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Hanesbrands cuts sales outlook after Q2 profit slide

2015-07-31 13:21:09| Daily apparel & textile news and comment - from just-style.com

US apparel manufacturer Hanesbrands has cut its full-year sales outlook after second-quarter net profit plummeted 39%, weighed down by one-off charges.

Tags: sales profit slide outlook

 

Yelp shares slide on lower forecast, analysts' downgrades

2015-07-30 01:27:54| Apparel - Topix.net

Yelp shares plunged the most since the company's initial public offering three years ago, losing one-quarter of its value, a day after the customer-review website cut its revenue forecast, said it will stop selling national brand advertising and announced Max Levchin's departure as chairman. Shares of the San Francisco-based company fell 25 percent to $25.06 at the close in New York, the biggest single-day decline ever.

Tags: lower shares slide forecast

 
 

Oil Slide Hits Caterpillar, United Rentals

2015-07-28 17:17:03| ENR.com: Headline News

Sales of construction equipment are performing better this year, but suppliers are taking a cautious approach to their full-year outlooks.

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Slide Show: How Aldi stacks up against Trader Joe's for your grocery dollars

2015-07-24 15:22:44| Grocery - Topix.net

Aldi is a low-cost supermarket chain started in Germany by two Albrecht brothers - one of whom later bought Trader Joe's. While Aldi has been in the U.S. for several decades, it's recently been on an expansion binge and announced plans in June to expand into southern California .

Tags: your show dollars grocery

 

IBM reports another sales slide

2015-07-21 01:10:29| BBC News | Business | UK Edition

IBM, the world's largest technology services company, has reported a drop in sales for the 13th consecutive quarter.

Tags: sales reports ibm slide

 

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