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Revenue was down 22percentt year-on-year, but Nintendo beat analysts expectations and it has raised expected profit for its annual financial report — due in May — to 90 billion JPY ($791 million) from 50 billion JPY ($440 million).
Revenue was down 22percentt year-on-year, but Nintendo beat analysts expectations and it has raised expected profit for its annual financial report — due in May — to 90 billion JPY ($791 million) from 50 billion JPY ($440 million).
Burberry, the first to update the market on recent trading, said it now expected profit for its financial year through March 2013 "to be around the lower end of market expectations".
In addition, third-quarter operating profit fell at the company's most important divisions, and Siemens said it expected profit for the full year to fall to 4 billion euros, or $5.3 billion, from 4.6 billion in 2012.
WILD OATS MARKETS, Boulder, Colo., saw its shares fall to $5.03 from $11.19 a share after the company said that it expected profit for this year and next to miss forecasts.
TOKYO — Toyota Motor reported another step in its uneven road to recovery Wednesday, saying that income for the fiscal year that ended in March had tumbled, but that it expected profit for the current year to more than double to ¥760 billion, helped by new models and a pickup in the global economy.
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I.B.M. said it expected profits for the quarter to be 66 cents to 70 cents a share.
The company said it expected profits for the year to be down 5percentto10percentcent from 2000.
Coupe said Sainsbury's was on track to achieve expected profits for the year despite a "highly competitive market".
Stephen Clarke, WH Smith's chief executive, expected profits for the year to be "slightly ahead of plan" as a result of the stronger than expected sales performance.
Intimate Brands told analysts that it now expected profits for the quarter to come in at 44 to 48 cents a share, down from 55 cents.
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