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At Federated Department Stores, CEO Terry Lundgren remained positive about holiday sales, projecting 3% to 5% growth.
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Lucrative foreign sales projected?
With 2009 sales projected to hit only $400,000, Mr. Greer decided to shut down in March.
From Samsung, Dell, Hewlett-Packard, MSI and others, the category continues to grow, with 2009 sales projected to exceed 20 million units.
Sales fell 3.1%, to $15.2 billion, from $15.6 billion, coming in well below the $16.2 billion in sales projected by analysts.
Sales inched up 2.0%, to $2.5 billion, which were slightly below the $2.6 billion in sales projected by analysts.
Earnings came in just under the 23 cents a share expected by analysts while sales were ahead of the $8.5 billion in sales projected by analysts.
The results beat analysts' expectations for $2.27 a share; second-quarter sales of $14.4 billion, up 73.1% from last year, also surpassed the $13.3 billion in sales projected by analysts.
But with online ticket sales projected by Forrester Research to grow from $115 million in 1998 to $2.6 billion in 2003, it seems the drama will be a long-running show with plenty of roles, and seats, to be filled.
Constantine L. Clemente, Pfizer's executive vice president for corporate affairs, says that in the worst case, his company could lose 10% to 20% of its U.S. sales, projected at $14 billion next year.
Business financials — your annual sales, projected future growth, as well as current and/or likely future competition.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com