Sales
Super Micro slips on sales outlook that falls short of estimates
SUPER Micro Computer gave a sales forecast that fell short of analysts’ estimates while saying it could not predict when it would file official financial statements for its previous...
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
YUM Brands reported a surprise fall in worldwide same-store sales on Tuesday (Nov 5) as its KFC chain grapples with sluggish demand in the US, as well as choppy...
Burger King parent Restaurant Brands misses sales estimates on muted demand
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China...
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhonesApple’s major manufacturing partner Hon Hai Precision Industry reported its slowest monthly sales growth since February, stoking...
Shein’s European entity reports 68% sales growth in 2023
SALES by Shein’s Ireland-registered entity Infinite Styles Ecommerce grew 68 per cent in 2023, hitting 7.7 billion euros (S$11 billion), according to annual results published on Monday (Nov 4).Fast-fashion...
Volvo Cars October sales rise 3% year-on-year
VOLVO Cars’ sales rose 3 per cent year-on-year in October to 61,686 cars driven primarily by an increase in sales of fully electric and plug-in hybrid models in Europe,...
Chinese EV makers see EU sales slump as tariff row deepens
CHINESE electric vehicle (EV) makers lost ground in Europe for a third straight month, in the latest sign that the move towards higher import tariffs is hurting sales.Chinese brands...
Universal Music sales beat estimates on subscription growth
Universal Music Group, the world’s largest record label, reported revenue that beat estimates on the back of subscriber growth and price increases at some platforms. Revenue from recorded music rose...
