Sentence examples for slash profit from inspiring English sources

He expects analysts to slash profit forecasts for 2014 and 2015 – by 15%and20%0% respectively – as sales decline and Morrisons is forced to invest in online and convenience stores.

A Starbucks coffee roasting division used "artificial" arrangements to slash profits in the Netherlands – and therefore pay low tax.

Fears that Tesco and Sainsbury's would also be forced to slash profits to deal with cut-price rivals dragged down their shares by 4.9% and 8.4% respectively.

More than £2bn was wiped off the value of the UK's listed supermarkets on Thursday as Morrisons said taking on discounters such as Aldi and Lidl with aggressive price cuts would slash profits by more than 50%.

All these new costs have helped slash profits.

"We're moving towards a resource-limited economy, which means manufacturers are going to have to move their business model towards remanufacturing and repairs, as the cost of rare earth metals and other resources slash profits," Kyle says.

Several major firms, including Lehman, close their books for the third quarter on Aug. 31, and analysts have been slashing profit estimates.

Sony slashed profit and sales forecasts for the fiscal year, pointing to falling sales of flat-panel TVs and other electronics as consumer spending slows amid the turmoil in the global economy.

Amazon's investment in new technology and services helped slash net profit by 58% to $22m in its second quarter, compared with the same period a year earlier.

The company's most valuable asset is its library of 4,000 movie and television shows, including Rocky and Dances WithWolves, but a drop in DVD sales has slashed profits.

When King arrived at a distressed Sainsbury's in 2004, he slashed profits from £675m in 2004 to just £254m in 2005 as he lowered prices and invested more in staff and stores to help make the business more competitive.