Warby Parker is inching closer to full profitability. The eyewear maker reported a 13 percent year-over-year increase in revenue to $192 million in the third …
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FullYear
Shiseido Lowers Full-Year Forecast As China Slump Persists
Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a profit plunge in net income amid a persistent slump …
Levi Sees Full-Year Revenue at Low End of Its Guidance Range
Denim maker Levi Strauss & Co. narrowed its full-year revenue outlook to the bottom end of its previous range, fuelling concern that demand for the …
Walmart Lifts Full-Year Outlook on Strong Apparel Sales
Walmart Inc. raised its sales guidance for the full year, as the chain expects to draw shoppers searching for deals. The Bentonville, Arkansas-based company said …
Pandora Raises Full-Year Growth Outlook as Broader Product Range Pays Off
Pandora, the world’s biggest jewellery maker, raised its full-year growth outlook on Monday, presenting a more upbeat outlook than some other consumer goods companies as …
Adidas Improves Full-Year Guidance as Post-Yeezy Recovery Continues
Adidas grew revenue by 11 percent in its second quarter ended May 2024, compared to the same period last year, Meanwhile, second-quarter operating profit reached …
Mulberry’s Full-Year Sales Fall 4%
Mulberry, the luxury British brand best known for its leather handbags that can cost more than £1,600 ($1,998) each, has reported a 4 percent decline in …
Valentino’s Full-Year Sales Fall 3 Percent
Valentino’s revenues fell 3 percent at constant exchange rates to €1.35 billion ($1.44) last year, the Roman fashion house said Tuesday. Operating profit fell 18 percent …
Burberry Shares Fall 10 Percent As Company Forecasts Lower Full-Year Sales
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. …
Oddity Tech Raises Full-Year Growth Outlook
The parent company of makeup brand Il Makiage and Gen-Z skin care brand SpoiledChild reported $94 million in net revenue in the third quarter ending …
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 …
Puma Expects Q2 Sales Growth Below Full-Year Target
German sportswear maker Puma on Wednesday said it expected second-quarter sales to grow at a low- to mid-single-digit percentage rate, below its full-year target, due …
Rent the Runway Drops on Downbeat Full-Year Outlook
Rent the Runway Inc. fell after it reported a downbeat outlook for the remainder of the fiscal year and named a new chief financial officer. …
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 …
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 …
Capri Raises Full-Year Profit Forecast
Michael Kors owner Capri Holdings Ltd raised its full-year profit forecast on Wednesday, signalling robust demand for its luxury goods as higher-income consumers return to …