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August 18, 2022

SALES

Cisco tops estimates on revenue and profit and gives optimistic annual sales forecast

CNBC
CNBC – For more and to sign up click here Cisco issued fiscal fourth-quarter results on Wednesday that topped analysts’ projections and provided a better-than-expected forecast for the coming year. The stock rose 2.5% in extended trading. Here’s how the company did: Earnings: 83 cents per share, adjusted, vs. 82......

Retail sales little changed in July amid fall in gas prices and drop in auto sales

CNBC
CNBC – For more and to sign up click here Retail activity was flat in July as falling fuel prices held back gas station sales and consumers turned more heavily to online shopping, the Census Bureau reported Wednesday. While advance retail sales were unchanged, total receipts excluding autos rose 0.4%.......

We’re making two sales due to an overbought market, meme stock froth

CNBC
CNBC – For more and to sign up click here We’re making a couple of small trims Wednesday morning for two reasons. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Lowe’s reports mixed second-quarter results, citing shortened spring that hurt sales

CNBC
CNBC – For more and to sign up click here A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday reported second-quarter earnings that beat analysts’ expectations as......

Home Depot’s sales lifted by higher prices, demand from builders

Reuters
Aug 16 (Reuters) – Home Depot Inc (HD.N) on Tuesday surpassed estimates for quarterly sales after demand from builders and higher prices helped the biggest U.S. home-improvement chain cushion the hit from dwindling store visits. Customers who bought homes during last year’s housing boom are still driving demand for home-improvement......

Ultra-rich fueling sales of luxury brands despite inflation and recession fears

CNBC
CNBC – For more and to sign up click here Prices for food, gas and travel have soared over the past year –  but the rich appear to be shrugging it off and are still fueling sales at luxury companies, where sneakers can go for $1,200 and sports cars easily......

Best Buy cuts hundreds of store jobs as sales soften, according to report

CNBC
CNBC – For more and to sign up click here Black Friday shoppers leave a Best Buy store in Washington, DC, on November 26, 20221. Nicholas Kamm | AFP | Getty Images Best Buy is eliminating hundreds of jobs at stores across the country about two weeks after the company......

Labor Day Sales & Deals 2022: Shop Now & Score Up to 75% Off Pottery Barn, Coach, Lululemon & More – E! Online

eonline
We independently selected these products because we love them, and we think you might like them at these prices. If you buy something through our links, E! makes a commission on your purchase…. E! Online – For more and to sign up click here To Return to the Main Aggregate......

Cargill sales surge 23% in fiscal 2022

FoodBusinessNews
MINNEAPOLIS — Putting its “deep expertise, unique position connecting the global supply chain, and extensive innovative partnerships to work” helped Cargill lift global revenues 23% in fiscal 2022 ended May 31 to $165 billion, said David MacLennan, chief executive officer, and Brian Sikes, chief operating officer. The comments from Mr.......

Warby Parker slashes sales outlook for the year as loss widens

CNBC
CNBC – For more and to sign up click here A general view of the atmosphere at Warby Parker’s store in The Standard, Hollywood Michael Buckner | Warby Parker | Getty Images Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year,......

How the EV tax credits in Democrats’ climate bill could hurt electric vehicle sales

CNBC
CNBC – For more and to sign up click here Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV owners. George Frey |......

TreeHouse snacking and beverages drive second-quarter sales

FoodBusinessNews
OAK BROOK, ILL. — During an Aug. 8 conference call with securities analysts to discuss second-quarter results, private label food and beverage maker TreeHouse Foods, Inc. reasserted its intention to divest a “significant portion” of its meal preparation segment in favor of its snacking and beverage unit. “We continue to......

Avanti West Coast suspends sales and cuts timetables

BBC
https://www.bbc.co.uk/news/uk-england-62469126?at_medium=RSS&at_campaign=KARANGA In a letter to the rail industry, Avanti West Coast managing director Phil Whittingham, wrote the “current industrial relations climate” had resulted in “severe staff shortages in some grades through increased sickness levels, as well as unofficial strike action by Aslef members”. BBC – For more and to sign......

Bed Bath & Beyond is discontinuing a private brand as it tries to reverse declining sales

CNBC
CNBC – For more and to sign up click here A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond is axing one of its private labels, Wild Sage,......

Premium instant noodles drive jump in Nissin sales

FoodBusinessNews
GARDENIA, CALIF. — Nissin Foods, USA, a manufacturer of instant noodles, enjoyed notable gains in 2021, following a year of unprecedented growth the prior year, with sales up 22% from 2020. The company cited innovation in premium products within its Cup Noodles and Top Ramen brands as the principal driver......

Restaurant Brands International earnings top estimates, fueled by stronger Tim Hortons, Burger King sales

CNBC
CNBC – For more and to sign up click here A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled......

Back to School Sales That’ll Save You the Most Money: School Supplies, Fashion & More Starting at $0.25 – E! Online

eonline
We independently selected these products because we love them, and we think you might like them at these prices. If you buy something through our links, E! makes a commission on your purchase…. E! Online – For more and to sign up click here To Return to the Main Aggregate......

Ford reports big jump in July sales, including for trucks and electric vehicles

CNBC
CNBC – For more and to sign up click here DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, following a fire at a supplier’s plant in Japan that hurt its year-ago sales. The Detroit automaker said Wednesday its new vehicle sales......

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