Sales
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson, fresh off a $14.6 billion deal to buy neurological drugmaker Intra-Cellular, reported fourth-quarter sales and profit above Wall Street estimates on Wednesday, driven by strong sales of its cancer treatments. The New Jersey-based drugmaker also said it expects 2025 sales…
Investing.com — J.D. Wetherspoon (LON:) has reported higher sales in the first half of its financial year, though the company has flagged challenges posed by rising labor costs. The pub chain, known for its value-focused approach, saw like-for-like sales increase by 5.1% across the first 25 weeks of its 2025…
Tesla sold 38,965 Cybertrucks in 2024, according to Cox Automotive estimates.The Cybertruck’s high price and slowing demand contributed to underwhelming sales figures.Despite challenges, the Cybertruck was the top-selling electric pickup, surpassing the Ford F-150 Lightning.I once had a reservation to buy a Tesla Cybertruck. I canceled it last year and…
By Liam Mo and Brenda Goh BEIJING (Reuters) – (This Jan. 16 story has been corrected to show that it is Apple (NASDAQ:)’s worst performance in China for smartphone sales since 2016, not Apple’s worst smartphone sales performance in China since 2016, in paragraphs 2, 5) Apple was dethroned as…
By Siddharth Cavale NEW YORK (Reuters) – Target (NYSE:) raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December. Black Friday and Cyber Monday were record sales days, the Minneapolis-based chain said, prompting it to raise its…
By Clare Jim HONG KONG (Reuters) – Country Garden (HK:), once China’s top developer and now facing a liquidation lawsuit, is expected to report steep losses when it publishes long-overdue results on Tuesday, analysts say, as a prolonged property sector crisis weighed on sales. Country Garden delayed the publication of…
Investing.com — Madrigal Pharmaceuticals, Inc. (NASDAQ: NASDAQ:) stock fell 11% following the company’s preliminary fourth-quarter and full-year 2024 financial performance announcement. Despite reporting net sales for the fourth quarter between $100 million to $103 million and $177 million to $180 million for the full year, shares declined as the market…
SHANGHAI (Reuters) – Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for mines to reopen may cap gains, analysts and traders said. A nearly 86% plunge in…
Influencers have filed a lawsuit against Capital One.They allege its Shopping extension hurt their earnings by unfairly claiming credit for sales.Capital One said it disagreed with the premise of the lawsuit.First, the influencers came for PayPal’s Honey. Now, Capital One is in the crosshairs.Capital One is the subject of a…
Investing.com — Marks & Spencer (LON:) has reported strong results during the Christmas trading period, signaling continued momentum in its revival efforts. The retailer posted an 8.7% increase in food sales, with like-for-like sales rising by 8.9%. Sustained UK volume growth of 6.6% from the first half of the financial…
