TPK expects 30% sales drop in 1Q20
TPK Holding expects its revenues to fall 30% sequentially in the first quarter of 2020 resulting mainly from the impacts of seasonality and the coronavirus outbreak, according to company CEO Leo Hsieh......»»
TPK expects 30% sales drop in 1Q20
TPK Holding expects its revenues to fall 30% sequentially in the first quarter of 2020 resulting mainly from the impacts of seasonality and the coronavirus outbreak, according to company CEO Leo Hsieh......»»
Silicon Motion expects sales drop in 1Q20
NAND flash device controller specialist Silicon Motion Technology expects to post a revenue decrease of 10-15% sequentially in the first quarter of 2020, with gross margin ranging from 44% to 46%......»»
Kroger delivers fourth-quarter earnings beat, but expects 2021 sales to drop as the pandemic grocery boom tapers off
Kroger's digital sales more than doubled in 2020, but the chain forec.....»»
Container Store expects fiscal Q4 sales to drop 5%
The Container Store Group Inc. shares turned lower in the extended session Tuesday after the retailer reported some .....»»
Toyota sees 80% profit drop as virus wipes $14 billion off car sales
Toyota Motor Corp said on Tuesday it expects profit to drop by 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»
Toyota expects profit to drop 80% this year as coronavirus saps car sales
Toyota's outlook came as global rivals have refrained from issuing forecasts.....»»
Toyota expects profit to drop 80% this year as virus saps car sales
Toyota Motor Corp on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»
Toyota expects annual operating profit to drop 80% as virus saps car sales
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars......»»
Hugo Boss expects 50% sales drop next quarter as crisis impact worsens
Hugo Boss is seeing signs of a sales rebound in China and online, but expects the impact of the coronavirus crisis to worsen before any recovery kicks in after first quarter sales fell by 17%, which knocked its shares......»»
Donaldson Company expects 15% drop in sales due to pandemic
Air filtration manufacturer Donaldson Co. Inc. said Wednesday it expects third-quarter sales to drop between 14% and 16% due to uneven demand caused by the Covid-19 pandemic. Sales between February 1 and March 31 fell 8.7% from the prior year, w.....»»
Ford expects $600 million first-quarter loss due to coronavirus
Ford Motor Co said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus pandemic pummeled its operations, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019......»»
Ford expects coronavirus to cause $600 million quarterly loss
Ford Motor Co said on Monday it expects to post a pretax loss of about $600 million for the first quarter as the coronavirus outbreak pummeled its operations, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019......»»
NXP Semiconductors issues preliminary results, expects 3.5% drop in first-quarter sales
NXP Semiconductors NV delivered preliminary first-quarter results Tuesday that showed weaker revenue than the company had modeled in its last forecast issued in early Marc.....»»
Samsung expects on-year operating profit growth in 1Q20
Samsung Electronics has announced its earnings guidance for the first quarter of 2020, expecting consolidated sales to reach approximately KRW55 trillion (US$45 billion) and operating profit to come to KRW6.4 trillion......»»
Huawei reportedly expects steep drop in 2020 phone sales due to US ban
The US government's decision to blacklist Huawei didn't immediately spell calamity for the Chinese tech giant, but it might not be so confident in 2020. The Informationsources claim that Huawei is predi.....»»
Lite-On Tech expects 1Q20 revenues to drop 20-30%
EMS provider Lite-On Technology expects consolidated revenues for the first quarter of 2020 to decrease 20-30% on year due to impact s of the coronavirus outbreak, according to company CEO Warren Chen......»»
Dow Jones Newswires: Peugeot 2019 profit and sales rise, but sees slowing Europe market ahead
Looking to the year ahead, Peugeot said it expects a 3% decrease in the automotive market in Europe, with a 2% drop in Russia, and a stable automotive market in Latin America......»»
PTI expects sales growth in 1Q20
Backend house Powertech Technology (PTI) expects its revenues to be higher than year-ago levels in the first quarter of 2020, and is positive about its performance in all of the year......»»
GameStop cuts outlook after weak holiday sales, shares drop
The company now expects full-year earnings to be below its prior forecast.....»»
Asustek expects up to 5% PC sales decrease in 4Q19
Asustek Computer expects to post flat growth or an up to 5% sequential decrease in PC sales in the fourth quarter, while sales of its component products including motherboards and graphics cards will drop 5% on quarter......»»