#sales-decline

#sales-decline

Sweetgreen's shares dropped more than 25% after slashing its revenue outlook for 2025, now expecting between $700 million and $715 million.

In the latest quarter, Mattel's dolls category saw a 19% drop in sales, totaling $335 million, primarily due to fewer new Barbie launches.

Sales of the Cybertruck plunged 51% year-on-year in Q2 to just 4,300 vehicles, according to Cox Automotive, showing significant declines in demand for Tesla's electric pickup.

London EV Company (LEVC) has announced it will cut approximately 180 manufacturing jobs at its Ansty site due to a significant decline in sales and increasingly challenging automotive conditions. Demand for electric hackney carriages has been affected by rising costs and ongoing reductions in the number of drivers, prompting the need for restructuring to ensure the future of the London black cab.

Jaguar Land Rover's quarterly sales fell by more than 10%, with total units sold decreasing from 97,755 to 87,286 compared to the same period last year.

Jim Cramer identifies Target as a value stock based on its current low valuation compared to historical standards and the S&P 500, despite ongoing challenges.

During the Zurich Art Weekend, a dehydrated dove fell from the sky, and after being nursed back to health, it felt like an omen for Basel week.

Burberry's full year results revealed a 12% drop in like-for-like sales with an operating profit down 94%, highlighting extensive challenges as the luxury sector struggles.