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Meaning of “profits warning” in the English Dictionary

"profits warning" in Business English

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profits warningnoun [C]

(also profit warning) uk   us  
FINANCE an announcement made by a public company that profits in a particular period will be less than expected: a severe/shock profits warning In a shock profits warning the company said its retail business would post a substantial loss this year. The American consumer-goods firm also issued a profits warning, its third since March.
(Definition of profits warning from the Cambridge Business English Dictionary © Cambridge University Press)
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