Acacia Mining May Plunge on 1st Quarter Sales

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

British fashion retailer Superdry said on Thursday its revenue plunged 37% in its latest quarter, reflecting the closure of its stores across the world due to the novel coronavirus......»»

British clothing retailer Next said on Wednesday total product sales in its latest quarter crashed 41%, reflecting the closure of all its stores in the coronavirus lockdown and the temporary shutdown of its online operations......»»

Starbucks Corp said on Tuesday it expects comparable sales in China to decline between 25% and 35% in the current third quarter, hurt by the coronavirus pandemic that has forced it to close stores and limit operations......»»

Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and said it had not yet seen a full rebound in China. Ciara Lee reports......»»

Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and said it had not yet seen a full rebound in China......»»

Adidas reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, as lockdowns forced the German sportswear maker and other retailers to close stores......»»

German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that the cash flow it uses to pay dividends would fall this year......»»

German's Daimler AG said on Thursday it expected to report a near 70% plunge in a key first-quarter earnings figure, as demand for its Mercedes-Benz cars plunges amid the coronavirus pandemic......»»

French consumer giants LVMH and L’Oreal SA said a recovery could start soon after the coronavirus caused sales to plunge in the first quarter, as revenue in China is already bouncing back......»»

Economic worries returned to the forefront on Wall Street Wednesday, sending stocks lower after a record drop in March retail sales and worrisome first-quarter results from the banking sector. Conway G. Gittens has the roundup......»»

BMW is expecting a further decline in global demand as the coronavirus outbreak takes its toll, a spokesman said on Monday, after the German carmaker reported a 20.6% drop in first quarter sales to 477,111 vehicles......»»

BMW said on Monday that group sales dropped by 20.6% to 477,111 vehicles in the first quarter as the outbreak of coronavirus took its toll and many retail outlets temporarily closed......»»

Sales dropped by 20.6% in the first quarter.....»»

H&M , the world's second-biggest clothing retailer, said on Friday it expected a loss in the second quarter after reporting a 46% plunge in March sales as the coronavirus pandemic took a toll on the retail sector......»»

Ford Motor joined Fiat Chrysler and other major automakers in reporting double-digit declines in first-quarter U.S. vehicle sales as consumers shelter in place and dealerships closed amid the coronavirus outbreak......»»

Motherboard and graphics card sales in China are expected to plunge 50% or more in the first quarter of 2020, according to sources at local channel distributors, who also expressed pessimism about the sales outlook for the second quarter......»»

China's smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports......»»

Shares of Caterpillar Inc. dropped 1.8% in premarket trading Friday, after the construction and mining equipment maker reported a fourth-quarter profit that rose well above expectations, but sales that fell shor.....»»