Latest Sales figures News

FILE - This Nov. 25, 2019 photo shows IQOS heated cigarette heatsticks displayed in an IQOS store in Richmond, Va.  Marlboro cigarettes pushed tobacco company Altria’s revenue higher in the last quarter. But company results were weighed down by charges across its sprawling business, which also includes e-cigarettes, beer and wine. (AP Photo/Steve Helber, File)

Altria earns miss in 4Q despite strong cigarette sales

Jan. 28, 2021 10:25 AM EST

WASHINGTON (AP) — Marlboro sales fueled an uptick in revenue at Altria, though the tobacco giant was weighed down by charges across its sprawling business which includes beer, wine and e-cigarettes. Cigarette sales have held up better during the pandemic than other types of consumer products, and overall...

A caravan of fast food workers circle a McDonald's restaurant as they demonstrate for higher wages, Friday, Jan. 15, 2021, in Fort Lauderdale, Fla. Workers in 15 cities demonstrated to demand $15/hr from corporations like McDonald's and to challenge President-elect Joe Biden's administration to raise the Federal Minimum Wage to $15/hr in his First 100 Days. (AP Photo/Wilfredo Lee)

Strong US sales give McDonald's a boost in Q4

Jan. 28, 2021 8:30 AM EST

McDonald's ended 2020 on a strong note, recovering nearly all of the global sales lost in the pandemic despite a resurgent virus. But it was costly to get there, and the fast food giant fell short of Wall Street's earnings and sales expectations for the fourth quarter. Revenue fell 2% to $5.3 billion, below...

A Starbucks coffee truck continues to serve students and staff in an otherwise nearly deserted Red Square on the University of Washington campus Monday, Jan. 25, 2021, in Seattle. Starbucks’ recovery slowed at the end of last year as U.S. coronavirus cases mounted, but the coffee titan says it’s confident its U.S. business will fully recover by March. The Seattle-based company said Tuesday, Jan. 26, 2021 that its global sales at stores opened at least a year fell 5% in the October-December period. That was an improvement from the prior quarter, but it was still a bigger decline than the 4% drop Wall Street was expecting, according to analysts polled by FactSet. (AP Photo/Elaine Thompson)

Starbucks' recovery, solid in China, still slow in the US

Jan. 26, 2021 9:01 PM EST

Starbucks’ recovery slowed at the end of last year as U.S. coronavirus cases mounted, but the coffee titan says it’s confident its U.S. business will fully recover by March. “I am optimistic, because this year holds tremendous promise for healing," Starbucks CEO Kevin Johnson said in a...

FILE - This Oct. 21, 2019 file, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reported a strong finish to the year, overcoming the disruption of the global pandemic on some parts of its business like medical devices.  The New Brunswick, New Jersey-based company said it had profit of 65 cents per share. (AP Photo/Rick Bowmer, File)

J&J 4Q sales rise despite pandemic, but charges cut profits

Jan. 26, 2021 12:40 PM EST

A big jump in prescription drug sales boosted fourth-quarter revenue at Johnson & Johnson, despite the coronavirus pandemic cutting into sales of products from contact lenses to surgical equipment and other medical devices used in procedures at hospitals swamped with COVID-19 patients. Profits dove 57% due to...

A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla.  Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season.     The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time since the spring.(AP Photo/John Raoux)

U.S. retail sales fell in December for 3rd straight month

Jan. 15, 2021 12:29 PM EST

NEW YORK (AP) — Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The U.S. Commerce Department said Friday that retail sales fell a seasonally adjusted 0.7% in December from the month...

FILE - In this Tuesday, Feb. 25, 2020 file photo, a worker completes an electric car ID.3 body at the assembly line, during a press tour at the plant of the German manufacturer Volkswagen AG, VW, in Zwickau, Germany. Automaker Volkswagen tripled sales of battery-only cars last year as its new electric compact ID.3 came on the market ahead of tough new limits on auto emissions. (AP Photo/Jens Meyer, file)

Volkswagen sold 9.3 million cars in pandemic year, down 15%

Jan. 13, 2021 9:09 AM EST

FRANKFURT, Germany (AP) — German automaker Volkswagen said its global sales fell 15.2% during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles. Global sales for all of Volkswagen's brands amounted...

People wearing face masks to help curb the spread of the coronavirus look at a new Chinese-made  electric Li One SUV at a dealership in Beijing on Aug. 2, 2020. China's sales of SUVs, minivans and sedans fell 6% last year compared with 2019 after demand plunged due to the coronavirus and rebounded in the second half. (AP Photo/Andy Wong)

China's 2020 auto sales fall for third year amid coronavirus

Jan. 13, 2021 8:20 AM EST

BEIJING (AP) — China’s sales of SUVs, minivans and sedans fell for a third year in 2020 as the coronavirus hurt already weak demand in the industry’s top global market, an industry group reported Wednesday. Sales declined 6% compared with 2019 to 20.2 million, according to the China...

Tiffany posts holiday sales gain helped by China, online

Jan. 5, 2021 6:48 PM EST

NEW YORK (AP) — Tiffany & Co. on Tuesday reported a 2% gain in preliminary holiday sales, helped by strong sales in China and online. The New York-based jewelry company said its net sales for the Asia-Pacific region rose 20% for the Nov. 1 through Dec. 31 compared with the same time in 2019. That...

A long row of unsold 2021 QX50 sports-utility vehicles sits at an Infiniti dealership Sunday, Dec. 27, 2020, in Highlands Ranch, Colo.  U.S. auto sales are expected to be down only about 15% for the year, with the average price hitting a record high as sales bounced back during the second half of the year.  AP Photo/David Zalubowski)

Late sales rebound helps US automakers avoid 2020 disaster

Jan. 5, 2021 6:19 PM EST

DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year. Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous...

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago.  American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020,  that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

US factories grew in December at fastest pace since mid-2018

Jan. 5, 2021 11:37 AM EST

WASHINGTON (AP) — American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. The Institute for Supply Management reported Tuesday that its gauge of manufacturing activity rose to 60.7% last...