Latest Sales figures News

Peloton headwinds stiffen as people break pandemic routines

May. 10, 2022 13:47 PM EDT

Peloton's uphill ride to get more sales is getting rougher as more people return to gyms and other pre-pandemic exercise routines and embrace cheaper options. The maker of high-end exercise bikes and treadmills, once highflying in the early days of the pandemic, on Tuesday reported...

Tupperware struggles in Q1, withdraws guidance, taps new CFO

May. 04, 2022 12:37 PM EDT

Tupperware's turnaround isn't exactly going as planned, with inflation, COVID-19 and Russia's invasion of Ukraine all weighing on the consumer products company. Sales dropped 16% in the first quarter, with Miguel Fernandez, President and CEO of Tupperware Brands, acknowledging that...

Starbucks reports record Q2 sales, enhances worker benefits

May. 03, 2022 19:36 PM EDT

Starbucks’ sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs. And those costs are set to grow even higher in the coming months as Starbucks introduces new pay raises and other benefits to improve its employee...

Surging sales at McDonald's offsets trouble in China, Russia

Apr. 28, 2022 11:31 AM EDT

Higher U.S. menu prices and easing COVID-19 restrictions in Europe helped McDonald’s offset troubled markets like China and Russia during the first quarter. Revenue rose 11% to $5.66 billion in the January-March period, topping Wall Street expectations of $5.57 billion, according...

Huawei's Q1 sales down 14% as U.S. sanctions remain

Apr. 28, 2022 04:57 AM EDT

SINGAPORE (AP) — Chinese telecoms equipment and smartphone maker Huawei's sales fell 14% in January-March from a year earlier as it pumped money into research and development while grappling with U.S. sanctions, according to figures released by the company Thursday. Huawei...

Tesla 1Q earnings 7 times more than year ago on strong sales

Apr. 20, 2022 19:44 PM EDT

DETROIT (AP) — Tesla reported Wednesday that its first-quarter net earnings were over seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China. The electric vehicle and solar panel company made a...

Biden increases oil royalty rate, scales back lease sales

Apr. 15, 2022 20:06 PM EDT

BILLINGS, Mont. (AP) — The Interior Department on Friday said it’s moving forward with the first onshore sales of public oil and natural gas drilling leases under President Joe Biden, but will sharply increase royalty rates for companies as federal officials weigh efforts to fight climate...

Retail sales rise 0.5% in March amid soaring inflation

Apr. 14, 2022 11:55 AM EDT

NEW YORK (AP) — Retail sales rose modestly in March, but higher prices for food, gasoline and other basics took a big share of consumers' wallets. Retail sales increased 0.5% after registering a revised 0.8% increase from January to February, reported the U.S. Commerce Department...

U.S. auto sales fall in Q1 as chip shortage slows factories

Apr. 01, 2022 18:49 PM EDT

DETROIT (AP) — New-vehicle sales in the U.S. fell about 12% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand. General Motors reported Friday that its sales were down 20% for the quarter, while...

Pandemic propels Walgreens in 2Q but impact expected to fade

Mar. 31, 2022 11:18 AM EDT

A surge in demand for COVID-19 tests and vaccines helped Walgreens deliver a better second quarter than Wall Street expected. But that boost from the ongoing pandemic isn't expected to last, and the drugstore chain stuck to a 2022 outlook issued earlier. Company leaders also told...