Macy’s Inc. is the latest retailer to post better-than-expected results only to issue a downbeat annual outlook for sales and profit, citing “external uncertainties.” The …
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Outlook
Foot Locker Outlook Weighed Down by Discounts, Weak Demand
Foot Locker Inc. forecast earnings below Wall Street’s expectations as it struggles to lure budget-conscious consumers who continue to curb spending. The sneaker retailer expects …
Adidas Sets Cautious Tone for 2025 Outlook, Flags Tariff Risk
Germany’s Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from a strong 2024, and flagged increased volatility …
Tapestry Boosts Annual Outlook on Coach Strength
Tapestry Inc. raised its guidance again for the year on stronger-than-expected sales at its biggest brand Coach. The handbag company now sees revenue of more …
LVMH Growth Boosts Luxury Outlook
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that …
Macy’s Trims Sales Outlook After Holidays Didn’t Deliver
Macy’s Inc. issued a slightly more downbeat outlook for sales in the current quarter, a sign that executives might have been too optimistic about their …
Nordstrom Bumps Up Annual Outlook, Sidestepping Retail Weakness
Nordstrom Inc. raised the lower end of its annual sales guidance after its off-price and flagship chains reported quarterly growth that was better than expected …
Gap Lifts Outlook Ahead of Key Shopping Season
Gap Inc. raised its full-year outlook for sales, with the apparel retailer saying all of its brands are gaining market share. The operator of Old …
On Boosts Outlook on Record Sales for Sneaker Upstart
On Holding AG raised its sales outlook for the year as the Swiss sneaker maker steps up its competition with bigger rivals such as Adidas …
Olaplex Lowers Fiscal-Year Outlook | BoF
Hair-care brand Olaplex projects sales to be at least $20 million lower than previously expected according to third-quarter 2024 results, indicating the company’s comeback efforts …
Ralph Lauren Raises Outlook, Bucking Broader Luxury Slowdown
Ralph Lauren Corp. raised its outlook for the year, citing strong sales in Europe and Asia and expectations for a solid holiday shopping season. The …
Next Raises Outlook Again With Profit Set to Top £1 Billion
Next Plc raised its profit guidance for the third time this fiscal year on strong sales, even as British consumer confidence weakens ahead of expected …
Crocs Shares Sink After Shoemaker Pares Back Sales Outlook
Crocs Inc.’s shares fell as much as 16 percent in US premarket trading after the seller of brightly coloured plastic clogs tempered growth expectations and …
Coty Lowers First-Quarter Sales Outlook
CoverGirl parent Coty, opens new tab on Monday estimated first-quarter like-for-like sales growth below its prior forecast due to a slowdown in the U.S., sending its …
Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand
Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated …
Birkenstock Disappoints Investors With Unchanged Outlook
Birkenstock Holding Plc disappointed investors by leaving its 2024 financial targets unchanged, even as consumers snapped up more of its high-end sandals and clogs. Shares …
Temu Owner PDD Plunges 18% After Revenue, Outlook Disappoint
PDD Holdings Inc.’s shares dived 18 percent after the Temu owner posted disappointing revenue and warned of declining growth, highlighting the challenges of sustaining its …
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 …
Snap Shares Plummet as Weak Outlook Intensifies Ad Competition Fears
Shares of Snap slumped 17 percent premarket on Friday, after a dour forecast from the Snapchat parent reinforced Wall Street’s worries that the company would …