Latest in Falls Administration Sales
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Typhoo Tea falls into administration as sales slide
The 120-year-old British tea brand has suffered from falling sales and widening losses.Top stories - BBC News - 11 hours ago -
Homebase falls into administration putting 2,000 jobs at risk
About 70 of DIY chain’s outlets sold to owner of homeware chain The RangeWorld - Financial Times - November 13 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - November 8 -
How a second Trump administration could affect electric vehicle sales
Electric vehicle sales hit an all-time high this summer, but some worry the incoming Trump administration could put a dent in sales. Ryan Yamamoto explains why.Top stories - CBS News - November 17 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - October 30 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - October 31 -
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - November 19 -
Shop sales in surprise fall as Budget fears hit spending
Sales volumes fell by more than expected in October with clothing stores having a "notably poor" month.Top stories - BBC News - 6 days ago -
Burlington’s stock falls as warm weather hurts its coat sales
“Our third quarter comp trend started out very strongly, but then warmer temperatures from mid-September onwards slowed our sales momentum,” the company’s CEO said.Business - MarketWatch - 2 days ago -
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 -
Kraft Heinz’s stock drops as sales volumes fall again, more than prices rise
Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.Business - MarketWatch - October 30 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - October 31 -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - November 7 -
Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall
Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display ...Business - The Wall Street Journal - November 14 -
Is the Biden Administration Coming for Chrome?
The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers seek to cement a major win before Donald Trump takes office.Business - The New York Times - November 19 -
Who are the contenders for Trump's next administration?
On the Friday after Election Day, President-elect Donald Trump and his team are racing to staff the incoming administration. CBS News' Scott MacFarlane reports on the names being floated for ...Top stories - CBS News - November 8 -
Typhoo Tea teeters on the brink of administration
The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory.Top stories - BBC News - November 15 -
How will Biden and his administration be remembered?
When President Biden took office in 2021, it appeared he had ended the Trump era in Republican politics. So how will handing the keys back to his predecessor affect his legacy? CBS News political ...Top stories - CBS News - 3 days ago -
Stock for Sale by Cabinet Members
Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.Business - The New York Times - 5 days ago -