Sentences with phrase «sales hit by»

However the chain has seen profits and sales hit by the economic downturn as its wealthy clients cut back on luxury expenditure and business executives have downsized to budget accommodation.

Not exact matches

Still, we're in the fifth year of a very weak recovery in which small businesses have been hit hard by tight credit markets, slow sales and limited spending.
The highlights of 2011 are almost too painful to mention: the PlayBook, RIM's first tablet, was a flop; its latest line of BlackBerry smartphones was delayed; weak sales forced the company to issue a profit warning in the spring; its network was hit by a massive service outage in the fall; and it suffered the largest wave of layoffs in its history.
The sportswear giant updated investors on Wednesday on its plans to hit $ 50 billion in sales by 2020, a target that has been met with some Wall Street skepticism.
In Dick's case, Wedbush Securities estimates that the whole hunting segment, not just firearms, make up only 10 % of company sales and that the moves announced by Dick's would have at most a small impact on sales, with the biggest threat coming from a hit to store traffic.
The Baltimore - based athletic gear maker said that while it still expects to hit $ 7.5 billion in revenue by 2018, sales growth over the next two years would be within the range of the «low 20s» on a percentage basis.
It wasn't really his fault: Amidst a deepening recession, the entire industry was reeling, hit by an 80 % drop in sales in one three - month period.
According to World Travel Market and Euromonitor, theme park sales in China will hit $ 12 billion by 2020, leapfrogging both the U.S. and Japan, the largest markets now.
Amorepacific's sales were hit this year by diplomatic tensions with China that reduced Chinese tourists to South Korea.
But the sales numbers posted by «Advanced Warfare,» which has been a critical hit, were 23 percent lower year over year than those posted by last year's «Call of Duty: Ghosts,» according to Edward Williams of BMO Capital Markets.
What's more, because of the business a company like Target does online, any hit to sales is mitigated by e-commerce.
Shares in Toshiba fell 5 % on Friday, hit by a Bloomberg report that the chip business sale had been temporarily put on hold to address the concerns raised by Western Digital, which Toshiba denied.
Another study forecasts that annual sales in the space will nearly double every year to hit $ 5.2 billion by 2016.
McDonald's Japan has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found in its food, the latest trouble for a fast - food chain hit by sliding sales and a shortage of french fries.
The deal gives Cott exposure to a growing market — bottled water is poised to surpass carbonated soft drinks as the largest beverage category in America next year and hit $ 280 billion in sales by 2020.
Sales of Low T treatments have now reached $ 2 billion a year, and are projected to hit $ 5 billion by 2017.
The chain, 49.9 percent - owned by McDonald's Corp, has been grappling with falling sales that began long before a food safety scandal last summer hit confidence in its products.
By enlisting a host of tactics to delay the foreclosure process, like filing bankruptcy, pushing back short sale dates and hitting lenders with requests for more documentation, consumers are able to further delay the inevitable.
Hit by Amazon's explosive growth a decade ago, as well as the rise of e-books (which now seem to have peaked at around 20 % of total book sales), Barnes & Noble closed stores year - in, year - out, benefiting from a savvy move in the 1990s that saw it opt for short leases.
Today Outreach counts about 1,200 companies as customers and hit annual recurring revenue of $ 10 million by the end of 2016, just two years after its sales automation product was released, he said.
The 128 - year - old beauty company, known for products such as Skin - So - Soft and ANEW skincare, has been hit by a triple whammy: the rise in sales of low - priced beauty products at mass - market chains such as Walgreen (WAG) and Dollar General (DG), the apparent obsolescence of its direct - selling model for beauty items, and ill - advised forays into fashion, jewelry and pricier skincare products that alienated many customers.
«By 2000, online sales hit US $ 10 billion, still small by overall retail standardBy 2000, online sales hit US $ 10 billion, still small by overall retail standardby overall retail standards.
That's the sharpest growth since 2011, when luxury sales started to be hit by slower economic growth and a fierce crackdown on corruption.
Maybank - KimEng said both companies likely needed the deal to gain access to «a bigger playground,» noting Geely's potential in China was capped by moderate growth and Malaysian auto sales appeared to have hit a saturation point.
In a world increasingly dominated by streaming media on mobile devices, new DirecTV subscribers will be offered «immediate access to programming... at the point of sale,» AT&T said, adding that the deal will «offer customers the freedom to watch hit TV shows anytime virtually anywhere, using a TV, computer, tablet or smartphone.»
The company's annual profit hit a record high of 555 billion yen in the year to March 2009, driven by Wii sales.
By tapping female advisers, investors, and employees, the company hit half a million dollars in sales and ran out of its holiday inventory just six months after launch.
Precision shares, though, are off nearly 30 % from their all - time high, as the company's earnings have been hit by weakness in the oil and gas sector, where the majority of the company's non-aerospace sales come from.
In just seven days on sale, «25», the first album in four years by the Grammy - winning singer, easily outsold the entire year's figures for country - pop superstar Taylor Swift's hit album «1989», according to official figures released by Nielsen on Saturday.
The drug company has been hit by allegations that it's inflating sales, but critics claim it may be hiding costs as well.
However, residents are hit by a high 8.91 percent sales tax.
Echelon is now focusing its growth on «smart» commercial & municipal LED lighting (although its fab-less chip business has apparently now stabilized after a long decline), and if the lighting business accelerates (and it could, due to recent sales force hires and new products), I think there's a chance it can hit a break - even annualized revenue run - rate of $ 40 million by Q4 - 2019 (pushed back from my earlier hoped - for timeline) at which point — assuming $ 14 million of remaining net cash (vs. an estimated $ 18 million at the end of Q2 2018) and 4.7 million shares outstanding (vs 4.52 million today), an enterprise value of 1x revenue on this 53 % gross margin company would put the stock in the mid - $ 11s per share.
The right resources: Sleep Country motivates front - line staff by arming them with knowledge (each one spends three weeks training before hitting the sales floor) and autonomy, leading to happier people — and higher sales.
Finally, I showed that a simple extrapolation of this robust linear trend means that Pharma's IRR will hit 0 % by 2020, which implies that the industry is now on the brink of terminal decline as it enters a vicious cycle of negative growth with diminishing sales and investment into R&D.
Hit The Mark Inc., which runs Mumbai - based curated baby and kids products flash sales site Hopscotch.in, has raised $ 13 million (around Rs 89 crore) in Series C funding led by Facebook co-founder Eduardo Saverin.
The company plans to talk with West about the matter, he said in an interview with Bloomberg TV after the company reported better - than - expected first - quarter earnings but said its sales were hit by the strength of the euro.
The Amazon Echo is a huge success, and that shows by the number of sales and downloads for the device's companion app, which has hit a milestone on both the App Store and Google Play Store.
Those quarterly numbers will give the most detailed view yet of how hard the company has been hit by declining sales.
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The primary reason for this reduction was a slowdown in sales for cancer drug Abraxane, which has been hit by the expansion of cancer immunotherapies into new indications.
The luxury - goods group said 2017 fourth - quarter sales were down 8.4 percent at current exchange rates, hit by adverse currencies and an ongoing planned clearance of its product inventory.
Quarterly vehicle deliveries hit a record high of about 30,000 units, up about 30 % year over year, primarily driven by Model S and X sales.
Its real estate board announced Thursday that sales reached 2,032 last month, up 13.6 % from last year, and the average home price rose by 4.2 year - over-year to hit $ 455,212.
This approach leads to many of the challenges that sales teams face today, including getting undercut by the competition, dragging out a long sales cycle, selling on price and ultimately not hitting sales goals consistently.
You've just hit X number of unique monthly active users, you've just formed a strategic partnership with a company, you've just reached Y dollars in sales — anything that is both legitimately something to celebrate AND that would be considered newsworthy by the outlets that you hope pick up your press release in the first place.
Salespeople are not motivated by hitting moving sales targets or rules that change within the Sales Dsales targets or rules that change within the Sales DSales Drive.
Over the last several weeks, analysts and research firms have been evaluating how Apple Inc. (NASDAQ: AAPL) has hit the rock bottom with the lukewarm response of its latest flagship iPhone X. Even though the world was intrigued by the design and technology of Apple's top - of - the - line handset, its sales remain sluggish.
New development sales were projected to hit $ 8.1 billion by the end of the year — a 13 percent drop compared with 2016's $ 9.3 billion in sales.
Cricket Australia's chairman says its broadcast rights sale should not be hit by the ball - tampering scandal.
Cannabis sales in the United States are expected to hit $ 6.7 billion this year and analysts predict sales to hit $ 21.8 billion by 2020.
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