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Jacques Vert, whose brands include Windsmoor and Planet, also highlighted higher than expected one-off costs associated with consolidating its warehouses into a single site, with profits for the year to the end of April now expected to be "below expectations".
French Connection said: "The first-half retail sales performance is now forecast to be materially lower than expected … The financial performance for the year is now expected to be below the current market expectations".
Shares in the auto parts maker ArvinMeritor fell almost 14percentt yesterday after it warned that its fourth-quarter performance is expected to be below Wall Street's expectations because of a downturn in production of light vehicles and heavy trucks.
"The financial performance for the year is now expected to be below the current market expectations," the company said.
The 2013 expected return on equity is now expected to be below 10%.
Prices for a basic lighting system are expected to be below $1,000, Dr. Dowling said.
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Its sales are expected to be 10% to 20% below expectations this quarter, but AMD's sales will be 25% lower.
However, reinforcing the idea that news is mixed for the industry, the company warned that its revenue would fall below earlier estimates, and was now expected to be $207 million to $216 million, below the analyst consensus of $254.7 million.
The office said federal revenues for this fiscal year, which ends on Sept. 30, will be $20 billion below its estimate in January, mostly because corporate receipts are expected to be $15 billion below earlier projections.
The Aussie stadium, home of NSW Waratahs, was expected to be just below its 40,000 capacity.
And on Tuesday, Advanced Micro Devices said its sales are expected to be well below already low estimates.
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