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 …
Tag
Showing: 21 - 40 of 56 RESULTS
Outlook
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 …
Hugo Boss Plunges After Slashing Outlook on China, UK Demand
Hugo Boss shares plunged to their lowest level since 2021 after the company slashed its profit guidance for the year, citing weakness in key markets …
Abercrombie Raises Outlook, Extending ‘90s Fashion Comeback
Abercrombie & Fitch Co. raised its full-year outlook after it blew past first-quarter sales estimates and extended its bounce back from the teen fashion graveyard. …
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
Dr Martens shares plunged around 30 percent on Tuesday to a record low after the British boot maker warned of another tough year in its …
Hugo Boss’ 2024 Outlook Misses Expectations Amid Slowing Demand
Hugo Boss on Thursday forecast sales and operating profit for 2024 below market expectations and said it 2025 sales target might be slightly delayed, blaming …
E.l.f. Beauty Reports 85 Percent Sales Growth and Raises Outlook
On Tuesday, the beauty company reported an 85 percent year-on-year increase in sales in its fiscal third quarter ending in Dec., reaching $270.9 million. After …
Revolution Beauty Posts Revenue Growth, Upgrades Fiscal Outlook
In 2024 half-year results, the British beauty brand has seen revenue growth of 20 percent and an EBITDA increase of £14.3 million. The group is …
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 …
Coty Raises Annual Core Sales Outlook As Fragrances, Cosmetics Drive Demand
Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent’s …
Estée Lauder Lowers Outlook on China Weakness, Israel-Hamas War Risk
Estée Lauder Cos.’ already-battered shares plummeted still more after the beauty giant slashed its full-year outlook on troubles in China and the Middle East, dragging …
E.l.f. Beauty Raises Outlook After Sales Surged 76 Percent Last Quarter
E.l.f. Beauty’s appeal with young and price-conscious consumers shows no signs of abating. The cosmetics brand on Wednesday reported sales in its fiscal second quarter …
Yeezy Destocking Helps Lift Adidas Sales Outlook
Adidas sales should fall only slightly in 2023, a better outcome than previously expected, the sportswear giant said on Thursday, confirming strong demand for its …
E.l.f. Raises Sales Outlook | BoF
E.l.f. Beauty Inc. hiked fiscal year sales and adjusted profit expectations as inflation-weary customers drive demand for its budget-conscious brand. E.l.f. Beauty now expects sales …
Next Raises Profit Outlook on Better Weather, Consumers’ Wage Hikes
British fashion retailer Next on Monday raised its sales and profit guidance for the year, saying trading had exceeded expectations on the back of warmer …
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 …
Macy’s Falls After Cutting Outlook as Demand Trends Worsen
Macy’s Inc. said earnings will be weaker than previously expected for the full year, underscoring the uncertainty around US consumer spending through the remainder of …
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. …