Logitech International, a Swiss manufacturer of computer peripherals and software, experienced a decline in its stock prices following an announcement of an increase in its outlook. Despite the positive news, Logitech still anticipates a decrease in sales for the current year due to a downturn in spending. As of 1000 GMT on Tuesday, Logitech shares were down by 6.6% at … [Read more...] about Logitech Lowers Sales Outlook
sales outlook
Sealed Air Cuts Outlook as Demand Slows
Sealed Air, the renowned manufacturer of packaging materials, including the beloved bubble wrap, is facing a challenging period due to sluggish demand. As a result, the company has revised its full-year sales and adjusted earnings projections. Revised Sales Outlook The Charlotte, N.C.-based company now expects its annual sales to range between $5.40 billion and $5.60 billion. … [Read more...] about Sealed Air Cuts Outlook as Demand Slows