Latest Sales figures News

Asian stocks mixed as Wall Street ends 5-day winning streak

Jul. 16, 2019 11:22 PM EDT

TOKYO (AP) — Asian stocks were mixed Wednesday as Wall Street ended a five-day winning streak after the first big round of corporate earnings reports. Japan's benchmark Nikkei 225 dipped 0.4% to 21,445.03 in morning trading. Australia's S&P/ASX 200 added 0.4% to 6,667.60. South Korea's Kospi dipped...

Domino's 2Q sales fall short as rival delivery services bite

Jul. 16, 2019 2:52 PM EDT

ANN ARBOR, Mich. (AP) — Domino's Pizza said aggressive discounting by third-party delivery services like DoorDash is hurting its U.S. sales — and shows no sign of letting up. U.S. sales at stores open at least a year rose 3% in the second quarter. That was below analysts' forecast of 4.5%, according...

Retail rivals crash Amazon's Prime Day party

Jul. 16, 2019 1:05 PM EDT

NEW YORK (AP) — The gravitational pull of Amazon Prime Day is so strong on shoppers it's benefiting other retailers as well, according to an early analysis from a key data group. On Monday, the first day of its 48-hour sales event, large retailers, those that generated annual revenue of at least a billion...

China's June auto sales fall, extending year-old decline

Jul. 10, 2019 12:59 PM EDT

BEIJING (AP) — China's auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending an unexpectedly painful downturn for automakers that are spending heavily to develop electric cars. Drivers in the global industry's biggest market bought 1.7 million SUVs, sedans...

Markets Right Now: Stocks fall on fresh concerns about trade

Jun. 14, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are finishing lower Friday amid more concerns about the business impact of the U.S.-China trade dispute. Technology shares dropped after chipmaker Broadcom reduced its 2019 revenue forecast by $2 billion,...

US retail sales rose 0.5% in May, led by online shopping

Jun. 14, 2019 9:21 AM EDT

WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been overdone. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...

Asian stocks mixed after Trump threatens Mexico tariffs

Jun. 5, 2019 11:49 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan's Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index lost 0.5% to 2,848.34. The benchmark in...

Sales chief alleges Fiat Chrysler violated whistleblower law

Jun. 5, 2019 10:40 PM EDT

DETROIT (AP) — Fiat Chrysler's U.S. sales chief is suing the company, alleging that it withheld 90% of his pay package because he testified in a government inquiry of sales reporting practices. Reid Bigland, who has been with the company for 22 years, alleges that Fiat Chrysler Automobiles violated...

Trade war comes to Louisville, Jack Daniels takes tariff hit

Jun. 5, 2019 12:52 PM EDT

LOUISVILLE, Ky. (AP) — Led by strong sales for its whiskey and tequila brands, Brown-Forman Corp. reported higher fourth-quarter net income Wednesday despite taking a hit from the Trump administration's tariff fight. The Louisville, Kentucky-based company — best known for its Jack Daniel's Tennessee...

UK car sales fall again amid ongoing 'political instability'

Jun. 5, 2019 5:28 AM EDT

LONDON (AP) — Britain's new car market slid back further in May as Brexit instability continued to weigh on business and consumer confidence, the country's main automotive lobby group said Wednesday. The Society of Motor Manufacturers and Traders said car sales fell by 4.6% during the month to 183,724...