Sentence examples for inventory write-off from inspiring English sources

Earnings included a 2-cents-a-share inventory write-off for flu shots.

Veeco incurred inventory write-off charges of $15.3 million associated with the CVC merger.

ClearOne Communications was expected to have a profit of 20 cents a share, the average estimate of four analysts polled by Thomson First Call, excluding costs for staff reductions and an inventory write-off.

It now expects a loss of 15 to 20 cents a share for the fourth quarter, which ended Feb. 1, after taking an inventory write-off and other charges.

Cisco Systems had compared the plunge in demand for its products to a "100-year flood" when it announced layoffs and a $2.5 billion inventory write-off earlier this week, and new claims for unemployment insurance are rising at their fastest rate since the 1990-91 recession.

Analysts said they expected Mr. Questrom, who begins at Penney on Sept. 15, to take a number of steps this year, perhaps closing stores, announcing a major inventory write-off, or trimming the number of vendors and brands in Penney stores.

The deal with Foxconn will also help BlackBerry avoid inventory write-offs in future.

Gross profit is reduced by any inventory write-offs and by shipping charges, because shipping fees are included in revenue.

The company, which is based here, said it would take a charge of $18 million to $22 million in its fiscal fourth quarter ending Aug. 31 related to the lay offs, discontinued operations and inventory write-offs.

On a mad Monday, April 16 , 2001 the world's largest network-equipment maker shocked investors when it warned them that it would soon scrap around $2.5 billion of surplus raw materials one of the largest inventory write-offs in U.S. business history.

Xerox said on March 31 that it would take a $625 million pretax charge in the first quarter to cover the elimination of 5,200 jobs -- 5.5percentt of its worldwide work force -- as well as plant closings and inventory write-offs.