Results for: Sales

D.R. Horton, the largest homebuilder in the U.S., reported weaker-than-expected fourth-quarter earnings and sales results. Despite a slight increase in net sales orders, revenue and earnings fell short of analysts’ forecasts. The company cited rate volatility and uncertainty as factors impacting buyer confidence. While D.R. Horton shares gained on Wednesday, analysts adjusted their price targets following the earnings announcement. Here’s a breakdown of what they think about D.R. Horton’s future prospects.

Shares of Ola Electric took a nosedive on Tuesday, falling below their initial public offering (IPO) price for the first time. The decline is attributed to weak sales figures, poor service, and increasing competition in the electric two-wheeler market. Experts warn of further potential declines as institutional and retail investors sell off their holdings.

Skechers (SKX) shares are soaring in pre-market trading after the company reported strong third-quarter earnings, beating analyst expectations on both sales and earnings. The company also raised its full-year guidance, indicating continued momentum despite economic headwinds. The report highlights Skechers’ robust global expansion and successful marketing strategies.

Hasbro Inc. (HAS) reported a 15% year-over-year decline in third-quarter sales, primarily driven by the eOne film divestiture. Despite this, the company’s adjusted earnings per share beat analyst expectations, and Hasbro’s CEO highlighted ongoing turnaround efforts. The company also revised its revenue outlook for the Consumer Products Segment but maintained its adjusted EBITDA guidance.

Attention, an AI platform that transforms customer conversations into actionable insights, has secured $14 million in Series A funding led by Alven. The investment reflects the growing demand for Attention’s AI solutions, which have seen a 10x revenue increase this year. Attention automates the process of capturing and analyzing customer data, enabling sales teams to close more deals and focus on strategic activities.

Harley-Davidson, Inc. (HOG) announced its third-quarter 2024 financial results, revealing a decline in sales driven by macroeconomic challenges and a softening global market. Despite facing headwinds, the company remains optimistic about its future, highlighting the success of its new touring models and anticipating an improved economic landscape in 2025.

The Hospitality Sales and Marketing Association International (HSMAI) has recognized two outstanding hospitality professionals for their exceptional contributions to the industry. Dan Surette, Chief Sales Officer at Omni Hotels & Resorts, received the Career Achievement Award, while Dayna Zeitlin, Director of Sales and Marketing at Sofitel New York, was named Sales Professional of the Year. These awards, presented at the 2024 Sales Leader Forum in Washington, D.C., highlight the dedication, skill, and innovative leadership demonstrated by these individuals.

Apple’s ambitious Vision Pro mixed reality headset, priced at a hefty $3,499, has faced a disappointing reception from consumers, leading to lower-than-expected sales and a potential production slowdown. Despite Apple’s plans for a more affordable model in the future, the company is reportedly winding down production of the current Vision Pro, highlighting the challenges of bringing a high-end, cutting-edge technology to the mass market.

Starbucks shares tumbled after the company issued a dismal preview of its fourth-quarter results, revealing a projected 3% decline in revenue and a 7% drop in global comparable sales. While investors had anticipated a challenging quarter, the severity of the miss caught them off guard. Analysts are now closely scrutinizing the new CEO’s turnaround strategy, ‘Back to Starbucks,’ as the company prepares to unveil more details during its earnings call on October 30th.

Polaris Inc. (PII) stock plunged on Tuesday after the company reported weaker-than-expected third-quarter results. Sales and profits missed analyst estimates, driven by lower volume, unfavorable product mix, and increased promotional activity. Polaris has also revised its 2024 outlook, expecting sales to decline by about 20% and adjusted diluted EPS to drop by approximately 65%.