Either way, Bank of America Merill Lynch analyst Wamsi Mohan told investors on Thursday that the «magnitude» of weaker iPhone
sales during the quarter «could be surprising to some.»
The Menlo Park, California, company said the release of new advertisement offerings and updates to its mobile app helped to increase ad
sales during the quarter.
But
its sales during the quarter were down 9 % from a year ago.
Trade
sales during the quarter were $ 1.37 billion, down 7.4 %.
The Company also experienced lower online and NOOK ®
sales during the quarter, which were impacted by the prior year eBook settlement and lower promotional activity.
As of March 31, that amount was $ 8.3 million, reflecting our common equity capital raise and a number of opportunistic
sales during the quarter.
Overall, same - store
sales during the quarter declined 0.8 percent — an improvement over the 1.3 percent decline registered during the same period last year.
REO sales accounted for 10 percent of all residential
sales during the quarter, the same as in the second quarter but down from 11 percent of sales in the third quarter of 2011.
Pre-foreclosure sales accounted for 10 percent of
all sales during the quarter, the same as the previous quarter but up from 8 percent of all sales in the third quarter of 2011.
The number of
sales during the quarter was 387, down nearly 30 percent from 2015.
Not exact matches
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and / or misleading statements and / or failed to disclose that (1) the trials for GED - 0301 suffered from fatal design defects, such that GED - 0301 had failed to demonstrate meaningful clinical efficacy; (2) the growth of Otezla
sales had dramatically slowed
during Celgene's third fiscal
quarter of 2017; and (3) the clinical and nonclinical pharmacology data in Celgene's new drug application («NDA») for Ozanimod were insufficient to permit a complete review by the FDA, which resulted in the FDA issuing a refusal to file letter to Celgene regarding the NDA.
According to the research site Statistica, Amazon's third party sellers accounted for more than 50 percent of the company's
sales during the third
quarter of 2017, generating close to $ 23 billion in revenues.
Ultimately, 500,000 PlayBook tablets were shipped
during its first
quarter on
sale.
During the
quarter, while Pizza Hut had some challenges with same - store
sales growth and restaurant margin, we remain committed to our revitalization plan and key focus areas to drive
sales growth.
Earlier this week, in fact, a report found the iPhone X was the most profitable smartphone for
sale during the fourth
quarter.
The results contrasted with stronger - than - expected global quarterly
sales from McDonald's Corp and Domino's Pizza Inc, indicating that Louisville, Kentucky - based Yum may have lost market share
during the
quarter.
The episode led to a 2 percent fall in
sales during the second -
quarter of this year.
McMillon said in a prerecorded call that U.S.
sales rose
during the second half of the
quarter, but that Sam's Club had lower - than - expected
sales.
During the second
quarter, Nordstrom posted same - store
sales growth of 1.7 percent, easily outpacing Street expectations.
During the second
quarter, smartphone
sales reached 225 million units, Gartner said, up 46.5 percent from the second
quarter of 2012.
Call it a win for the power of old - school customer service and immediate gratification, the kind that drove more than $ 1.2 trillion in
sales during the second
quarter of 2014, according to the U.S. Department of Commerce.
During the latest
quarter, global same - store
sales of the Coach brand rose 3 percent, while Kate Spade's total same - store
sales dropped 7 percent.
Shingrix
sales totalled 110 million pounds ($ 154 million)
during its first full
quarter on the market, beating analysts» consensus forecast of around 35 million.
There was a lot of money made on residential property
sales around Australia in the June
quarter, but the joy wasn't spread around evenly, with more than 10 per cent of all houses and about 20 per cent of all units sold in Western Australia
during the
quarter selling at a loss.
Electrically - charged cars saw
sales jump by 47 percent, although the alternatively - powered market still only accounted for around 6.5 percent of total
sales during the first
quarter.
The company on Thursday reported that comparable
sales jumped 9 %
during the holiday
quarter that ended Feb. 3, head and shoulders above the average Wall Street estimate for a 2.9 % rise, according to Consensus Metrix.
In the company's fourth
quarter, it brought in $ 88.7 million in
sales, which was a 60 % bump from the previous year
during the same time period.
Burger King's same - store
sales in the U.S. and Canada surged by a better - than - expected 3.6 percent
during the third
quarter, marking the best
quarter of growth since 2012, while global same - store
sales rose 2.4 percent.
During the fiscal first
quarter, Tapestry said the company began to implement strategic initiatives such as cutting back on flash
sales.
Box (box) also reported
sales of $ 85 million in its first
quarter, which is a 36 % increase from the $ 62.6 million it brought in the previous year
during the same period.
As previously announced,
during the first
quarter, the company disposed of 21 shopping centers totaling 2.3 million square feet for a gross
sales price of $ 219.5 million.
Sales of the Apple Watch to consumers set a record
during the first week of holiday shopping, and the current
quarter is on track to be the best ever for the product, Apple Inc..
The company also reported that same - store
sales in China fell 1 percent
during its third
quarter.
Sales for the smartwatch
during Apple's second fiscal
quarter were down 40 % compared to the company's fiscal first
quarter ended December 26, ITG Investment Research senior analyst Matthew Goodman wrote to investors on Thursday.
Some 2,892
sales were completed in the New York City borough
during the first
quarter, according to a report from the Douglas Elliman brokerage firm and the Miller Samuel appraisal company.
Magna's fourth -
quarter sales rose 12.3 per cent to $ 10.4 billion, as light vehicle production rose seven per cent in Europe and five per cent in North America
during the last
quarter of 2017.
The stock first slid below a dollar late August, and has continued dropping ever since as Aéropostale reported its third consecutive year of falling
sales during its fourth -
quarter earnings report last month.
Aéropostale's comparable
sales fell 6.7 %
during the holiday
quarter.
The nation's largest chain of drive - in restaurants saw system - wide same - stores
sales rise 2.2 percent
during the first
quarter, powered by a 2.3 percent increase at franchise drive - ins, the corporation reported Monday.
The price war with Walmart comes at a time so - called food deflation is already pinching all these chains»
sales and profit margins: Dollar General said prices for milk fell 8 % and more than 50 % for eggs
during the
quarter.
Hardware and software
sales soared
during the second
quarter, riding new gaming consoles from Microsoft and Sony.
GameStop lowered its fourth -
quarter and full - year earnings guidance after suffering declines in video - game
sales during the holiday period.
While the tech giant reported better - than - expected earnings on an increase in revenues, and record
sales of iPhones
during its fiscal fourth
quarter, investors apparently aren't all impressed.
CEO Randy Garutti told analysts
during a conference call that first -
quarter sales were bolstered greatly by the national debut of the Chick»n Shack, which was launched in January.
But
during the third -
quarter same - store
sales at Nordstrom Rack dropped 5 percent, reversing previous trends.
The printing and personal computing giant said Tuesday that it had $ 12.5 billion in
sales in its
quarter ending Oct. 31, a 2 % increase from the $ 12.2 billion
during the same period last year.
The chain last registered comparable
sales above 0.3 per cent
during the third
quarter of its 2016 financial year when the metric reached two per cent.
The brand has been generating a lot of buzz among the fashonista crowd for its on - trend but budget - friendly pieces, but
during its most recent
quarter saw flat
sales compared to a year ago.
The stakes for the iPhone 7 are high after
sales of the gadget dropped
during two straight
quarters this year, the first declines in its history.
Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. («RBI») commented, «
During the first
quarter, we continued to grow system - wide
sales for each of our three iconic brands, and we have developed strong plans with our partners to further accelerate growth for the long term.