Burberry will be unable to meet its full-year revenue guidance if softer demand in the global luxury market continues, the British luxury company said Thursday. …
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Forecasts
Macy’s Forecasts Full-Year Profit Above Estimates
Macy’s Inc forecast full-year profit largely above Wall Street estimates on Thursday, as the department store operator looks to cut back on promotions to protect …
Moncler Annual Sales Climb 25%, Beat Forecasts
Sales at Italian luxury group Moncler rose 25 percent at constant exchange rates last year to come in ahead of forecasts thanks to strong contributions …
Meta Forecasts Upbeat First-Quarter Revenue, Shares Rise
Meta Platforms Inc on Wednesday forecast first-quarter revenue above Wall Street estimates, signalling a rebound in demand for digital ads after months of weak sales. The …
Snap Forecasts First Quarterly Revenue Decline; Shares Fall
Snap Inc. is forecasting its first ever quarterly revenue decline, citing a flurry of changes to Snapchat’s advertising products that may be disruptive to the …
Under Armour Cuts Annual Forecasts as Sportswear Demand Slumps
Under Armour Inc cut its annual revenue and profit forecasts on Thursday, as the sporting goods company contends with weakening demand from consumers ahead of …
Lululemon Lifts Annual Forecasts on Strong Demand From Affluent Customers
Lululemon Athletica Inc. on Thursday raised its annual profit and revenue forecasts as demand from affluent customers for its new belt bags, golf and tennis …