All articles tagged with #sales expectations
The NFIB Small Business Optimism Index increased slightly in August 2025, driven by improved sales expectations and earnings, despite ongoing labor quality issues and supply chain disruptions. Business health remains strong, with many owners planning to create jobs and raise wages, though inflation and labor shortages continue to be concerns.
Electronic Arts is reportedly no longer working on a Dead Space 2 remake due to the first remake's sales not meeting expectations. EA has addressed the report, stating that no such project was ever in the works. According to reports, EA deprioritized the Dead Space 2 remake to focus on other projects such as the upcoming Iron Man game and the next Battlefield entry. While the Dead Space 2 remake may be shelved for now, EA has confirmed that the lead developers are building a team for the next Battlefield, and the Iron Man game has made excellent progress for a potential release in 2024.
Major footwear brands like Boot Barn, Crocs, Genesco, On, and Wolverine Worldwide are providing updates on their sales and earnings expectations at the 2024 ICR conference. Companies are reporting mixed results, with some meeting expectations and others outlining strategies for business improvement. Key highlights include Boot Barn's modest sales growth and plans for store expansion, Crocs' record revenues and strong holiday season, Genesco's challenges with consumer demand and plans for reshaping its business, On's focus on product innovation and ambitious sales goals, and Wolverine Worldwide's cost-cutting moves and emphasis on new product launches to drive business in 2024.
Tango Gameworks’ Hi-Fi Rush reportedly failed to meet sales expectations despite positive reviews and a low price, and Microsoft is unhappy with the current state of Xbox, having not released a first-party game in 2022. The company may have expected bigger titles like Halo Infinite to generate more micro-transaction revenue, burdening smaller releases like Hi-Fi Rush with lofty sales expectations. The upcoming Xbox Games Showcase and Starfield Direct may address these concerns.
Apple CEO Tim Cook is betting on the company's mixed-reality headset to secure his legacy, as it will be the first new computing platform developed entirely under his leadership. However, reports suggest the headset will interact with other Apple devices and be based on existing software stacks, leading to accusations of iterating on past ideas rather than breaking new ground. Apple is only expecting to sell around a million units of its headset in its first 12 months, with a price tag of around $3,000, making it uncertain whether even this sales target is realistic. Despite the hype, the success or failure of the headset is unlikely to make or break Cook's legacy or the company.