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Tag: profit cuts
Genesco cuts full-year profit outlook
2015-12-04 15:50:15| Footwear - Topix.net
The footwear and cap retailer said Friday that initiatives to reduce inventory at Lids through promotions and discounts hurt gross margins and led to lower profit guidance. Genesco now forecasts full-year adjusted earnings per share to be between $4.50 and $4.60, compared with its previous guidance of $4.70 to $4.80.
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Campbell Soup raises profit forecast as cost cuts boost margins
2015-11-24 16:38:15| Food - Topix.net
Campbell Soup Co reported a better-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday as cost-saving steps start to produce chunkier margins. Cans of Campbell's brand soups are seen at the Safeway store in Wheaton, Maryland February 13, 2015.
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Takata steeply cuts profit outlook
2015-11-06 11:23:07| BBC News | Business | UK Edition
Japanese firm Takata cuts its full-year profit outlook by 75% after big carmakers begin to drop its air bag inflators.
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Toyota profit rises on strong sales, cost cuts and weak yen
2015-11-05 08:56:09| Automakers - Topix.net
" Toyota Motor Corp. reported a 13.5 percent increase in quarterly profit due to strong sales, cost cuts and a favorable exchange rate. Toyota reported Thursday a July-September profit of 611.7 billion yen , up from 539 billion yen the previous year, and a tad short of the forecast by FactSet at nearly 615 billion yen .
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TeliaSonera cuts full-year profit outlook as Q3 sales inch up
2015-10-20 02:00:00| Total Telecom industry news
Swedish telco again defends its financial reporting in wake of Muddy Waters criticism.
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