Estée Lauder Cos. pulled its guidance for the year, citing uncertainty over a new chief executive and weak demand in China. The New York-based company …
Tag
Showing: 1 - 20 of 20 RESULTS
Guidance
Adidas Raises 2024 Guidance Again, Citing Good Brand Momentum
Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits …
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 …
Next Ups Profit Guidance on International Growth
Next has said international tastes in fashion are “converging” as tech platforms expose consumers to international trends, boosting the retailer’s overseas sales and helping it …
Amer Sports Raises Guidance After Strong Second-Quarter Earnings
Finnish sports conglomerate Amer Sports said sales at its Arc’teryx and Salomon brands grew by double-digit percentages, helping the company narrow its losses and beat …
Next Raises Guidance as British Retailer’s Sales Soar Abroad
Next Plc raised its guidance for the year after the British fashion and homewares company said shoppers ordered more of its products from abroad. The …
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 …
Spain’s Puig Sets IPO Price Guidance at Top of Range
Spanish beauty and fragrance group Puig Brands SA and its founding family said the price for the company’s initial public offering will be at the …
Italy’s Cucinelli Posts 39% Jump in 2023 EBIT, Confirms Guidance
Italian luxury group Brunello Cucinelli said on Thursday its operating profit rose 39.4 percent last year and it confirmed its expectations for sales growth of …
Victoria’s Secret Falls on Weak Guidance in Faltering Turnaround
Victoria’s Secret & Co. reported net sales guidance for the full year that fell short of analysts’ expectations, underscoring the retailer’s struggle to grow as …
Next Raises Guidance Again on Strong Third Quarter Sales
Next Plc, the British clothing and homeware chain, raised profit guidance for the fourth time in recent months after sales in its third quarter grew …
Olaplex Plunges After Weak Demand Drives Guidance Cut
Olaplex Holdings Inc. shares sank in early trading after the haircare company cut its full-year sales guidance amid weak demand. “Retail channels experienced slower demand, …
Next Raises Annual Profit Guidance
British fashion retailer Next raised its guidance for annual profit by £10 million ($12.7 million) to £845 million on Thursday, after full price sales and …
Hugo Boss Guidance Upgrade Leaves Investors Wanting More
Hugo Boss AG raised its sales and profit guidance again for 2023 after second-quarter sales growth beat estimates as demand surged for its latest mens …
Adidas Improves Earnings Guidance After Selling Some Yeezy Shoes
Adidas AG improved its guidance for the year after starting to sell its inventory of Yeezy sneakers from a cancelled partnership with the rapper and …
Next Keeps Profit Guidance After Quarterly Sales Edge Lower
British fashion retailer Next maintained its guidance for annual profit after reporting a smaller decline in first-quarter sales than it expected, saying it was too …
Dutch, Norwegian Regulators Issue Guidance on Controversial Higg Tool
The Norwegian Consumer Authority (NCA) and Netherlands Authority for Consumers and Markets (ACM) have jointly authored an 11-page document outlining how the Sustainable Apparel Coalition should improve the …
Italian Fashion Group Zegna Raises Guidance for 2022
Italian fashion group Ermenegildo Zegna raised its full-year guidance on Friday after reporting a 21 percent increase in half-year revenue. The company, which is listed …
Hugo Boss Raises Guidance After Strong Second Quarter
The German retailer anticipates sales in 2022 to increase between 20 percent and 25 percent to hit a new “record level” between €3.3 billion and …
Zalando Plunges After Cutting Guidance on Worsening Economy
The German e-tailer’s shares tumbled the most in more than three years after Europe’s largest online retailer slashed its profit forecast, blaming worse-than-anticipated macroeconomic conditions. …