declines, departure of Old Navy CEO
Gap Inc. shares fell in the extended session Thursday after the clothing retailer said Old Navy Chief Executive Nancy Green…
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Snap’s stock rises despite revenue shortfall amid ‘a challenging operating environment’
Snap Inc.’s stock gained in volatile after-hours trading Thursday despite quarterly revenue that didn’t meet Wall Street estimates. The company…
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Nestle 1Q Sales CHF22.24B
By Giulia Petroni Nestle SA said Thursday that sales rose in the first quarter as the company stepped up pricing…
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Tesla Q1 sales jump 81%, zooming past Wall Street estimates; stock rises
Tesla Inc. late Wednesday reported quarterly earnings that blew past Wall Street expectations, and the stock rose more than 4%…
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U.S. retail sales rise 0.5% in March, but high gas prices and inflation take a toll
The numbers: Sales at U.S. retailers rose a mild 0.5% in March and a large part of the increase reflected…
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American Airlines Slightly Raises First-Quarter Revenue Projections
(Photo by Drew Angerer/Getty Images) American Airlines stock edged higher Tuesday after the company issued preliminary first-quarter revenue estimates that…
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Snap stock plummets as it blames Apple for sales miss, Facebook and Google also drop
Snap Inc. shares were slammed Thursday, initially plunging more than 25% in extended trading, after the social-media company reported middling…
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These 15 stocks of retailers are expected to rise up to 97% over the next year
With so many challenges for traditional retailers, investors can be forgiven for giving up on the entire sector. But there…
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Robinhood’s revenue surged on crypto trades over Q2 alongside a $502m loss
Revenue at Robinhood Markets more than doubled in the second quarter thanks to a torrent of customers trading cryptocurrency, but…
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