Category: quarter

Huawei reports increased sales despite US sanctions

[ad_1] The figures fly in the face of earlier predictions, which anticipated a marked downfall for the company following its US export ban in May. Indeed, Huawei’s revenue growth slowed to 13 percent in the second quarter of the year, with the company estimating a $30 billion fall out from its war with America. Huawei […]

GameStop to close over 200 stores

[ad_1] The company’s balance sheet has not looked healthy in recent times — its second quarter global sales decreased 14.3 percent, marking an adjusted net loss of $32 million. As such, GameStop CFO James Bell announced that up to 200 “underperforming” stores will be closed between now and the end of the year. In the […]