The decline of 6.6 % was due entirely to
weaker first quarter sales growth at Defence.
Not exact matches
PARIS, April 12 - L'Oreal posted better - than - expected
sales growth in the
first quarter on Thursday, driven by luxury cosmetics like Lancome and demand in Asia, though the French beauty giant is still struggling to kickstart its
weaker mass market division.
J.C. Penney's operating margins plunged in the
first quarter on
weak sales and heavy clearance deals, but CEO Myron Ullman pledged to offer more promotions to turn things around.
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.
Sears could use the business: Sears namesake department stores saw comparable
sales fall 12.4 % in the
first quarter, despite closing dozens of
weak stores in the last year.
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.
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.
I mean what we've learned over the last several years is that there's tremendous variability across the year, and so you had really strong
sales results at Red Lobster
first quarter last year,
weak earnings results because of the variability in food costs.
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.
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.
Woolworths stock has fallen 14 per cent this month, partly on the back of
weaker - than - expected
first quarter sales and warnings from analysts that food and grocery margins are unsustainable.
Part of the reason is that
sales tax collections are
weaker than expected, down 3.7 percent in the
first quarter of 2015 compared to 2014.
The latest string of results echoed this: Moncler's
first quarter sales grew by 16 percent, driven by strength in Europe, whilst Burberry and Tod's suffered from
weak demand in the USA.
Analysts claim it's quite normal, as Apple generally records a
weaker first quarter after strong
sales during the holiday season.
Existing home
sales and residential investment plummeted in January and remained
weak throughout the
first quarter of 2014.