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Officeworks delivers positive progress in 2019

Officeworks delivers positive progress in 2019

The Australian office products retailer reported an eight percent increase in total revenue to $2.3 billion (€2.07 billion) for the full year to 30 June 2019. The retailer reported a 7.1 percent increase in earnings before interest and tax (EBIT) to $167 million (€150...
HP’s hardware sales down

HP’s hardware sales down

HP Inc. announced fiscal 2019 third quarter net revenue of $14.6 billion (€13.11 billion), up 0.1 percent from the prior-year period although hardware sales and supplies sales are down. HP reports that printing net revenue was down five percent year-on-year with a...
Printer troubles for HP?

Printer troubles for HP?

With July earning statements due from HP, VMware, Salesforce.com, and Pure Storage as well as Hewlett Packard and Dell, there is mounting worry that the outcome will highlight the bad effects of slower enterprise-technology spending. Barrons reported earlier this week...
Office Depot announced 2Q2019 results

Office Depot announced 2Q2019 results

The company said it recorded a strong performance in its BSD division and improved operating results at CompuCom for the second quarter ended 29 June 2019. “This quarter was a compelling demonstration of how we are implementing our strategy and utilizing our B2B...
Toshiba reports net income loss

Toshiba reports net income loss

The OEM has announced its first quarter consolidated results for the financial year 2019. Toshiba reported net sales income of ¥813.2 billion ($7.67 billion/ €6.84 billion) which is down from the same period of the previous fiscal year which recorded ¥842.3 billion...