All articles tagged with #sales report
Shares of J.M. Smucker dropped over 12% after the company reported worse-than-expected Q4 sales and a lower profit forecast for FY2026, citing a challenging external environment and changing consumer behaviors, leading to a significant stock decline and a negative outlook for the year.
Circana's April 2024 report shows Stellar Blade as the top-selling game, with Helldivers II, Call of Duty: Modern Warfare III, Sea of Thieves, and Fallout 4 completing the top five. Sea of Thieves and Grounded saw significant sales boosts due to their PlayStation releases. Total game software spending rose 2% to $3.736 billion, but hardware and accessories sales declined, leading to an overall 3% drop in total video game spending in the US for April 2024.
Circana's monthly sales report reveals that total video game sales in the US for November 2023 decreased by 7% compared to the previous year, with hardware spending dropping by 24% and game sales sliding by 3%. However, overall spending in the US gaming industry has increased by 1% for the year so far. The top 20 best-selling games for November 2023 in the US include titles such as Call of Duty: Modern Warfare III, Spider-Man 2, and Hogwarts Legacy.
Spider-Man 2, developed by Insomniac Games, was the best-selling game in the US for October 2023, surpassing the launch-month sales of its predecessor, Spider-Man (2018), by a double-digit percentage. The sales report from Circana revealed that total sales for October 2023 declined by 5% compared to the previous year, with game sales dropping by 4% to $3.562 billion. The top 20 best-selling games also included titles like Madden NFL 24, The Legend of Zelda: Tears of the Kingdom, and Hogwarts Legacy.
Tesla shares have risen following a strong sales report.