Signet UK sales fail to shine

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld Lifestyle Signet Jewelers reported a higher-than-expected quarterly profit but said its British stores were struggling. Signet reported net income of $105.4m (£66m) for the fourth-quarter, down from $115.5m a year earlier. Sales at US stores open at least a year were up 11.4 per cent so far in the first-half of the current quarter. But Signet, which operates British chains H Samuel and Ernest Jones said its UK like-for-like sales fell 2.9 per cent in the fourth-quarter and are continuing to tumble. whatsapp Show Comments ▼ Share Wednesday 30 March 2011 7:33 pmcenter_img Signet UK sales fail to shine KCS-content More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Tags: NULLlast_img read more

Macau casino revenue falls 70.5% in November

first_imgAsian casino operator Galaxy Entertainment saw its GGR decline 93.9% in Q3, to HKD$867m (£84.4m/€94.6m/USD$111.8m). Q3 earnings for Melco showed a decline in revenue of 85.2%, as the operator reported a $386.9m loss. Results 2020 Macau casino revenue falls 70.5% in November Macau’s travel restrictions have had a major financial impact on many casino operators. MGM Resorts International published results in October, showing that revenue from the operator’s properties in Macau was down 93.6% at $46.9m. Macau’s gaming industry brought in gross gaming revenue of MOP6.75bn (£632.86m/€705.92m/$845.34m) in November, down 70.5% from the same month in 2019. Regions: China Macau Topics: Casino & games Finance Land-based casino Results 2020 For the year to date, Macau has generated revenue of MOP52.62bn, down 80.5% on the MOP269.62bn brought in by the end of November last year. November’s revenue does, however, represent the second highest total for the Chinese Special Administrative Region since it took in MOP22.13bn in January. That month was the last before the imposition of travel restrictions, resulting from novel coronavirus (Covid-19), which revenue for Macau’s casinos. Tags: Macau Current year-to-date revenue is just over the MOP50.31bn brought in between January and February 2019 alone. Subscribe to the iGaming newsletter The month’s GGR was down 7.2% compared to the MOP7.27bn taken in October, though this was a smaller decline than seen in the same month last year, when revenue was 13.5% behind October. Macau’s Wynn Palace saw its revenue decline 97.4% year-on-year, bringing in just $15.7m in the third quarter, as the Wynn Macau property also saw revenue decline 89.2%, bringing in $51.4m. Travel restrictions in Macau contributed significantly to the operator posting a $831.5m net loss. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 1st December 2020 | By Conor Mulheir Email Addresslast_img read more