America's most prominent fast - food chain just posted
its worst financial quarter in years, with profit falling 30 %.
Not exact matches
Shares in the company that also owns the Taco Bell brand fell 5 percent early on Wednesday, after its chief
financial officer said lingering concerns at KFC UK would contribute to the current
quarter likely being «the
worst» of the year.
NEW YORK, N.Y. — Wal - Mart's first -
quarter net income fell 5 per cent as
bad winter weather and
financial struggles kept customers from spending at the world's largest retailer.
The
worst performer was Company for Cooperative Insurance (Tawuniya), which plunged 9.9 percent after disappointing first
quarter financial results.
Credit Suisse was one of the
worst performers for the
quarter due to a weaker investment banking environment and because of negative comments about Credit Suisse in the Swiss National Bank's (SNB) recent annual
Financial Stability report.
Our lowest contributing sectors for the
quarter were industrials and
financials, and our
worst contributing securities were General Electric and Comcast.
«The complaint further alleges that following the July 8, 2013 resignation of Barnes & Noble's Chief Executive Officer and a July 29, 2013 earnings restatement, on August 20, 2013, Barnes & Noble disclosed much
worse company - wide
financial results for its first
quarter 2014 than the market had been led to expect, including lower sales and losses that more than doubled from the first
quarter of 2013.
The
bad news was included in a very straight forward statement in the company's
financial release it said layoffs took place at the end of the
quarter and more may be forthcoming in an attempt to bolster the business.
Funcom has released its fourth
quarter 2015
financials, and the news is both good and
bad.
Agencies in better
financial standing typically offer better and longer - term discounts than a company who is coming off a
bad fiscal year or
quarter.