Sales

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, 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 Laboratories increased its 2026 profit guidance due to a stronger-than-expected second quarter driven by improved performance across most business lines.

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 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% 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 is offering discounted dorms to boost sales. The company aims to increase its sales through this pricing strategy.

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 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 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.

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.

The housing market remains fragile with declining buyer demand, sales, and prices due to fears of interest rate hikes.

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 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.

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 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.

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 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.