profit warning

noun

1. a public announcement made by a company to shareholders and others warning that profits for a stated period will be much lower than had been expected

Example Sentences

The share price of Stellantis, the owner of brands such as Peugeot, Citroen, Fiat and Jeep, also plummeted on Monday after a profit warning.

From BBC

On Friday, Volkswagen issued its second profit warning in three months, while it has also suggested it might have to close plants in Germany for the first time in its history.

From BBC

His successor Lindsay Page and chairman David Bernstein then resigned in late 2019 after the firm issued a profit warning.

From BBC

His successor Lindsay Page and chairman David Bernstein resigned the following year following a profit warning.

From BBC

Kering said in a statement that the profit warning "reflects a steeper sales drop at Gucci, notably in the Asia-Pacific region".

From BBC