Tesco continues to struggle across Europe, with like-for-like sales excluding petrol down 5.5% as “tough economic conditions, challenging competitors and over-dependence upon out-of-favour hypermarkets” take their toll. ...
Tags: chilled convenience meals, frozen beef, Tesco, Darren Shirley
Retail sales in April were down for a third consecutive month at independent bike shops, according to Leisure Trends’ RetailTrak IBD sales summary. Sales—bicycles and related parts and accessories—totaled $360 million for ...
Tags: Transportation, Leisure Trends, Sales
Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors. All regions are showing strong price gains from a year ago. Total ...
Hewlett-Packard reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10% from the same period last year, the ...
US-based polysilicon maker MEMC has reported first-quarter 2013 financial results with net sales of US$443.6 million, down 26% on quarter and 15% on year. The firm reported first-quarter gross margin of 11.2%, lower than 18% in the fourth ...
According to the Society of Indian Automobile Manufacturers (SIAM), Indian motor vehicle production in April this year decreased 2.8 percent as compared to April 2012 with 1,721,455 vehicles produced. In the latest Indian fiscal year (from ...
Tags: Motor Vehicle, Mineral
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced that it is targeting cost cuts of $3 billion by the end of 2015. As of March this year, the company had achieved $200 million in cost improvements. According to ...
Tags: Arcelormittal, Mineral
Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers, has announced that in the first quarter of the current year it achieved consolidated sales of €799 million, down 11 percent compared to the ...
Tags: Mineral, steel cord and wire
UK retail sales values were down 2.2% on a like-for-like basis from April 2012, when they had declined 3.3% on the preceding year. On a total basis, sales were down 0.6%, against a 1.0% decline in April 2012. Growth was negatively ...
Tags: Apparel, Apparel Industry
MGP Ingredients, a Kansas-based independent supplier and producer of premium distilled spirits, has reported 2.3% decline in distillery products sales to $70.8m in the first quarter (Q1) ended 31 March 2013, against the sales during the ...
Tags: MGP Ingredients
Hancock Fabrics, Inc announced improved financial results for its fourth quarter ended January 26, 2013 and full fifty-two weeks of fiscal 2012. Fiscal 2012 financial results include: - Net sales for the year increased $6.0 million to ...
Tags: Textile
The Dow Chemical Company reported First Quarter 2013 Earnings Statement. First Quarter 2013 Highlights -The Company reported earnings of $0.46 per share, or adjusted earnings of $0.69 per share(1). This compares with earnings of $0.35 ...
Tags: Dow Chemical, Textile
Supplier sales were down double digits through the first quarter as unseasonably cold and snowy weather continued to hammer many parts of the country in March, according to the BPSA Topline for Cycling RetailTRAK from Leisure Trends ...
Tags: Supplier sales, Transportation
For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago. While net sales for the first quarter ...
Tags: Hanesbrands, Apparel
Advanced Micro Devices reported a 31 percent drop in revenue for the first quarter as it continues to battle a weak PC market and lackluster demand for its chips. Sales in AMD's Computing Solutions group, which makes processors for PCs ...
Tags: CPU, Computer Products, PC