Annual
Nissan cuts annual operating profit estimate by 14.5% on lower sales
NISSAN Motor slashed its annual operating profit estimate by 14.5 per cent on Friday (Apr 19) citing lower-than-expected vehicle sales and other factors.Japan’s third-largest automaker by volume now estimates...
Chinese EV maker BYD targets 20% jump in annual sales: sources
CHINESE electric vehicle maker BYD has set a 3.6-million-unit sales target for 2024, a jump of 20 per cent from its record-breaking sales last year, according to three people...
Ford reaffirms annual core profit outlook
FORD Motor reaffirmed its annual core profit outlook on Tuesday (Mar 26).The Detroit automaker expects an annual core profit of between US$10 billion and US$12 billion.Legacy US automakers, which...
Cathay Pacific reports first annual profit since 2019
HONG Kong carrier Cathay Pacific on Wednesday (Mar 13) reported its first annual net profit in four years, citing “significant pent-up demand for travel” following the pandemic. Chair Patrick...
Lloyd’s of London insurer Hiscox posts record annual profit, launches new buyback
LLOYD’S of London insurer Hiscox on Tuesday (Mar 5) posted a record annual profit and launched a share buyback as higher interest rates and strength in its commercial business...
Aston Martin annual losses narrow as prices hit record levels
ASTON Martin’s annual losses more than halved in 2023, coming in smaller than market expectations, after selling prices reached record levels as the British luxury carmaker delivered its Valkyrie...
US retailer Macy’s forecasts annual sales below estimates, to shutter 150 stores
MACY’S forecast annual sales largely below market expectations on Tuesday (Feb 27) on weak demand for its apparel and shoes, and said it would close 150 stores through 2026...
College Side Hustle Turned Lovesac Saw $650M+ Annual Sales | Entrepreneur
This Side Hustle Spotlight Q&A features Shawn Nelson, founder and CEO of furniture manufacturer Lovesac. The company saw annual revenue over $650 million in the fiscal year ending January...
