Fast Retailing Co. reported better-than-expected fiscal first-half profit and raised its full-year forecast on the back of higher demand for its Uniqlo casual apparel. Operating …
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Profit
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
The operator of Uniqlo, Japan’s Fast Retailing, is expected to post another quarter of strong earnings on Thursday, but the focus will be on how …
Op-Ed | Next Can Break the £1 Billion UK Profit Curse
Simon Wolfson, chief executive officer of Next Plc, on Thursday announced pretax profit of £1 billion ($1.3 billion) for the first time in the retailer’s …
Next Raises Profit Forecast, Defies Gloomy Retail Environment
Next Plc raised its guidance for sales and profit, with the fashion and homewares retailer citing a stronger-than-expected start to the fiscal year despite growing …
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance
Italian luxury group Brunello Cucinelli on Thursday said its operating profit had risen 12.9 percent last year and confirmed expectations for sales growth of around …
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says
Fast-fashion retailer Shein’s profit slumped by almost 40 percent last year, putting further pressure on a potential initial public offering in the UK, the Financial …
Canada Goose Trims Annual Profit Forecast on Dipping China Demand
Canada Goose Holdings trimmed its annual profit forecast and missed quarterly revenue estimates on Thursday due to choppy sales in key luxury goods market China, …
Puma Shares Fall After Sales and Profit Miss
Puma shares slid 18 percent on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit, raising …
Zalando Says Its Full-Year Profit to Exceed Own Target
Europe’s biggest online retailer Zalando said on Wednesday it expected its profit for 2024 to be above its own forecasts, after marketing-driven customer growth and …
Ulta Beauty Raises Annual Profit Forecast, Shares Rise
The company has seen strong engagement from younger shoppers who are on the lookout for both mass products and prestige brands such as E.l.f. Beauty …
Mytheresa Reports Sales, Profit Growth in Latest Quarter
Mytheresa continues to be a stable presence in online luxury amid a sectorwide slowdown. The German e-tailer’s sales grew 8 percent to €202 million ($214 …
Coty Sees Annual Profit at Low End of Forecast as Mass Beauty Demand Slows
Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products in …
Hugo Boss Says It Won’t Reach 2025 Revenue, Profit Targets
Hugo Boss on Tuesday reported that its third-quarter operating profit slightly exceeded expectations, but said it wouldn’t reach its revenue and profit growth targets for …
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 …
Adidas Lifts Profit Target Again Amid Retro Sneaker Demand
Adidas raised its annual profit target for the third quarter in a row amid the sustained boom for retro sneakers like the Samba and more …
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans parent VF Corp opens new tab turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement …
Kering Warns on Profit as Sales Fall 16%
Kering’s third-quarter sales fell 16 percent on a comparable basis to €3.78 billion ($4.08 billion) as a market-wide slowdown pounded the French group. Gucci, Saint …
THG Forecasts Slower Growth After Profit Misses Estimates
THG Plc warned that profitability missed analysts’ estimates and forecast sales growth will decelerate this year amid record commodity prices and continued uncertainty from the …
H&M Says It Will Miss Profit Target After Cold June Weather
Hennes & Mauritz AB shares dropped after the Swedish clothing retailer said it’s unlikely to hit a key profit target this year following a washed-out …
Coty Posts Surprise Profit as Beauty Product Sales Recover
NEW YORK, United States — Coty Inc posted a surprise quarterly profit on Friday as demand for its beauty products and fragrances recovered from lockdown lows …