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9 Sep, 2008

First year success

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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.

 

30 Jun, 2015

Record ticket sales

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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.

15 Jul, 2015

Natural gas overtakes coal energy use

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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.

28 Jul, 2015

VW beats Toyota as largest automaker

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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.

6 Sep, 2015

Profits drop 84%

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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.

20 Oct, 2015

Breaks ticket records

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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.

30 Sep, 2022

GM sales grow 74% YOY in Sept, Tesla sales grow 63%, Honda declines

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In its September estimates, TrueCar says that General Motors has grown its sales most in the past year, increasing 74.2%.. GM also had the largest number of sales, at 200,000 units. Tesla is in second place with sales growth of 63% compared to the same time last year. Honda is the fastest shrinking automaker in US sales, down -15.3%.

13 Oct, 2022

Musk: 20,000 bottles of Burnt Hair fragrance sold

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Following tweets that announced 5000 and 10,000 bottles of Burnt Hair have been sold, Musk tweets that 20,000 bottles of the fragrance have been sold. At $100 per bottle, the perfume has raised $2 million in sales. Musk announced the perfume in September as a ‘slow burn’ joke, and launched it, through The Boring Company, on October 12.

20,000!

19 Oct, 2022

Burnt Hair sells out

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Musk says the entire stock of Burnt Hair has been sold out, raising $3 million in sales, from 30,000 bottles at $100 each. Delivery is expected in early 2023.

Only 1,300 left of this unique, limited edition, collector’s item.

And … sold out!

7 Feb, 2023

Report: Twitter has 180,000 US subscribers

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According to The Information, only 180,000 people in the US have paid for a Twitter Blue subscription, 0.2% of the website’s monthly active users. The publication said it saw the information on a document that also revealed that 62% company’s paying users reside in the US, meaning Twitter has approximately 290,000 subscribers worldwide. Musk told Twitter employees last year that he wants half of the website’s revenue to come from subscriptions. One avenue the company is considering to earn more from its subscription services is to offer a higher-priced membership tier that allows users to browse the website with zero ads.

5 Jun, 2023

Twitter’s U.S. ad sales drop 59%

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According to an internal presentation obtained by The New York Times, Twitter’s U.S. advertising revenue for the five weeks from April 1 to the first week of May was $88 million, down 59% from a year earlier. The document says the company has regularly fallen short of its U.S. weekly sales projections, sometimes by as much as 30 percent. The company has forecast that its U.S. ad revenue this month will be down at least 56 percent each week compared with a year ago, according to one internal document. Neither CEO Yaccarino nor Musk commented on the report.

According to staff interviews, Twitter’s ad sales staff is concerned that advertisers may be spooked by a rise in hate speech and pornography on the social network, as well as more ads featuring online gambling and marijuana products.  In one week last month, four of Twitter’s top 10 U.S. advertisers were online gambling and fantasy sports betting companies, according to one presentation. Twitter has also started allowing ads for cannabis accessories, including “bongs, vapes, rolling paper,” as well as erectile dysfunction products and services, according to internal emails.

Former employees say some of Twitter’s biggest advertisers — including Apple, Amazon and Disney — have been spending less on the platform than last year, and that large specialized “banner” ads on Twitter’s trends page that can cost $500,000 for 24 hours and are almost always bought by large brands to promote events, shows or movies, are often going unfilled.

3 Jul, 2023

Tesla delivers record number of cars after price cuts

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Tesla says it delivered a record number of vehicles for the three months from April to June, delivering 466,140 vehicles, 80% higher than last year. The company says it lowered prices in markets including the US, UK and China to compete with rival manufacturers. The company is due to report its financial results for the second quarter on 19 July. Musk,

We’re not ‘starting a price war’, we’re just lowering prices to enable affordability at scale.