EL SEGUNDO, Calif. (AP)-- Toy maker Mattel
says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first - quarter loss.
Not exact matches
In addition to the battle for control, which has pitted Dauman against 93 - year - old controlling shareholder Sumner Redstone and his daughter Shari, the company
said that advertising
sales have been
weak, and they are expected to be down by 4 % for the quarter.
After pulling back on its holiday season hiring in anticipation of
weaker sales this year, Macy's (m)
said on Friday it will hire another 7,000 temporary workers, citing a strong number of shopper visits so far this Christmas period.
CEO Kevin Mansell
said, «
Sales were modestly below our original expectations for the quarter, but accelerated in the March / April combined period after a
weak February.
CFO Scott Maw
said that
sales in Japan were hurt by
weak sales around Frappuccino offerings.
Traders
said the
weak retail
sales reading contained what could have a much sharper move in interest rates.
It
says the U.S. economy is
weaker than the headline numbers indicate because the sharp recession of 2008 - 2009 has thrown seasonal - adjustment factors out of whack and they are inflating the smoothed, annualized growth numbers for output, employment, income and
sales.
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.
China: Last month at the North American International Auto Show in Detroit, Tesla CEO Elon Musk
said sales in China were
weaker than expected due in part to a «communications issues we need to fix, most importantly over charging.»
And despite HP's
sales of PCs remaining flat its third quarter, Weisler was hesitant to
say that the same trend would continue while cautioning that he agrees with major analyst firms that predict PC
sales will be
weaker in the second half of 2016 compared to the first half.
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 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.
«You can go down this rabbit hole where one
weak link in that entire process can mean that your entire identity is compromised and all of your information is for
sale on the Internet,» he
said.
The Trump administration plans to argue the
weaker rules will lead to cheaper vehicles, boost
sales and employment and improve safety by prodding faster turnover of older vehicles, people briefed on the matter and Carper's letter
said.
5:16 - July was
weak, but August and September were solid for display
sales,
says Tim.
North American
sales, a consistent
weak point for the brand, were flat year over year, though better than expected, executives
said.
NEW YORK (Reuters)- Upper middle - class shoppers spooked by a whipsawing stock market and shoppers waiting till the last minute for the best deals could result in the
weakest U.S. holiday
sales season for retailers since the recession, AlixPartners
said.
Under Armour's first - quarter results show progress toward stabilizing its
sales in the
weak North American market and operating more efficiently,
said Jim Duffy, an analyst with Stifel Nicolaus, who has a buy rating on the stock.
Toy maker Mattel
said Thursday April 17, 2014
weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first - quarter loss.
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.
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.»
Citi
said the latest wine industry data also showed that Treasury
sales in the United States are solid, but that while the company is expanding its market share in Australia, «overall price realisation is
weak».
Australian Retailers Association chief executive Russell Zimmerman
said the
weak retail
sales figures reflected low consumer confidence, political uncertainty, international competition and housing affordability.
I have to
say that I see the proposed
sales and replacements to be largely extremely high risk, so much so as I believe these transfers would be more likely to leave Liverpool with a
weaker squad, rather than a stronger one.
LONDON (Reuters)- Online selling and
weak controls on domestic ivory
sales in Japan are spurring illegal international trade in elephant tusks and contributing to a steep rise in poaching, activists
said on Tuesday.
And in California, where Chevrolet is traditionally
weak except for pickup
sales, Batey
says Bolt is going to «attract a lot of people who have never been inside a Chevy dealership, and that is going to help our whole business.»
GM's design chief
said that the new Corvette must have a wider appeal while noting today's Corvette was «nice» but «
sales are very
weak.»
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.
Cook went on to
say that while iPad
sales are strong in emerging markets, in developed countries such as the US, «the market is clearly
weaker.»
see delusion... You JUST
said these are the
weaker sales months of PS4 / xbone.
So I've maybe only commented on here 3 times in the last 3 or so years but I must
say the prices of these
sales are super
weak.
Speaking to VG247, Pachter
said that the latest Nintendo hardware update, which we thought was pretty great, won't have much of an effect on the
weak sales of portables.
SEGA has
said in its fiscal report that Western
sales of Platinum Games» sci - fi shooter Vanquish, and Football Manager 2011 were «generally
weak».
You get plenty of retarded Xbox peasant boys spending 24/7 on the internet
saying how much they love the console but they don't even buy it when it's available because deep down they know it's a worthless,
weak, pathetic POS with no games and
sales will always prove that.
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.
Counterpoint
said that the
sales of the iPhone 8 were
weaker than expected in the last months of September, which is probably because of the similar design to the iPhone 7, and all those users waiting for the -LSB-...]
They did
say, though, that Apple is anticipating
weaker sales this summer, and might showcase what it has planned to ready widespread demand.
Casey's lowered its same - store
sales predictions for prepared food last month after a
weak quarter, which analysts at Barclays Plc
said coincided with an advertising push by Yum!
«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.
«The combination of
weaker contract signings and the expected pause in activity in the Houston region because of Hurricane Harvey will likely slow overall
sales growth in coming months,»
said Yun.
Writing for NRF's Retail
Sales Outlook, NRF Chief Economist Rosalind Wells
says, «Although the economy was unquestionably
weak in the first few months of 2001, we see signs that the malaise will end and that economic activity will improve in the second half of the year.»
«With the exception of a minimal gain in the West, pending
sales were
weaker in most areas in July as house hunters saw limited options for
sale and highly competitive market conditions,»
says Lawrence Yun, chief economist at NAR.
«The combination of
weaker contract signings and the expected pause in activity in the Houston region because of Hurricane Harvey will likely slow overall
sales growth in coming months,»
says Yun.
«Several positive underlying fundamentals, particularly a stronger labor market and improved household spending power due to reduced energy expenses, should lead to a rise in home
sales despite growing global economic concerns and relatively
weak GDP growth,» he
said.
«I'm very pessimistic,» he
said, noting that
weak job growth in the Chicago area and concerns about the state's huge debts and unresolved budget are stifling housing
sales.
Sales of new single - family homes clung to their same bumpy path again last month, unexpectedly slipping to their
weakest annual pace since March, the Census Bureau
said Monday.