NRF said it is projecting that retail industry sales in 2017 (excluding the auto, gas, and restaurant industries) will grow in the ballpark of 3.7 to 4.2 percent over 2016 totals.
Barely two months ago, I threw the idea out there that action cam maker GoPro has possibly peaked as a company. That notion was based on the fact that the company has seen its stock price nosedive in the last year and a half. Since reaching nearly $87 per share in July 2015, GoPro rested…
Amazon reported fiscal 4Q16 net sales of $43.7 billion, up 22.4% year over year but missing the $44.7 billion consensus estimate. The revenue miss was largely driven by the stronger USD and weaker than expected holiday sales. Sales would have increased by 24% if a $558 million impact from unfavorable foreign exchange rate changes had…
Apple shared the financial results of its Q1 2017 earnings report, which ended December 31, 2016.
LG Electronics Inc. (LG) today announced a 2016 operating profit of KRW 1.34 trillion (USD 1.16 billion), 12.2 percent increase from 2015.
Latest NRF report shows retail sales grew a solid 5 percent year over year and 0.1 percent from an already-strong October.
Best Buy reported better-than-expected Q3 results on Thursday, which resulted in its stock price surging to its highest level in over six years.
On Wednesday, Messe Berlin hosted the opening press conference for IFA 2016 for the gathered press corps. There, they shared a number of updates.
The Consumer Technology Association (CTA) is reporting that consumer confidence towards tech spending has reached a high for 2016.
The past couple of weeks have seen a number of major tech companies release their revenue results from Quarter Number Two of 2016.