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Tag: gradual

Forecast 2020: Godrej Consumer Products expects gradual improvement in demand in upcoming quarters

Godrej Consumer Products on Monday said demand in the third quarter for this fiscal continued to be challenging, impacted by a general consumption slowdown, stressing that it expects gradual improvement in consumer demand in the upcoming quarters. “During the quarter (ended December 31, 2019), we witnessed relatively mixed demand across some of our geographies of …

Forecast 2020: Godrej Consumer Products expects gradual improvement in demand in upcoming quartersRead More

Pier 1 Q2 loss doubles amid heavy clearance activity; sees ‘gradual recovery’

Pier 1 Imports posted another big quarterly loss as the retailer aggressively cleared out goods in anticipation of its merchandising and marketing reset, key elements of its turnaround strategy.  The struggling home décor chain reported a net loss of $100.6 million, or $24.29 per share, in the quarter ended August 31, which includes transformation costs …

Pier 1 Q2 loss doubles amid heavy clearance activity; sees ‘gradual recovery’Read More