Ralph Lauren Corp on Thursday topped market estimates for quarterly revenue, as wealthier shoppers unaffected by inflation splurged on the company’s high-end clothing and footwear. …
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Estimates
LVMH Beats Estimates, Blames Tourist Shopping for Slowing US Growth
LVMH’s third quarter revenues rose 20 percent on an organic basis to €19.8 billion ($19.3 billion). The group’s fashion and leather goods division, including profit …
Gap Tops Revenue Estimates on Strong Demand for Banana Republic Apparel
Gap Inc. beat revenue estimates on Thursday on strong sales at its Banana Republic division, but withdrew its annual forecasts as the apparel chain struggles …
Coty Rides Beauty Boom, Beats Revenue Estimates
Coty Inc on Thursday beat Wall Street expectations for fourth-quarter revenue and said the beauty category was blemish free with no signs of slowing in the …
Victoria’s Secret Sales Fall But Beat Wall Street Estimates
The lingerie brand reported net sales of $1.5 billion for the first quarter of 2022, a decrease of 4.5 percent compared to the same period …
Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength
Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South East Asia and Latin America, sending …
JD Sports Lifts Profit Estimates, Sales Rise
Britain’s JD Sports Fashion raised its annual profit outlook for 2022 on Thursday as people spent more on athleisure and sportswear, and pointed to upbeat …
Levi Strauss Results Top Estimates on Strong Demand, Price Hike
Levi Strauss & Co quarterly results beat Wall Street estimates on Wednesday, helped by price increases and strong demand for its jeans, tops and jackets …
Nike Beats Quarterly Revenue Estimates Boosted by North America Demand
Nike Inc. beat quarterly revenue estimates on Monday, helped by robust holiday demand for its sports shoes and apparel in North America. The world’s biggest …