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Net revenues totaled $3.32 billion, representing a year-over-year decrease of 22.4%. Year-over-year net sales to OEMs and Distribution decreased 19.8% and 28.7%, respectively. On a sequential basis, net revenues increased 2.2%, in line with the mid-point of ST’s guidance.
U.S. Consumer net sales increased 11 percent, to $340.9 million from $306.7 million in the same period last year, driven by a strong fall season across all categories and early retailer load-in for the spring season. Hawthorne segment sales decreased 35 percent, to $52.1 million, compared to $80.1 million last year.
What information to report for each segment: this might range from a single number for sales revenue to complete income statements and balance sheets per segment. The definitions of segment numbers. While numbers such as 'profit' and 'sales revenue' are well defined at company level in accounting standards, this is not necessarily true for ...
Net income excluding identified items $ 249 $ 617 $ 411 $ 2,101 $ 2,838 Diluted earnings per share excluding identified items 0.75 1.88 1.26 6.40 8.65 Gain on sale of business, pre-tax 9 — — (284) — Asset write-downs, pre-tax 1,065 — 241 1,065 518 Refinery exit costs, pre-tax 44 57 50
The company reported fourth-quarter sales that were flat year over year at $10.686 billion with an MTM-adjusted earnings per share of $6.39. ... consolidated segment margins should increase ...
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment. ... of $0.24. Total revenue was $10.4 billion, below the expected $10 ...
As a percentage of net sales, SG&A increased 80 basis points. For the fiscal year, SG&A increased 40 basis points relative to 2023, primarily due to increased brand marketing, as planned.
Revenues from a business's primary activities are reported as sales, sales revenue or net sales. [2] This includes product returns and discounts for early payment of invoices . Most businesses also have revenue that is incidental to the business's primary activities, such as interest earned on deposits in a demand account .