Kingfisher Narrows Profit Forecast After Sales Miss

Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.

Business - The Wall Street Journal - November 6

Alibaba posts profit beat as China looks to prop up tepid consumer spend

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

Business - CNBC - November 15

Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Business - The Wall Street Journal - November 6

Allianz Narrows Guidance Range After Profit Beat

The insurance giant narrowed its outlook for the year to the upper end of its range after lower natural catastrophe claims drove third-quarter profits above expectations.

Business - The Wall Street Journal - November 13

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Business - CNBC - November 5

Nintendo cuts profit guidance on reduced Switch sales forecast

Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.

Business - MarketWatch - November 5

Foxconn reiterates forecasts after record profits

Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.

Business - MarketWatch - November 14

Thyssenkrupp Targets Profit Return After Posting Narrowed Net Loss

The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.

Business - The Wall Street Journal - November 19

Nintendo Cuts Switch Sales Forecasts After Weak Results

The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.

Business - The Wall Street Journal - November 5

Kingfisher shares tumble as retailer warns on sales drop and Budget hit

Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from Budget

World - Financial Times - 4 days ago

Pandora Narrows Sales View as Revenue Rises

The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.

Business - The Wall Street Journal - November 6

Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years

Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.

Business - CNBC - November 20

Ryanair profit drops as airline cuts passenger forecast

European low-cost carrier blames pressure on consumers for fall in fares

Business - Financial Times - November 4

China Oct industrial profits narrow decline but demand remains weak

World - Yahoo News - 2 days ago

Kohl’s stock sinks after another sales miss, as shoes and clothes remain weak

Kohl’s stock tanks after yet another sales miss, as the retailer’s core apparel and shoes businesses remain weak.

Business - MarketWatch - 3 days ago

STMicroelectronics Sees Slowing Sales and Profit Growth

STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...

Business - The Wall Street Journal - November 20

Nvidia’s Profit Doubles as A.I. Chip Sales Soar

The company, which dominates the market for chips used to build artificial intelligence, expects another big jump in the current quarter.

Tech - The New York Times - November 21

Bud Light Owner's U.S. Sales Bounce Back After Boycott

After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.

Business - The Wall Street Journal - October 31

Vonovia After-Tax Loss Narrows, Confirms Guidance

The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.

Business - The Wall Street Journal - November 6

Ozempic maker Novo Nordisk nudges higher profit forecast

Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.

Business - MarketWatch - November 6

Spotify shares pop on better-than-expected profit forecast

Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.

Business - CNBC - November 12

Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes

The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.

Business - The Wall Street Journal - November 14

Delta expects higher profits thanks to high-end travel and 'resilient economy'

Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.

Business - CNBC - November 20

Aker Solutions Upbeat Despite Profit Miss

Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.

Business - The Wall Street Journal - October 31

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - November 1

China retail sales pick up speed, beat forecasts in October

World - Yahoo News - November 15

Dell shares fall on light forecast despite growing AI sales

Dell is a top vendor for computers required to develop and deploy artificial intelligence, especially computers based around Nvidia chips.

Business - CNBC - 2 days ago

Novo Nordisk shares jump 8% after Wegovy sales beat expectations

Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.

Business - CNBC - November 6

Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.

Business - The Wall Street Journal - October 31

Sony reports healthy profits on strong sales of sensors and games

Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network services

Tech - ABC News - November 8

Sony reports healthy profits on strong sales of sensors and games

Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network services

Entertainment - ABC News - November 8

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.

Business - The Wall Street Journal - November 11