EToys stock plunges 20% amid doubt over prospects
Article Abstract:
eToys Inc. announced that its sales for the 1999 fiscal third-quarter more than quadrupled. However, the company's share value declined by 25% as investors expressed doubts about Internet retail forecasts. eToys' revenues increased by 366% to $106.8 million.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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EToys Expects Holiday Sales To Miss Forecasts
Article Abstract:
EToys Inc. has employed Goldman Sachs and Co. to explore a merger or sale of the financially-troubled company. The online toy retailer, which has reported that it's holiday sales would fail to meet expectations, also will substantially cut its workforce.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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EToys to lay off 70% of work force, shut warehouses
Article Abstract:
EToys Inc. announced that it will downsize its labor force by approximately 70% and shutdown two warehouses. The moves are an attempt by the firm to reduce costs.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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