logo
Share SHARE
FONT-SIZE Plus   Neg

IBM Forecasts Sales Of Home Furnishings In Q2 Will Be Higher - Quick Facts

International Business Machines Corp (IBM: Quote) Friday stated that sales of home furnishings in the second quarter of calendar year 2012 would shoot higher.

Relying on its analytics-based forecast, IBM predicts that in-store sales would increase nearly 8 percent to $23.22 billion and online sales would post an increase of 28.4 percent for the second quarter.

Combined in-store and online sales of home furnishings are expected to grow 16.6 percent in the second quarter, IBM further added.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
H&R Block, Inc., the largest U.S. tax preparer, said Wednesday after the markets closed that its third quarter loss narrowed sharply from last year, as revenue surged due to an earlier opening of the Internal Revenue Service's e-file system this tax season. The company's quarterly loss per share also smaller than analysts estimated, but its quarterly revenue fell short of analysts' forecast. Microsoft co-founder Paul Allen's maritime plunge took an exciting yet somber turn, after he found the wreck of a once-feared World War II Japanese battleship that met its doom by enemy torpedoes decades ago near the Philippines. A new study reveals that more large companies in the U.S. are run by men with the names John, Robert, William or James than the total number of women CEOs. For each women CEO of S&P 1500 companies there are four men CEOs named John, Robert, William or James, according to a study conducted by the New...
comments powered by Disqus
RELATED NEWS
Trade IBM now with 
Follow RTT