Fastenal Co reported better-than-expected quarterly earnings, helped in part by an increase in daily sales growth and its new freight initiatives.
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Sony Ericsson Mobile Communications AB (“Sony Ericsson”) announces that moderating sales growth of mobile phone units is expected to negatively impact net sales and net income before tax (“NIBT”) for the first quarter of 2008.
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Emerson (NYSE: EMR) today announced record net sales for fiscal 2007 of $22.6 billion, an increase of 12 percent from the prior year. Sales for the fourth quarter ended September 30, 2007 were $6.1 billion, an increase of 11 percent over the $5.5 billion reported in the same period last year.
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Ford is blowing the doors off the competition in crossover sales growth this year, with a 52 percent sales increase in 2007 versus last year, but the company is continuing to push the segment’s limits at this year’s Specialty Equipment Market Association (SEMA) show.
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Ford of Europe’s cars and commercial vehicles continued to be in demand in August. Across its main 21 European markets, the company sold 103,600 vehicles, a 9 percent increase over August 2006.
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Worldwide sales of Audi vehicles rose to more than 144,000 vehicles in the first two months of 2007, up 9 percent on the same period of last year. In February alone, the company equally recorded an increase of 9 percent.
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