Profits Strong Sales

Ryanair profit drops as airline cuts passenger forecast

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

Business - Financial Times - 4 days ago

Saudi Aramco Profit Falls on Oil-Price Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

Business - The Wall Street Journal - 3 days ago

DHL Owner Net Profit Falls on Costs

Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.

Business - The Wall Street Journal - 3 days ago

Primark owner profits jump despite summer washout

It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.

BMW Posts Sharp Fall in Automotive Profitability

BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.

Business - The Wall Street Journal - 2 days ago

China woes weigh on profits at Toyota, Honda and BMW

Even the strongest international carmakers are suffering from intense competition in the Chinese market

World - Financial Times - 2 days ago

Rivian Maintains Profitability Target Despite Part Shortage

The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.

Business - The Wall Street Journal - Yesterday

Vistry shares plunge as cost overruns hit profits

UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs

Business - Financial Times - 13 hours ago

General Motors’ stock jumps after big profit beat, progress on EV profits

GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.

Business - MarketWatch - October 22

Massive and historic autograph book up for sale

Joseph F. Mikulec spent years walking hundreds of thousands of miles to collect some 50,000 signatures, featuring everyone from presidents and prime ministers to local shopkeepers. The book, which ...

Coty Joins Competitors in Warning of Beauty Sales Slowdown

The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...

Business - The Wall Street Journal - October 14

Holiday Sales Growth Expected to Normalize to Prepandemic Levels

Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.

Business - The New York Times - October 15

LVMH stock falls on slumping luxury sales in China

LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales

Business - MarketWatch - October 16

How Virtual Assistants Can Support and Accelerate Sales

Say goodbye to stress when you streamline sales strategy with the power of outsourcing.

Business - Inc. - October 16

Boohoo considers break-up as sales slide

The online fashion firm is mulling whether to offload its brands as sales remain under pressure.

Dozens Of Cool Lego Sets Are On Sale At Target This Week

If you're looking for something fun to do on cold autumn and winter nights that doesn't involve a screen, dozens of Lego sets are on sale at Target right now. Building sets based on Batman, ...

Tech - GameSpot - October 21

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

Starbucks Suspends Guidance as Sales Slump Persists

The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.

Business - The Wall Street Journal - October 23

Fallout PC And Console Games Are On Sale For Fallout Day

October 23 is Bethesda's Fallout Day--a yearly celebration of the game series marked by the day the bombs fell in the Fallout universe. In celebration, the Fallout games and DLC are on sale at ...

Tech - GameSpot - October 23

Frontier's Second Biggest Investor Opposes Sale to Verizon

Frontier Communications’ second largest investor is the latest stakeholder to come out against the company’s proposed $9.6 billion acquisition by Verizon Communications.