AUS: Kirin's Lion Nathan National Foods suffers Q1 sales fall Kirin Holdings - owned Lion Nathan National Foods (LNNF) has reported a fall in first
quarter sales due to a decline in beer volumes and di
Not exact matches
Apple's fiscal third -
quarter financial results will significantly disappoint Wall Street expectations
due to weak iPhone
sales, according to a Bernstein analyst.
The aluminum - cased N1, which runs on Google's Android Lollipop operating software but features Nokia's new Z Launcher intelligent home screen interface, is
due to be in stores in China in the first
quarter of next year for an estimated price of $ 249 before taxes, with
sales to other markets to follow.
Investors are also relieved
due to the company's much better than feared June
quarter sales guidance range.
Adidas said ecommerce
sales growth slowed to 27 percent, which Rorsted said was
due to fewer product launches in the
quarter.
For the latest
quarter, Viacom said U.S.
sales to pay - TV affiliates and online video firms such as Netflix, which pay to screen its shows, rose 4 % to $ 1.01 billion, largely
due to the timing of some deals with streaming video services.
Millner also pointed out that the
quarter came a year after a mass shooting at a nightclub in Orlando, Florida, which led to an increase in gun
sales due to worries that about potential new gun restrictions.
«In the current
quarter, our digital mammography systems and related revenue increased $ 20.3 million... primarily
due to an increase in
sales volume of our 3D Dimensions system on a worldwide basis.»
The service problems had dragged down
sales by eight percentage points in the
quarter, with three of those points coming from lost
sales due to rep annoyance, Jung said.
GameStop shares were down as much as 20 percent Tuesday morning as the company issued a weaker - than - expected forecast for the fourth
quarter and full year
due to declines in video game
sales.
Coach said net
sales in the third
quarter ended April 31 fell 3.7 percent to $ 995.2 million, partly
due to its decision to cut discounts and shut stores.
At that time, taking on a bigger stake in Apple seemed like a potential misstep: The company's stock had been swooning amid three straight
quarters of profit and revenue declines
due to decreases in iPhone
sales.
Under Armour had flagged in July that third -
quarter sales would slow, mainly because of the loss of retailer Sports Authority as a customer
due to bankruptcy.
Sales dived by 9 % in first quarter of its financial year, largely due to one big problem: A crackdown on corruption in China, which has led to plummeting sales in China for luxury brands and premium spirit ma
Sales dived by 9 % in first
quarter of its financial year, largely
due to one big problem: A crackdown on corruption in China, which has led to plummeting
sales in China for luxury brands and premium spirit ma
sales in China for luxury brands and premium spirit makers.
Cenovus said
sales volumes in the fourth
quarter were about seven per cent lower than oilsands production
due to the two - week shutdown and subsequent volume constraints on TransCanada Corp.'s Keystone pipeline following an oil spill in November in South Dakota.
For instance, CCL Industries Inc. (TSX: CCL - B), a Toronto - based packaging company that makes most of its
sales outside Canada, saw its earnings per share rise 21 cents in the third
quarter due to currency alone.
But the association predicts the pace of
sales will cool
due to several factors, including a five - year qualifying rate for a mortgage that is forecast to reach 5.70 per cent by the fourth
quarter of 2019.
Commentary: «Revenues were up 8.3 % for the third
quarter versus the prior - year period,
due primarily to higher commodity prices impacting the Company's supply chain revenues, higher same store
sales in both domestic and international stores, store count growth in international markets and the positive impact of changes in foreign currency exchange rates.»
Pepsi last
quarter slashed its full - year outlook as
sales in the region dropped,
due to slowing
sales of Gatorade and in convenience stores broadly.
On our shores, the year - earlier period benefited from the launch of All Day Breakfast (that
quarter also had an extra day of
sales due to leap year), so we expected comps here to be negative.
Adidas AG (ADS.XE) said Thursday that net profit for the first
quarter rose
due to strong
sales in North America.
Eli Lilly and Co lifted its full - year profit forecast on Tuesday after comfortably beating estimates for the first
quarter, largely
due to strong
sales of its diabetes and cancer drugs and lower expenses.
And while this
quarter's results got a particular boost
due to revenue recognition from the
sales of the 280 MW - AC California Flats and 40 MW - AC Cuyama projects, First Solar is really succeeding based on demand for its modules.
Mr Grantley said new figures from Urbis showing a rapid contraction in new Brisbane apartment market
sales to just 302
sales in the March
quarter, down 37 per cent on the previous
quarter and well down from the 1032
sales in the previous corresponding period last year, was also
due to tightening in available new apartment stock for
sale.
Nokia said
sales for its Devices & Services division will be substantially below its earlier prediction of $ 6.1 billion to 6.6 billion ($ 8.7 to $ 9.5 billion USD) for the second
quarter 2011
due largely to lower than previously expected average selling prices and mobile device volumes.
The decline in organic
sales was largely
due to the performance of Americas Simple Meals and Beverages, where U.S. soup
sales decreased by 7 percent based on the key customer issue we discussed last
quarter.
It was a solid earnings report for Samsung in the fourth
quarter of 2017, as earnings surged
due to strong
sales of the manufacturer's memory chips, the company said in an announcement.
Depreciation expense in the
quarter was 27 basis points higher as a percentage of
sales basis compared to last year
due to increased new units and remodels.
Fourth
quarter same — fourth
quarter restaurant labor expenses were 50 basis points lower than last year on a percentage of
sales basis
due to increased productivity and lower restaurant manager incentive compensation expense.
Adjusted net earnings for the
quarter fell to $ 238 million from $ 923 million in the same
quarter a year ago primarily
due to lower metal prices and lower gold
sales volumes.
The division has posted weak
sales over the past few
quarters due in part to declines in U.S. soup
sales.
The decline of 6.6 % was
due entirely to weaker first
quarter sales growth at Defence.
SEOUL, April 27 (Korea Bizwire)-- Hyundai Steel Co., South Korea's second - biggest steelmaker by
sales, said Friday that its first -
quarter net profit plunged 48.2 percent from a year earlier
due to a base effect.
The «other» component of other income was higher last
quarter primarily
due to gains realized on the
sale of residential mortgages.
First
quarter's [ASP], defined as total reported revenue divided by camera units shipped was down 10 % year - over-year to $ 267, primarily
due to lower
sales of Karma,
sales incentives and an increase in
sales of our entry - level HERO camera.
Last month, DMG posted a $ 5 million operating loss in the third
quarter due to higher - than - expected medical costs, prompting the company to put the unit up for
sale.
Total North America contract
sales were $ 142 million in the second
quarter of 2013, roughly flat to the prior year,
due to fewer
sales tours
quarter over
quarter.
The $ 20 million of revenue reportability was driven by $ 9 million of favorable revenue reportability in the first
quarter of 2011,
due to year - end 2010
sales associated with the launch of the company's Marriott Vacation Club Destinations program that were recognized during the first
quarter of 2011, and $ 11 million of unfavorable revenue reportability in the current year
quarter from strong contract
sales growth that resulted in an increase in contract
sales in rescission periods at the end of the
quarter.
That's a stunning 75 % above what it produced in the fourth
quarter, though it's off a low base
due to asset
sales.
LG Electronics Co. also said the same day that its mobile phone
sales growth was marginal in the first
quarter due to negative currency impact.
That pressure may intensify after Pfizer's second -
quarter revenue missed Wall Street estimates on Tuesday
due to a decline in
sales of the blockbuster pneumonia vaccine Prevnar and generic competition for Pristiq for depression.
The DIY supply chain B&Q enjoyed impressive
sales throughout the second
quarter due to the hot weather.
So far in the fourth
quarter, same - store
sales are up 2 percent to 3 percent, excluding the impact of deferred revenue seen a year ago
due to a promotional campaign, the company said.
During the
quarter, Best Buy reported same - store
sales down 5 % for 4Q10, but profitability was better than expected
due to stronger gross margins and tighter cost controls.
Wells Fargo said the fourth -
quarter sales upside was
due to markdowns and off - price clearance, and 2016 is weighted toward the second half of the year.
In the VR sector, over the long term entertainment — games, location - based entertainment and video — could represent two - thirds of all VR sector revenue, with hardware taking just over a
quarter due to «limited unit
sales and price competition,» according to Merel.
The 2019 Chevrolet Silverado goes on
sale late this summer, but as GM sells down the old model, dealerships aren't
due for significant inventory until the last
quarter of this year.
The all - new 2019 Jetta, meanwhile, is
due to go on
sale in the second
quarter of this year — it'll get here before the Arteon does.
Based on the updated 2015 Santa Fe released last October rather than the facelifted model revealed in Korea earlier this month and
due on
sale here in the fourth
quarter of this year, the SR adds a range of cosmetic and chassis upgrades to the Highlander menu.
Due to go on
sale in the U.S. during the first
quarter of 2015 (only in four - door form, initially) the Golf R wil start at $ 37,415 paired with the DSG dual - clutch automatic transmission.