Sales
Coverage of Sales in the Nexus archive.
- Walmart shares slide as U.S. sales hit by falling drug prices
Walmart shares slid because U.S. sales were impacted by falling drug prices. The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, which was the lowest rate in over six years.
- Home Prices, Sales Decline in LA, Orange Counties
Home prices declined in Los Angeles and Orange counties last month, and sales also saw a pullback from June levels. Specifically, the median price for an existing single-family home in Los Angeles County fell by 2.4% to $888,120 in July. Sales in LA County dropped 8.7% from June, while Orange County's median home price also declined.
- Burnham urged to cut costs for small firms as sales slow and hiring hits a six-month low
Burnham is being urged to cut costs for small firms amid slowing sales and a six-month low in hiring. The article highlights economic challenges for small businesses, including reduced sales and hiring activity.
- Cemex Lifts Its 2026 Outlook as EBITDA Jumps 24%
Cemex, the Mexican building-materials giant, reported a 12% sales increase to $4.1 billion in Q2, driven by growth across all four regions. Operating cash flow (EBITDA) surged 24% to a record $1.02 billion, while net income rose 9% to $347 million. The company upgraded its 2026 outlook following these strong results.
- Abbott Boosts 2026 Profit Guidance as Sales Across Business Rise
Abbott Laboratories increased its 2026 profit guidance due to a stronger-than-expected second quarter driven by improved performance across most business lines.
- Eztec Posts Record First-Half as Launches Jump 54%
Eztec achieved record first-half home launches, increasing by 53.5% to R$1.7 billion, with net sales rising 47.3% to R$1.27 billion. In the second quarter alone, the company launched three projects worth R$773 million.
- US home prices hit an all-time high as sales slow and mortgage rates rise
US home prices reached an all-time high as sales declined and mortgage rates increased. The report indicates a slowing market despite rising prices.
- Polestar's second-quarter sales fell 4% as a U.S. market ban closes in
Polestar's second-quarter sales fell 4% to 17,296 cars, down from 18,026 a year earlier, as the Swedish EV maker prepares to exit the U.S. market.
- Unite Group Offers Discounted Dorms in Bid to Ramp Up Sales
Unite Group is offering discounted dorms to boost sales. The company aims to increase its sales through this pricing strategy.
- Bath & Body works is on a quest for another billion-dollar scent
Bath & Body Works is seeking to develop a new billion-dollar scent through its close-knit network of suppliers. The company aims to leverage this collaboration to boost sales.
- Microsoft is planning to slash thousands of jobs in sales, consulting, and Xbox
Microsoft is planning to cut thousands of jobs in sales, consulting, and Xbox. The job cuts are expected to affect less than 2.5% of Microsoft's workforce and could be announced as early as next week.
- H&M's turnaround hit a speed bump as one-off costs dragged down earnings and sales fell short
H&M's operating profit remained flat at 5.91 billion kronor year-on-year due to one-off restructuring charges of 679 million kronor, leading to a sales shortfall.
- Now we know how much Oracle shrank its staff in the past year — and how much it cost
Oracle reduced its global workforce by 21,000 employees over the past year, with restructuring costs rising 391% to $1.8 billion. Layoffs affected departments like Health, Sales, Cloud, and NetSuite as the company invests in AI infrastructure and data centers.
- Housing market still 'fragile' as buyer demand, sales and prices slide amid rate hike fears
The housing market remains fragile with declining buyer demand, sales, and prices due to fears of interest rate hikes.
- 'I gave up a successful career in sales to care for my wife with Alzheimer's. Suddenly we were scraping by': Husband reveals 'horrific' money woes after dementia ravaged the couple's finances
A husband left his successful sales career to care for his wife with Alzheimer's, leading to severe financial struggles. The couple faced 'horrific' money woes as dementia impacted their finances.
- Dollar Tree’s sales top forecasts as fewer people are shopping — but they’re spending more
Dollar Tree's sales exceeded forecasts despite fewer shoppers, with higher spending per customer. The company's stock rose after reporting better-than-expected earnings and raising its full-year profit outlook.
- Foot Locker returns to growth but weighs on Dick's Sporting Goods as earnings miss
Dick's Sporting Goods has seen a surge in sales following its acquisition of Foot Locker, but the brand's profitability has declined due to the high costs associated with turning Foot Locker around. The earnings miss highlights the financial challenges of integrating and reviving the acquired brand.
- UPS Outlook Unchanged as Sales, Profit Top Expectations
UPS reported sales and profit that exceeded expectations, though its outlook remains unchanged. The company's performance highlights strong financial results despite no shift in future projections.
- Mulberry boss eyes London sales boost if Iran war pushes more families to leave Dubai
The CEO of Mulberry anticipates increased London sales if a war in Iran prompts families to relocate from Dubai. The potential conflict is seen as a catalyst for shifting consumer behavior and market opportunities in the luxury fashion sector.
- Big food’s troubles go from bad to worse
Big food companies are experiencing declining sales due to high prices and increasing consumer demand for healthier diets. The situation is worsening as these factors continue to impact the industry.