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Mercedes Q1 Sales Rise By 22% After Demand Surges From China, North America

Mercedes Q1 Sales Rise By 22% After Demand Surges From China, North America Mercedes looks like it is joining the cabal of automakers who have smashed expectations for Q1, as the auto industry po.....»»

Category: blogSource: zerohedgeApr 8th, 2021

Nike"s revenue beats as North America, Europe offset China sales drop

Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the coronavirus-fueled shutdowns......»»

Category: topSource: reutersMar 24th, 2020

Wall Street analysts bullish over Nike"s digital growth, look past margin weakness

Wall Street analysts were upbeat about Nike Inc's long-term growth, encouraged by the sportswear maker's robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market......»»

Category: topSource: reutersDec 20th, 2019

Tapestry profit tops estimates on overseas demand for Coach handbags

Tapestry Inc beat quarterly profit estimates on Tuesday, as demand for its high-margin Coach handbags and apparel in China and Europe helped it overcome stagnating sales in North America, sending its shares up 4.7% in premarket trading......»»

Category: topSource: reutersNov 5th, 2019

Caterpillar Bulldozes Ahead as Tariff Delay, Rising Sales Give Shares a Boost

An increase in Caterpillar's global sales is powered by a 9% jump in heavy equipment sales in North America and a 20% rise in Latin America, which offset a decline in China and in the Asia/Pacific region as a whole......»»

Category: topSource: moneycentralAug 13th, 2019

PepsiCo second-quarter revenue rises 2.4 percent

PepsiCo Inc reported a 2.4 percent rise in quarterly revenue on Tuesday due to higher sales growth in its Frito-Lay unit in North America that helped offset weak demand for beverages......»»

Category: topSource: reutersJul 10th, 2018

China slump, commodity costs cause Ford profit drop

Ford Motor Co on Wednesday posted a lower quarterly profit as high commodity costs and a China sales slump partially offset strong demand for pickup trucks and SUVs in North America, but results came in just above analyst estimates......»»

Category: topSource: moneycentralOct 24th, 2018

Toyota"s third-quarter operating profit edges up as Asia sales rise

Toyota Motor Corp's quarterly operating profit edged up as continued increase in sales in Asia, including China, offset lower sales in North America, its biggest market......»»

Category: topSource: reutersFeb 6th, 2019

Wistron ITS expects growing revenues in 2021

Wistron ITS, a software developing affiliate of the Wistron Group, has seen demand for its services expand from China to North America as the coronavirus pandemic has gradually been put under control, according to company chairman and CEO Ching Hsiao......»»

Category: topSource: digitimesMar 12th, 2021

Demand for Luckin app surges as Chinese rush to drink up after admission of fraud

Luckin Coffee's app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long offered for downloading, worried the chain might collapse after it said much of its sales last year were fabricated......»»

Category: topSource: reutersApr 7th, 2020

Mattel adjusted profit rises on cost cuts, North America Barbie sales dip

Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»

Category: topSource: reutersFeb 13th, 2020

Tempur Sealy"s stock surges toward another record after profit and sales beats

Shares of Tempur Sealy International Inc. surged 3.8% toward a record high in premarket trading Thursday, after the mattress seller beat fourth-quarter profit and sales expectations, boosted by strength in North America, and increa.....»»

Category: topSource: marketwatchFeb 13th, 2020

Under Armour is facing a perfect storm of issues between accounting investigations, coronavirus weighing on sales, and weak demand in North America

Shoshy Ciment/Business Insider Und.....»»

Category: topSource: businessinsiderFeb 11th, 2020

Under Armour forecasts surprise sales drop, coronavirus hit; shares fall

Under Armour Inc on Tuesday forecast a surprise drop in 2020 revenue, largely due to weakness in North America, and said the coronavirus outbreak in China would hurt sales in one of its fast-growing markets, sending shares tumbling 13%......»»

Category: topSource: reutersFeb 11th, 2020

Ralph Lauren surges after North America sales surpass estimates

Ralph Lauren Corp. jumped the most in three months after posting sales that topped estimates globally and in North America, even as the apparel seller navigates a tumultuous environment for luxury... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 7th, 2020

Ralph Lauren surges after N. America sales top estimates

Ralph Lauren Corp. jumped the most in three months after posting sales that topped estimates globally and in North America, even as the apparel seller navigates a tumultuous environment for luxury goods in Asia......»»

Category: topSource: moneycentralFeb 4th, 2020

Coca Cola reports fourth quarter revenue beat, targets 5% 2020 growth

Coca-Cola Co on Thursday reported better-than-expected quarterly sales driven by demand for its sparkling soft drinks, teas and coffees in North America and emerging markets......»»

Category: topSource: reutersJan 30th, 2020

Apple iPhone back to growth after a year"s slump; China virus adds uncertainty

Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones......»»

Category: topSource: reutersJan 28th, 2020

Nike quarterly results beat, but North America disappoints

Nike Inc's quarterly revenue and profit blew past Wall Street expectations on Thursday on strong sales in China, but lower-than-expected growth in North America, its biggest market, overshadowed the beat......»»

Category: topSource: reutersDec 19th, 2019

Gap"s Old Navy brand to exit China in early 2020

Gap Inc said on Thursday it would not sell its Old Navy apparels in China from early 2020 and instead would focus on its North America market to boost sales......»»

Category: topSource: reutersNov 21st, 2019

Opto Tech expects 30% growth in 2019 fine-pitch LED display shipments

LED chip maker Opto Tech expects shipments for fine-pitch LED displays in 2019 to increase 30% on year due to strong demand from the North America and Europe markets mainly arising from US-China trade disputes, according to the company......»»

Category: topSource: digitimesNov 18th, 2019