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Kering Q1 sales performance driven by organic growth

2016-04-22 11:31:00| Daily apparel & textile news and comment - from just-style.com

French luxury goods group Kering said it had a "solid" first-quarter thanks to its focus on driving organic growth and higher sales in both its luxury and sports categories. 

Tags: sales performance growth driven

 

Microsoft Q3 pulled down by higher tax, weak software sales

2016-04-22 10:05:00| Telecompaper Headlines

(Telecompaper) Microsoft said revenues for its third quarter to end March fell to USD 20.53 billion from 21.72 billion, with the operating profit going down to to USD 5.28 billion from 6.59 billion, its net profit sliding to USD 3.75 billion from 4.98 billion and earnings per share falling to USD 0.47 from 0.61. CEO Satya Nadella said the company is seeing momentum across its cloud services and with Windows 10. Results were hurt however by higher tax expenses due to the changing mix of revenue across geographies, as well as between cloud services and software licensing. CFO Amy Hood said results are being hurt by weakness in one-time purchases of software, Bloomberg reported.

Tags: software sales higher tax

 
 

Organic Sales Up Slightly at K-C

2016-04-22 10:00:00| Nonwovens Industry Breaking News

Personal care sales down 4%.

Tags: sales slightly organic kc

 

Google grows quarterly sales 17% to over USD 20 bln

2016-04-22 08:28:00| Telecompaper Headlines

(Telecompaper) Alphabet, the parent company of Google, reported first-quarter sales up 17 percent year-on-year to USD 20.257 billion. Excluding currency effects, revenues rose 23 percent. The company's operating margin was stable at 26 percent, and net profit rose to USD 4.207 billion or USD 6.02 per share from USD 3.515 billion or USD 5.10 a year ago. Google alone, excluding the company's 'other bets', also posted revenues up 17 percent, at USD 20.091 billion, and its operating profit rose to USD 6.272 billion from USD 5.188 billion. The 'other bets' contributed an operating loss of USD 802 million on revenue of USD 166 million. Alphabet collected USD 7.658 billion in operating cash flow in the quarter and spent USD 2.428 billion on capital equipment, leaving it with total cash of USD 75.264 billion at the end of March. 

Tags: sales google usd quarterly

 

Microsoft Windows hurt by PC sales slump

2016-04-22 01:16:39| BBC News | Business | UK Edition

Microsoft's quarterly profit has missed analysts' estimates as a continued slump in personal computer sales hurts the company's core Windows business.

Tags: sales windows microsoft microsoft windows

 

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