Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday …
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Forecast
Foot Locker Raises Forecast on Strong Thanksgiving Week
Foot Locker Inc. raised its full-year forecast, citing strong results over Thanksgiving week and progress on its strategic growth plan. The athletic retailer now expects …
American Eagle Raises Annual Revenue Forecast on Strong Holiday-Season Demand
American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the …
Bath & Body Works Trims Sales Forecast as Demand Slows Into Holiday Season
Bath & Body Works lowered its annual sales forecast on Thursday on signs of slowing demand ahead of the crucial holiday season, as customers cut …
Shiseido Posts Biggest Drop in 16 Years After Forecast Cut
Shiseido Co. posted its steepest decline in 16 years after the Japanese cosmetics maker cut its full-year profit forecast on slower demand from Chinese consumers, …
Shiseido Slashes Profit Forecast on Fukushima Water Release
Shiseido Co. slashed its full-year profit forecast on slower demand from Chinese consumers following the release of treated radioactive water at Fukushima. The Japanese cosmetics …
Pandora Raises Sales Forecast After Q3 Profit Beat
Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its …
Under Armour Cuts Revenue Forecast on North America Concerns
Under Armour Inc. cut its full-year revenue forecast, citing weaker demand in its home market of North America in the second half of the fiscal …
Canada Goose Cuts Sales Forecast on Rocky China Recovery, Appoints New CFO
Canada Goose Holdings cut its annual sales forecast on Wednesday, in a sign that a sharp rebound in China was starting to falter and sales …
American Eagle Sees Second-Quarter Revenue Above Previous Forecast
American Eagle Outfitters said on Thursday it expects revenue and operating income for the second quarter to be above the prior forecast, sending its shares …
Fast Retailing Raises Forecast as Operating Profit Surges
Japan’s Fast Retailing , the owner of clothing brand Uniqlo, reported on Thursday that its nine-month operating profit soared 22 percent. Profit rose to 330.6 …
Nike Expected to Forecast Profit Below Wall Street Estimates
Nike is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant’s products from wholesalers such as Foot Locker and …
Abercrombie & Fitch Raises 2023 Sales Forecast
Abercrombie & Fitch Inc on Wednesday reported a surprise quarterly profit and raised its annual sales forecast, as the apparel retailer bets on its efforts …
Tapestry Lifts Forecast as Coach Bags Defy US Luxury Gloom
Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases, strong demand for its Coach handbags and a sharp rebound in China …
Coty’s Fragrances Sweeten Profit Forecast After Strong Beat
Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient …
Cucinelli Posts 33% Rise in Q1 Sales, Confirms 2023 Revenue Growth Forecast
Sales at Italian luxury group Brunello Cucinelli rose 33 percent at constant exchange rates in the first quarter, driven by strong growth in the Americas …
Cucinelli Raises Sales Growth Forecast for 2023
Italian luxury group Brunello Cucinelli on Wednesday raised its sales growth guidance for 2023 to 15 percent, up from its previous estimate of 12 percent, …
Shopify Drops as Revenue Outlook Misses Analysts’ Forecast
Shopify Inc. tumbled in after-hours trading after giving a sales outlook for the start of the year that fell short of analysts’ estimates, a sign …
Tapestry Raises Annual Profit Forecast
Luxury group Tapestry Inc raised its annual profit forecast on Thursday, helped by resilient demand and its strategy to largely use company-owned stores and its …
Superdry Cuts Full-Year Profit Forecast to Breakeven
Britain’s Superdry, on Friday, cut its profit forecast for the year and now expects to broadly break even as its wholesale segment underperformed amid rising …