Fandango says Star Wars: The Force Awakens online ticket sales traffic surged to seven times its typical peak levels, a record-setting first day of pre-sales. The previous record holder was 2012’s The Hunger Games.
For Star Wars, we have already sold eight times as many tickets as we did on the first day of sales for the previous record holder. This is an extraordinary time for the industry, which experienced unprecedented ticketing demand last night. The enthusiasm for this year’s most anticipated movie is out of this world and we expect it to continue all the way to its debut on Dec. 18.
The company reports a decline in net income from $37.4m in 2014 to $5.8m in 2015, a 84% decrease. Revenue fell from $405m to $392m. Attendance dropped by more than 100,000 from 6.58 million to 6.48 million. CEO Manby:
We realize we have much work ahead of us to recover more of our attendance base, increase revenue and improve our performance as returning to historical performance levels will take time and investment. On the reputation side, early feedback on our campaign has been positive, however, we recognize that fully resolving our brand challenges in California will require sustained focus and commitment to correct misinformation…We will continue to fight with the facts, because the facts are on our side.
Volkswagen has replaced Toyota as the world’s largest automaker by selling 5.04 million cars in the first half of 2015. Volkswagen:
We do not comment on the figures of other automakers. The goal of the Volkswagen Group is to focus on qualitative growth and not being No. 1 in sales.
A report from SNL Energy shows that coal has dropped from providing 44% of the county’s energy needs to 30%. Due to rapid advancements in fracking technologies, natural gas production, 31%of America’s electricity is now coming from natural gas, up from 22 percent in 2010.
The California lottery has the highest sales total during the fiscal year in the state’s lottery history with $5.5 billion dollars in ticket sales, which beats the previous record by about $500 million. Growth in sales may be linked to the introduction of $20 scratcher tickets which seem to be on the rise. Source on scratchers says:
It’s good business. Customers come in and buy other items when they get [the lotto tickets]. We’ve got a lot of regulars.
Sweetgreen has seen strong sales over the past year and has made a significant profit selling salads, wraps and yogurt despite the fact that its store is small and only has a few tables and benches. Their customers are mostly young adults and students.
Before we opened, we outlined three financial projections: worst case, most likely case and best case. And, over the past year, we have performed financially at least in best case or over.