Emart Co. reported a 35.6% jump in Q3 operating profit to 151.4 billion won, beating market expectations despite a slight sales decline.
#YonhapInfomax #Emart #OperatingProfit #Q3Earnings #MarketExpectations #SalesDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90258
Emart Posts Q3 Operating Profit of 151.4 Billion Won, Up 35.6%—Beats Estimates (Update)

Emart Co. reported a 35.6% jump in Q3 operating profit to 151.4 billion won, beating market expectations despite a slight sales decline.

Yonhap Infomax
Target Corp. will cut 1,800 headquarters jobs—its largest restructuring in a decade—as it faces weak sales and prepares for a CEO transition.
#YonhapInfomax #TargetCorp #Layoffs #Headquarters #Restructuring #SalesDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87154
Target Announces Largest Restructuring in a Decade—1,800 Headquarters Jobs to Be Cut

Target Corp. will cut 1,800 headquarters jobs—its largest restructuring in a decade—as it faces weak sales and prepares for a CEO transition.

Yonhap Infomax

Wine group Australian Vintage eyes sales recovery in new FY

Australian Vintage is forecasting a “transformational” 2026 financial year following a slight sales decline and a loss in the 12 months just completed. The owner of McGuigan and Tempus Two brands recorded a 1% fa…
#wine #Australianwine #Australia #AustralianVintage #companytargets #salesdecline #Wine #WinefromAustralia #WineofAustralia
https://www.diningandcooking.com/2251937/wine-group-australian-vintage-eyes-sales-recovery-in-new-fy/

US alcohol consumption has dropped to a historic low, pressuring major beverage companies like Molson Coors and Constellation Brands as Americans increasingly view alcohol as unhealthy.
#YonhapInfomax #AlcoholConsumption #MolsonCoors #ConstellationBrands #SalesDecline #NonAlcoholicProducts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78481
'I Don't Drink Anymore'—US Alcohol Industry Faces Crisis as Consumption Plummets

US alcohol consumption has dropped to a historic low, pressuring major beverage companies like Molson Coors and Constellation Brands as Americans increasingly view alcohol as unhealthy.

Yonhap Infomax
Homeplus Co.'s employee council urges the South Korean government to include the retailer in the Livelihood Recovery Subsidy program, warning that exclusion could severely impact sales and delay its rehabilitation process.
#YonhapInfomax #Homeplus #LivelihoodRecoverySubsidy #SalesDecline #RehabilitationProcess #EmployeeCouncil #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70212
Homeplus Urges Inclusion in Livelihood Recovery Subsidy Usage

Homeplus Co.'s employee council urges the South Korean government to include the retailer in the Livelihood Recovery Subsidy program, warning that exclusion could severely impact sales and delay its rehabilitation process.

Yonhap Infomax
The Daily Beast highlights Tesla's mounting challenges amid fierce competition from Chinese EV manufacturers and growing backlash against CEO Elon Musk. As European sales plummet, the article illustrates how Musk's controversies are damaging the brand's image and affecting consumer trust. Tesla must tackle these multifaceted issues to reclaim its position in the market. Read the full article here: https://www.thedailybeast.com/teslas-sales-in-europe-plummet-as-musk-backlash-rages-on/ #Tesla #ElonMusk #ElectricVehicles #SalesDecline #Competition #BrandImage
Tesla’s Sales in Europe Plummet as Musk Backlash Rages On

The EV manufacturer is battling both stiffer competition from China and CEO Elon Musk’s toxic reputation.

The Daily Beast
Hyundai Motor launches its all-new Nexo hydrogen SUV after seven years, aiming to revive the struggling hydrogen vehicle market with extended range, improved performance, and enhanced family features, as global and domestic FCEV sales face steep declines.
#YonhapInfomax
#HyundaiMotor #Nexo #HydrogenVehicle #FCEV #SalesDecline
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68463
Hyundai Bets on the Future With All-New Nexo—A Closer Look at the Upgraded Hydrogen SUV

Hyundai Motor launches its all-new Nexo hydrogen SUV after seven years, aiming to revive the struggling hydrogen vehicle market with extended range, improved performance, and enhanced family features, as global and domestic FCEV sales face steep declines.

Yonhap Infomax
Reuters reports a remarkable 53.7% drop in Tesla sales in Sweden, primarily fueled by growing public ire towards Elon Musk's behavior and controversial political ties. In April, Tesla experienced an 80.7% decline, while BYD's sales surged 359% in Europe. Strikes in Sweden add to Musk's woes, underscoring the dire state for Tesla. Explore the full article for deeper insights. https://www.thedailybeast.com/tesla-sales-tank-in-sweden-as-furious-musk-backlash-spirals/ #Tesla #ElonMusk #BYD #ElectricVehicles #SalesDecline #LaborDispute
Tesla Sales Tank in Another Country as Musk Backlash Spirals

The automaker’s sales were down—and a Chinese supplier’s sales are soaring.

The Daily Beast
Hyundai Steel Co. is set to sell its undercarriage business at Pohang Plant 1 to Daejoo-KC Group after a 65% sales drop, amid ongoing restructuring and cost-cutting measures.
#YonhapInfomax #HyundaiSteel #PohangPlant #UndercarriageBusiness #DaejooKCGroup #SalesDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65869
Hyundai Steel to Sell Pohang Plant Undercarriage Business Following Shutdowns and Voluntary Retirement Program

Hyundai Steel Co. is set to sell its undercarriage business at Pohang Plant 1 to Daejoo-KC Group after a 65% sales drop, amid ongoing restructuring and cost-cutting measures.

Yonhap Infomax
John Amato reveals shocking insights on Elon Musk's impact on Tesla. Actions perceived as aligning with white supremacy and unconstitutional moves against Dogecoin have led to a staggering 49% decline in Tesla sales in Europe. While battery-electric vehicle sales soar, Tesla struggles amidst Musk's controversial support for Trump's campaign. Could this signal Musk's downfall? Discover more about this evolving narrative here: https://crooksandliars.com/2025/05/elon-musk-backlash-continues-tesla #ElonMusk #Tesla #Trump #Politics #SalesDecline #AutomotiveIndustry
Elon Musk Backlash Continues: Tesla European Sales Plummet

The Trump/Musk administration is reaping what it sowed.

Crooks and Liars