Metro's gain may ease retail fears
Article Abstract:
Fourth-quarter sales for German retailer Metro AG rose 8.3% to reach 19.9 bil euro, with 58% of sales generated outside the country. Fiscal third-quarter sales for UK supermarket chain J Sainsbury PLC rose 5.9%, while sales were worse than anticipated for housewares, food, and clothing retailer Marks and Spencer PLC for the same period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Adidas isn't getting traction in North America from Reebok
Article Abstract:
Second-quarter net profit for Adidas AG rose by 27% to reach 104 mil euro, while total sales dropped 1.2%. Expenses linked to the acquisition of Reebok International Ltd. were significantly less than in the same quarter for 2006. Adidas acquired Reebok in August 2005.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Metro earnings fall 47% on costs from acquisitions
Article Abstract:
Third-quarter profits have fallen 47% for German department store Metro Group AG. Costs associated with recent acquisitions are blamed for the losses. Metro is forecasting a 6% increase in full-year sales.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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