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Li Ning warns of full-year profit loss

2015-01-09 15:22:00| Daily apparel & textile news and comment - from just-style.com

Chinese sporting goods business Li Ning has issued a profit warning for its full-year, blaming investment costs, reduced sales and provision for debts.

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Samsung Electronics tips first annual profit fall in three years

2015-01-09 08:58:22| Electronics - Topix.net

Global smartphone leader Samsung Electronics Co Ltd on Thursday confirmed expectations for its first annual profit decline since 2011, although a pickup in the fourth quarter hinted that earnings may have stabilized in the short term. The South Korean tech giant lost market share for three consecutive quarters up to July-September, and analysts say the trend likely continued in the October-December period thanks to competition from Apple Inc's new iPhones and cheaper Chinese rivals like Xiaomi Inc [XTC.UL].

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Helen of Troy profit rises on strong sales

2015-01-09 00:44:11| Appliances - Topix.net

Helen of Troy Corp.'s third-quarter profit jumped nearly 48%, driven by stronger-than-expected sales, though the maker of Hot Tools hair stylers and Brut aftershave reported a drop in sales in its personal-care segment. For the year that ends Feb. 28, the company now expects to make $5.33 to $5.47 a share on sales of $1.39 billion to $1.42 billion, including results from its Healthy Directions acquisition, up from its previous projection of $4.87 to $5.01 a share on $1.38 billion to $1.41 billion in sales.

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Ford increases dividend 20% even after year of declining profit

2015-01-08 18:11:20| Automakers - Topix.net

Ford Motor Co. raised its quarterly dividend 20 percent, the third boost in as many years, even as the automaker has said profit would decline for 2014.

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Family Dollar profit falls on "challenging" Q1

2015-01-08 15:26:00| Daily apparel & textile news and comment - from just-style.com

Family Dollar Stores said it experienced a very challenging first-quarter as it continued its turnaround, with a fall in earnings and a narrowing of gross margin.

Tags: family falls profit dollar

 

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