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 …
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Outlook
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. …
Beiersdorf Raises 2023 Sales Outlook
Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 12.2 percent hike in preliminary organic group sales in the first …
Primark Owner Raises Outlook on Consumer Resilience
Primark owner Associated British Foods on Monday raised its financial guidance for full year 2022-23, saying consumer spending had proven to be more resilient than it …
Shopify Drops as Revenue Outlook Misses Analysts’ Forecast
Shopify Inc. tumbled in after-hours trading after giving a sales outlook for the start of the year that fell short of analysts’ estimates, a sign …
E.l.f. Beauty Raises Full Year 2023 Outlook
The beauty company today said its net sales grew by 49 percent in the third quarter ended Dec. 31, 2022, to $146.5 million. Analysts were …
Nordstrom Cuts Annual Profit Outlook as Off-Price Rack Sales Fall
Nordstrom Inc slashed its annual profit forecast after heavy discounting failed to sway people shopping at its off-price Rack stores, leading to weak holiday sales and …
JD Sports Lifts Outlook After 20 Percent Christmas Revenue Growth
JD Sports expects young shoppers not yet saddled with household bills to defy the economic gloom and keep buying Nike trainers and other sportswear, after …
Britain’s Next Sees Lower Profit in 2023 as Consumer Outlook Darkens
British clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertainty over whether consumers would keep spending during a recession and as the …
Hugo Boss Raises Outlook as Revamp Brings in Younger Buyers
Hugo Boss AG raised its sales and profit outlook for the year after a strategy shift kindled demand, but analysts called the upgrade disappointing after …
Next Sticks to Outlook After Quarterly Sales Rise
British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported a 0.4 percent rise in third-quarter full-price sales, slightly ahead …
Teva’s Slide Slippers Will Change Your Fall Footwear Outlook
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