GameStop Holiday Period Comps. Up 1.5%; Reiterates Annual Earnings Guidance

GameStop Corp. (GME) reported, for the for the nine-week holiday period ended January 5, 2019, total global sales were $2.63 billion, a 5.0% decrease compared to the prior year nine-week holiday period ended December 30, 2017. Total comparable store sales increased 1.5%, including a 3.6% increase in the U.S. partially offset by a 3.1% decrease internationally. For the period, new […]

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Sainsbury Plc Q3 LFL Sales, Excl. Fuel, Down 1.1%; Retail Sales Down 0.4%

J Sainsbury plc (SBRY.L) issued a trading statement for the 15 weeks to 5 January 2019. For the third-quarter, total retail sales were down 0.4 percent (excl. fuel) with like-for-like sales (excl. fuel) down 1.1 percent (excl. fuel). Grocery sales grew 0.4 percent while General Merchandise sales declined by 2.3 percent. Like-for-like sales (inc. fuel) were up 0.3%, for the […]

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Wm Morrison Supermarkets 9-week Group LFL Sales Ex-fuel Up 3.6% – Quick Facts

Morrison(Wm.)Supermarkets plc (MRW.L) reported that, for the nine weeks to 6 January, Group like-for-like sales excluding fuel were up 3.6%, comprising contributions from retail of 0.6% and wholesale of 3.0%. Group like-for-like sales including fuel was up 3.4%. Total sales were up 4.0% excluding fuel (up 3.8% including fuel). Looking forward, the Group said its 2018/19 year-end expectations are unchanged. […]

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Volkswagen delivered 10.8 million cars in 2018, eyes world No.1 spot

BERLIN (Reuters) – Volkswagen Group (VOWG_p.DE) said on Friday its passenger car deliveries rose 0.9 percent last year to a record 10.83 million, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest carmaker. Rivals Toyota Motor (7203.T) and Renault-Nissan-Mitsubishi have not released 2018 registration figures, but the Franco-Japanese alliance sold 10.6 million cars in 2017 and […]

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Barnes & Noble 9-week Holiday Period Comps. Up 1.3%; To Reduce Earnings Outlook

Barnes & Noble, Inc. (BKS) reported comparable store sales increased 4.0% between Black Friday and New Year’s Day and 1.3% for the nine-week holiday period ending December 29, 2018. Also, the company said that due to the increased advertising expenditure and increased promotional activity, earnings guidance may be reduced by as much as 10%. “Although we got off to a […]

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U.S. drugmaker J&J's India sales dip 3 percent in 2017/18: filing

NEW DELHI (Reuters) – Johnson & Johnson’s (JNJ.N) sales in India dipped 3 percent in the year to March 2018, a regulatory filing showed on Thursday, as the U.S. drugmaker grappled with the country’s stringent medical device pricing policies. The company, currently mired in a controversy surrounding the safety of its baby talcum powder, reported overall sales of 58.28 billion […]

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H&M Group FY18 Sales Incl. VAT Up 5% – Quick Facts

Hennes & Mauritz AB (HNNMY.PK,HMRZF.PK,HEN.L) reported that the group’s sales including VAT increased by 5 percent to 244.27 billion Swedish kronor in the financial year of 2018. Sales excluding VAT increased to 210.41 billion kronor from 200.00 billion kronor. In local currencies, sales including VAT increased by 3 percent. In the fourth quarter of 2018, sales including VAT increased to […]

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U.S. Retail Sales Rise 0.2% In November, Slightly Less Than Expected

With a steep drop in sales by gas stations partly offsetting notable growth at other stores, the Commerce Department released a report on Friday showing a slightly smaller than expected increase in U.S. retail sales in the month of November. The Commerce Department said retail sales edged up by 0.2 percent in November after spiking by an upwardly revised 1.1 […]

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