The Barcelona-based firm behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three-months ending Sept. 30 were €1.26 billion …
Beats
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans parent VF Corp opens new tab turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement …
Tapestry Gains as Quarterly Profit Beats Wall Street’s View
Tapestry Inc.’s shares rose as the maker of handbags and clothing’s quarterly results beat Wall Street expectations amid continued weak consumer confidence and inflation fears. …
Ralph Lauren Beats Profit Estimates on Stable Demand in Europe, China
Ralph Lauren Corp beat first-quarter profit estimates as steady demand for its pricey denims and polo shirts in Europe and China offset slower sales in …
Moncler’s Operating Profit Beats Expectations, Asia Boosts Revenues
Operating profit at Italian luxury group Moncler beat analysts’ expectations for the first half of the year, thanks in part to an 11 percent increase in …
J&J Profit Beats Expectations as Forecast Cut on M&A Costs
Johnson & Johnson’s second-quarter profit beat Wall Street projections on strong pharmaceutical sales while the company cut its full-year forecast to account for a spate …
Ulta Beauty Beats First-Quarter Profit Estimates on Steady Demand for Skincare and Makeup
Ulta Beauty topped market expectations for first-quarter profit on Thursday, helped by steady demand for skincare and makeup as well as easing input costs. Shares …
Temu-Parent PDD Holdings Beats First-Quarter Revenue Estimates
PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and and growing consumer interest in its Chinese discount e-commerce …
Macy’s Profit Beats Estimates as Turnaround Shows Progress
Macy’s Inc. handily beat profit estimates in the most recent quarter, leading the department-store operator to raise its outlook for the remainder of the year. …
Canada Goose Beats Estimates on China Strength; Shares Surge
High-end coat maker Canada Goose Holdings Inc. reported higher-than-expected sales growth on strong retail results in China and the US. The shares jumped more than …
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
Since its spinoff from Johnson & Johnson in May last year, Kenvue has focused on its 15 priority brands to boost growth and said in …
H&M Profit Beats Estimates as Spring Range Draws Shoppers
Hennes & Mauritz AB posted better-than-expected profit in the first quarter as it cut costs and introduced new spring looks that proved more attractive to …
Walgreens Profit Beats Wall Street as Sales Rise Amid Cost Cuts
Walgreens Boots Alliance Inc. reported fiscal first-quarter earnings and sales ahead of Wall Street expectations as its new chief executive slashed the troubled drugstore chain’s …
Abercrombie’s 285% Surge in 2023 Beats Even Sizzling Nvidia
One retail stock has been a clear winner this year as fashion trends revisited the late 90s and early 2000s. Abercrombie & Fitch Co. has …
Macy’s Rises as Profit Beats Forecasts on Improved Inventory
Macy’s Inc. reported third-quarter profit that beat expectations thanks to better inventory management, though same-store sales fell for a third straight quarter. The results underscore …
Tencent Profit Beats Estimates in Defiance of China Downturn
Tencent Holdings Ltd.’s earnings beat estimates in another sign that Chinese consumers remain willing to spend on games and entertainment during a nationwide downturn. The …
JD.com’s Revenue Beats Estimates After Discounts Drive Sales
JD.com Inc. posted a stronger-than-expected 1.7 percent rise in quarterly revenue, after heavy promotional spending propelled online transactions in the face of intense competition. Revenue …
Ralph Lauren Beats Sales Estimates on Steady Demand
Ralph Lauren beat Wall Street estimates for quarterly revenue on Wednesday as its younger, more affluent customer base continued to snap up its pricey shirts …
Lululemon Beats Expectations, Raises Full-Year Outlook
Lululemon Athletica Inc.’s revenue rose 24 percent year over year to $2 billion in the first quarter of fiscal 2023, ended April 31 — beating …
Nordstrom Beats Quarterly Sales Estimates as Apparel Demand Holds Up
Nordstrom Inc beat market estimates for first-quarter sales on Wednesday as demand from wealthy shoppers cushioned a wider, inflation-driven slowdown in spending on clothing and …