Deckers Outdoor raised its annual profit forecast after beating first-quarter estimates on Thursday, betting on strong demand for the footwear and apparel firm’s Hoka sneakers …
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Profit
Moncler’s Operating Profit Beats Expectations, Asia Boosts Revenues
Operating profit at Italian luxury group Moncler beat analysts’ expectations for the first half of the year, thanks in part to an 11 percent increase in …
Unilever India’s Profit Disappoints on Sluggish Consumer Demand
Hindustan Unilever Ltd. posted an underwhelming quarterly profit weighed down by muted consumer demand during India’s scorching summer season and rising inflation. The Indian unit …
J&J Profit Beats Expectations as Forecast Cut on M&A Costs
Johnson & Johnson’s second-quarter profit beat Wall Street projections on strong pharmaceutical sales while the company cut its full-year forecast to account for a spate …
Swatch Shares Plunge as Profit Falls 70% on China Weakness
Swatch Group AG’s shares fell the most in four years after sales and profit plunged amid a China-led slowdown for Swiss watchmakers and other luxury …
Zara Owner Inditex Profit In Line on Decelerating Sales
Fashion retailer Inditex SA was the best-performing stock in Europe after it said shoppers had been snapping up its spring and summer fashions despite poor …
Bath & Body Works Forecasts Downbeat Annual Profit on Subdued Demand; Shares Tumble
Bath & Body Works forecast full-year profit largely below market estimates on Tuesday and said it expects annual sales to drop, signalling demand for its …
Ulta Beauty Beats First-Quarter Profit Estimates on Steady Demand for Skincare and Makeup
Ulta Beauty topped market expectations for first-quarter profit on Thursday, helped by steady demand for skincare and makeup as well as easing input costs. Shares …
Indian Beauty Retailer Nykaa Posts Near Three-Fold Jump in Q4 Profit
India’s FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly three-fold jump in quarterly net profit attributable to shareholders on Wednesday …
TJX Posts Upbeat Q1, Lifts Annual Profit View on Robust Demand
TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on easing costs and strong demand for its affordable products, …
Macy’s Profit Beats Estimates as Turnaround Shows Progress
Macy’s Inc. handily beat profit estimates in the most recent quarter, leading the department-store operator to raise its outlook for the remainder of the year. …
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
Since its spinoff from Johnson & Johnson in May last year, Kenvue has focused on its 15 priority brands to boost growth and said in …
Vinted Moves Into Profit After 61% Sales Rise
The online secondhand fashion seller Vinted has reported a 61 percent rise in sales to almost €600 million, taking the company out of the red …
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its …
Levi Strauss Lifts Profit Forecast on Cost Savings, Less Discounts
Levi Strauss raised its annual profit forecast on Wednesday, citing the apparel maker’s recent cost savings from job cuts and less aggressive discounts on its …
H&M Profit Beats Estimates as Spring Range Draws Shoppers
Hennes & Mauritz AB posted better-than-expected profit in the first quarter as it cut costs and introduced new spring looks that proved more attractive to …
Lululemon Sees Annual Sales, Profit Below Estimates on Weaker Accessories Demand
Apparel retailer Lululemon Athletica on Thursday forecast annual revenue and profit below expectations, pressured by sluggish demand for the company’s premium athleisure and accessories. Shares …
Next Expects £1 Billion Profit From Higher-Spending Shoppers
Next Plc expects profit to expand to nearly £1 billion ($1.3 billion) this year as rising wages free up British shoppers to spend more on …
Ulta Beauty’s Annual Profit Forecast Misses Estimates as Costs Climb
Ulta Beauty on Thursday forecast full-year profit below Wall Street estimates after elevated supply chain costs and increased promotions hurt margins, sending its shares down …
Ferragamo’s Operating Profit Down 44% as It Works to Revive Sales
Operating profit at Salvatore Ferragamo almost halved last year from 2022, weighed down by investments the Italian luxury goods group sustained as part of efforts to …