The commercial operations, including recently acquired food distributor Hudson Pacific Corp, were performing in line with expectations, as was the coffee and beverages business, as growth in commercial coffee contracts
offset weaker sales in lower - margin supermarket capsules.
Other alcohol conglomerates are likely to diversify into marijuana to help
offset weak sales.
Not exact matches
EMC reported a 2.5 % fall in quarterly revenue, as strong
sales in its enterprise software division failed to
offset weak performance in its traditional data storage business and a strong dollar.
The deal comes after Canon late last month reported a slight increase in fourth - quarter profit, as a
weaker yen and rising
sales of office equipment
offset weakness in a camera division competing with smartphones capable of high - quality imaging.
The adjusted tally beat consensus expectations of $ 0.74 a share, as sharper cost cutting and lower taxes more than
offset weaker - than - anticipated
sales.
Fitbit's strong growth abroad might eventually
offset its
weak U.S.
sales, while the expansion of its digital ecosystem — which includes its subscription - based Fitbit Coach and its acquisition of digital health platform Twine Health — could lock in more users.
Weaker sales in wholesale food, grocery and liquor were
offset by higher
sales from convenience, hardware and automotive supply, sending group revenue up 1 per cent to $ 6.6 billion in the six months ended October 31.
AUS: Coca - Cola Amatil's supermarket woes hit H1 profits Coca - Cola Amatil (CCA) has posted a fall in first - half
sales and profits as gains overseas failed to
offset weak domestic supermarket
sales.