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Tag: sales
With holiday sales hot, Michael Kors shares gets lofty
2016-02-03 10:33:16| Apparel - Topix.net
The luxury retailer post better-than-expected results during the fiscal third quarter, which included the critical holiday shopping season, and issued strong guidance for the year. Almost all retailers that sell winter goods like boots have been hit hard by winter weather that is anything but frightening.
Tags: sales
hot
michael
holiday
January Storm No Match For Strong Car Sales
2016-02-03 10:22:01| Auto Dealers - Topix.net
Despite some very strong headwinds, car and truck sales for January are coming in fairly even with 2015 levels-when they were expected to be down about three percent. "Mother Nature was no match for our Jeep brand last month as we recorded our best January Jeep sales ever," said Reid Bigland, Head of U.S. Sales.
Tags: january
sales
car
strong
LVMH shares jump on record sales
2016-02-03 10:07:45| BBC News | Business | UK Edition
LVMH shares rose more than 6% after posting record annual sales last year despite weakness in China, although profits were lower than expected.
Tags: sales
jump
record
shares
Travel Retail liquor sales rise in 2014, set for further growth - research
2016-02-03 09:33:00| Daily beverage news and comment - from just-drinks.com
The Travel Retail channel is set to offer continued growth for wines and spirits over the coming five years, according to a new report, albeit slightly slower than the preceding five-year period.
Tags: set
research
travel
sales
KPN sales fall 5.9% in Q4 on weak business market
2016-02-03 08:50:00| Telecompaper Headlines
(Telecompaper) KPN reported fourth-quarter revenues down 8.1 percent year-on-year to EUR 1.75 billion, and adjusted EBITDA fell 7.6 percent to EUR 582 million. Excluding a tax refund, organic revenues fell 5.9 percent. KPN reported continued growth in customers, but suffered from the weak enterprise market, declining traditional services and some changes in mobile pricing. The company said it's simplification programme delivered EUR 280 million in annual savings by the end of 2015, and it upgraded its target for total savings to EUR 450 million by the end of 2016. Net profit improved to EUR 254 million compared to a loss of EUR 16 million a year earlier, thanks to a profit on the sale of shares in Telefonica Deutschland. Part of the sale proceeds will also go to a special dividend of 13 cents per share, to be paid June 2016. KPN reduced investments by 14 percent in the quarter to EUR 355 million, helping free cash flow return to a positive 223 million versus a negative 179 million a year ago. For 2016, the Dutch operator forecast stable EBITDA, capital expenditure of EUR 1.2 billion, free cash flow of EUR 650 million and an increase in the dividend to EUR 0.10 per share from EUR 0.8.
Tags: business
sales
market
fall
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