Pfizer slumped 3 percent after
reporting weak sales.
On Wednesday, JCPenney also
reported weak sales at stores open for more than one year.
Big Lots sank 10.1 % to $ 48.45 after the discount retailer
reported weak sales and gave disappointing forecasts for the current year.
Nintendo's stock price had fallen last week after the company failed to hit sales expectations for its new console, the Wii U, and
it reported weak sales for the 3DS handheld device.
In recent quarterly earnings periods, full - price retailers such as department stores and specialty retailers have been the companies to
report weaker sales, revised annual guidance figures and planned store closures...
Not exact matches
Of course, electronics are the cornerstone of promotional events like Black Friday but just as was the case with department store chains Kohl's (kss), Macy's (m), and J.C. Penney (jcp), which all
reported strong Black Friday business too but
weak overall Christmas
sales, Target shoppers held back outside of that period.
Dollar Tree
reported its earnings on the same day, also delivering
weaker - than - expected same - store
sales growth of 1.2 percent when the Street expected 2.3 percent.
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.
Weak sales in China are particularly troubling for Tesla — which will
report its fourth quarter earnings today — because Musk has previously said that car
sales there could rival the US by 2015, and that the two countries would comprise its largest markets, according to Reuters.
Office Depot (odp) saw shares plummet as it
reported weaker - than - expected
sales in the quarter ended July 1, but more crucially, admitted that Amazon (amzn) Business was eating into its corporate services segment.
Barnes & Noble shares closed down 5.4 percent on the New York Stock Exchange after the company also
reported a much -
weaker - than - expected quarterly profit, due to lower
sales of Nook devices.
That sharply contrasts with recent analyst
reports about the overall PC market like one by Gartner that said that the U.S. experienced a
weak back - to - school season and that overall PC
sales dropped during the a three - month - period ending Sept. 30.
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 department store company, which has
reported sales declines in its last 11 quarters despite closing dozens of
weak stores, said on Thursday, that comparable
sales rose 1 % in November and December, a modest increase to be sure, but one that puts Macy's on track to
report its first quarter of growth in three years.
The Bank of Canada
reported Monday that business sentiment for future
sales growth remained «
weak» in the second quarter as Canada's energy industry struggled with an oil shock.
McDonald's on Monday
reported global and U.S.
sales in February that were much
weaker than analysts expected.
The biggest
weak spot for the quarter was
sales at its Gillette shaving business, which
reported a 5 percent drop in net
sales.
Recently,
reported U.S. earnings have been mixed, with some large companies surprising on the downside due to a combination of rising costs and
weaker than expected
sales, giving rise to concerns that the trend of total profits may be heading lower.
The consumer giant that fended off Kraft Heinz earlier this year
reported weak third - quarter
sales.
Earlier this month, American Outdoor Brands Corp. forecast
weak firearm
sales for at least a year, becoming the latest gun maker to
report disappointing quarterly results.
American Outdoor Brands Corp. forecast
weak firearm
sales for at least a year, becoming the latest gun maker to
report disappointing results as lawmakers discuss tougher regulations.
The trillion - dollar question to economy watchers is whether those
reports will measure a strong flow of
sales or a
weak one.
Retailers there continued to
report that the presidential elections had weighed on
sales, exacerbating already
weak demand.
The
weakest estimates are from Australian Property Monitors (APM), based on land titles offices» records, but these are likely to be revised upwards as more
sales are
reported to state governments.
That was the
weakest sales growth since 2006, «raising doubts about the stability of consumption amidst the construction and industrial slowdown,» said Brian Jackson of IHS Global Insight in a
report.
Any investor in retail stocks is well aware of the
weak sales and earnings
reports that a large number of retailers have
reported in the last 30 days.
Yesterday's inflation reading comes on the heels of a
weak retail
sales report, which should come as no surprise, given that so many people in the US have left the labor force.
On Thursday, analysts from Merrill Lynch and JPMorgan Chase both expressed concern about Apple's iPhone
sales after Apple supplier Taiwan Semiconductor (NYSE: TSM)
reported worse - than - expected guidance, saying, «
Weak demand from our mobile sector will negatively impact our business despite strength in cryptocurrency mining.»
This pattern of a stronger - than - expected contribution from US consumers was reflected in July's retail
sales report, which not only came in well ahead of consensus expectations, but also included significant upward revisions to the
weak figures seen in May and June.
Consumer tracking agencies have
reported holiday
sales in 2012 were the
weakest in four years, with many factors likely contributing: poor weather, fresh grief over the Newtown shootings and even...
20 Feb 2017 — Campbell Soup has
reported lower - than - expected quarterly
sales, hurt by
weak demand for its beverages, broth and condensed soups, sending its shares down by 8 percent.
The
report from that
weak sales tax receipts are a «credit negative» for upstate counties due to their dependence on the revenue for their operating budgets.
Responding to
reports criticizing
weak sales of new GM cars like the Pontiac G6 sedan, Lutz said the company should have set lower, more realistic expectations.
The company also
reported weak holiday
sales for the Nook in January, as it sold fewer e-readers and tablets at its own retail locations.
RIM's market value has plunged 77 percent in the last 12 months to about $ 6.8 billion following a series of disappointing quarterly
reports, delayed phone launches,
weak sales of the PlayBook tablet and other missteps.
Yesterday, Barnes & Noble
reported a 1.8 % fall in quarterly
sales to $ 1.41 bn, the result of «
weak demand for its Nook tablets», within which
sales of its Nook division fell by a third to $ 51.7 m.
As many have noted of late, e-book
sales are slipping, and Publishers Weekly's Jim Milliot has a
report on how slowing e-book
sales hit profits of two big publishers, S&S and HarperCollins: Parent company News Corp blamed the
weak sales performance on lower Divergent
sales and lower e-book
sales.
As a result, tablet vendors like Samsung, Motorola and HP will be forced to lower their prices in an effort to bolster
weak sales, DigiTimes
reports.
Meanwhile, Wal - Mart declined after
reporting weaker - than - expected online
sales for the 4th quarter of 2017 as well as challenged margins.
SEGA has said in its fiscal
report that Western
sales of Platinum Games» sci - fi shooter Vanquish, and Football Manager 2011 were «generally
weak».
Though October - December
sales were
weak, Japanese solar PV cell exports rose 1.2 %, to 1,462 MW for 2011 as a whole, Reuters
reported.
Global
sales of the Galaxy S8 series are
weaker to those of the Galaxy S7 lineup, South Korean media
reported on Tuesday, citing local analysts who expressed skepticism regarding the fact that Samsung isn't publicizing the
sales figures of its latest Android flagship pair any longer.
Apple and Samsung are major rivals in the smartphone space, so one might expect that the latter would be pleased to hear of the
weak demand for the iPhone X. However, it turns out that Samsung provided the OLED displays for the iPhone X, and Nikkei Asian Review
reports that those low
sales have sent the South Korean electronics giant looking for new buyers.
LG said that the last three months were «challenging» for its mobile department and it
reported an operating loss of $ 117.27 million, «primarily due to
weaker than expected premium smartphone
sales» — its major smartphone focus at the time being the LG G6, released in April.
After numerous
reports citing
weak iPhone X
sales, Apple posted on Thursday record results for the quarter ending in December 2017.
But Canadian
sales have fallen, partially due to the
weak Canadian currency, The Wall Street Journal
reports.
«Some companies
report that demand is a bit
weak, but others are showing decent same - store
sales,» says John Sheehan, a securities analyst for brokerage A.G. Edwards & Sons in St. Louis.
Existing - home
sales are projected to recover after a
weak report in November due to the implementation of the Consumer Financial Protection Bureau's TILA - RESPA Integrated Disclosure rule, according to the latest Auction.com Residential Real Estate Nowcast
report.
At the beginning of the year, Auction.com's Residential Real Estate Nowcast predicted that existing - home
sales would recover after a
weak report in November due to the implementation of TRID.
The MPI is a weighted average of current production indexes for low - rent, market - rent and for -
sale units, and can vary from 0 to 100, where any number over 50 indicates more builders
report stronger rather than
weaker conditions.