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Hanesbrands "on plan" despite tough Q2

2016-08-03 13:54:00| Daily apparel & textile news and comment - from just-style.com

Hanesbrands, one of the world's largest underwear and activewear apparel manufacturers, has said its second-quarter results were in line with expectations, but has lowered its guidance for full-year earnings per share.

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HTC points to sales turnaround in Q2

2016-08-02 13:22:00| Telecompaper Headlines

(Telecompaper) HTC signalled an upturn in sales in the second quarter compared to the first three months of the year, but sales were still down sharply from a year ago. Its quarterly revenue of TWD 18.9 billion was up 27 percent form Q1, which HTC attributed to the launch of its flagship HTC 10 smartphone and HTC Vive virtual reality headset. The Vive launched on time to consumers in early April and to businesses in June, and HTC has been working to build up a network of partners to promote the device. Sales of the premium devices helped lift its gross margin to 11.4 percent in Q2 from 9.2 percent in Q1, while its operating loss narrowed to TWD 4.2 billion from TWD 4.8 billion over the same period. Helped by a gain of TWD 1.0 billion on the sale of land in Taiwan, the net loss shrunk to TWD 3.1 billion from TWD 8.0 billion a year ago.

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Profits up for Milacron in Q2 2016

2016-08-01 23:57:11| Canadian Plastics Headlines

The companys sales increased 3.4%. The post Profits up for Milacron in Q2 2016 appeared first on Canadian Plastics.

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Republic Services Sees YOY Revenue Gain in Q2

2016-07-29 15:20:00| Waste Age

The Phoenix-based hauler saw strong metrics on core price and continued to progress on its fleet maintenance standardization and customer service initiatives. read more

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Alphabet underlying sales increase 25% in Q2

2016-07-29 07:47:00| Telecompaper Headlines

(Telecompaper) Alphabet, the holding company for Google and its other activities, reported sales of USD 21.5 billion for the second quarter, an increase of 21 percent from a year earlier. Excluding currency effects, sales rose 25 percent. In its home market the US, revenues rose 25 percent, and sales were 14 percent in the UK and 19 percent in the rest of the world. Google's search activities grew by 21 percent to USD 21.3 billion, and generated an operating profit of USD 6.99 billion. Revenue from Alphabet's 'Other bets' increased 150 percent to USD 185 million, while contributing an operating loss of USD 859 million. Google's total operating profit rose 24 percent year-on-year to USD 5.97 billion, and net profit increased 24 percent to USD 4.88 billion.

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