Archive for the 'Earnings' Category

IBM Forecasts Robust Gains in 2Q Home Furnishings Sales

Sales of home furnishings in the U.S. are expected to shoot higher in the second quarter, with in-store sales increasing nearly 8 percent to $23.222 billion and online sales increasing 28.4 percent, according to an IBM (NYSE: IBM) analytics-based forecast. Combined in-store and online sales of home furnishings are expected to grow 16.6 percent in the [...]

Volkswagen Reports 42.5 Percent Increase in 2012 February U.S. Sales

Volkswagen of America, Inc. (VWoA) reported 30,577 units sold in February, a 42.5 percent increase over prior year sales and best February since 1973. “February’s strong sales of 30,577 units and back-to-back record months reflects the increasing consumer confidence in the marketplace and strong interest for our products,” said Jonathan Browning, President and CEO, Volkswagen [...]

Highest February on Record for Mercedes-Benz with Sales of 19,679

Mercedes-Benz USA (MBUSA) reported February 2012 sales of 19,679 vehicles, a 21.7 % improvement over February 2011 and the highest February volume on record with strong sales across all model lines to brand new customers.  On a year-to-date basis, the 41,398 vehicles sold represent a 23.8% increase. The company reported sales increases over virtually all [...]

The Audi Group in the Fiscal Year 2011: New Records for Deliveries, Revenue and Profit

The Audi Group once again set records for deliveries, revenue and key earnings data in the fiscal year 2011. The brand with the four rings sold more than 1.3 million cars in the past year, at the same time increasing revenue to EUR44.1 billion. Operating profit for the Audi Group rose to over EUR5.3 billion [...]