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Tag: profit cuts
SuperGroup cuts profit outlook on warmer weather
2014-10-31 10:14:00| Daily apparel & textile news and comment - from just-style.com
Superdry brand owner SuperGroup is offering a cautious outlook for the remainder of the year, cutting its profit guidance, as warmer autumn weather hit sales in the second quarter.
Tags: weather
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Retailer Next cuts profit forecast
2014-10-29 10:05:26| BBC News | Business | UK Edition
Retailer Next cuts its forecast for 2014 profits after a mild autumn reduces demand for winter clothing.
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retailer
Swedbank Cuts Jobs as Low Interest Rates Hurt Profit Outlook
2014-10-21 15:56:34| Appliances - Topix.net
Swedbank AB, Sweden's biggest mortgage lender and the largest bank in the Baltics, will cut as much as 5.5 percent of its staff to try to adjust to the low rate environment created by unprecedented central bank easing. The bank will cut 600 to 800 jobs in the coming two years, mainly through attrition, and aims to lower costs "towards 16 billion kronor" in 2016 from 16.6 billion kronor in 2013, the Stockholm-based lender said in a statement today.
KFC owner Yum cuts profit outlook
2014-10-08 02:42:07| BBC News | Business | UK Edition
Yum Brands, the US owner of fast food chains KFC and Pizza Hut, cuts its full-year profit forecast after a food scare hurt its sales in China.
Tags: owner
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Tesco cuts its profit forecast
2014-08-29 08:25:03| BBC News | Business | UK Edition
The struggling supermarket Tesco cuts its profit forecast and the new chief executive's start date has been brought forward to Monday.
Tags: profit
cuts
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tesco
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