Warby Parker is inching closer to full profitability. The eyewear maker reported a 13 percent year-over-year increase in revenue to $192 million in the third …
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Revenue
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 …
Cucinelli Bucks Gloomy Industry Trend With Revenue Rise
Revenues at Brunello Cucinelli rose 12.7 percent at constant exchange rates in the first nine months of the year, driven by double digit growth in the …
Levi Sees Full-Year Revenue at Low End of Its Guidance Range
Denim maker Levi Strauss & Co. narrowed its full-year revenue outlook to the bottom end of its previous range, fuelling concern that demand for the …
Nordstrom Q2 Revenue Rises on Boost From Sales Event, Shares Surge
Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as consumers remain cautious amid inflationary pressures, sending …
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 …
Macy’s Tempers Annual Revenue View on Weak Demand for Pricier Goods
Macy’s lowered its annual net sales forecast on Wednesday as inflation-weary customers hold back from spending on upscale apparel and accessories, sending shares of the …
Coty Misses Revenue Estimates on Cautious Retail Orders, Lacoste License Sale
CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on …
Alibaba Misses Quarterly Revenue Estimates
Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday, as the company’s domestic e-commerce sales came under pressure from cautious spending by Chinese …
Allbirds Meets Revenue Expectations, Narrows Losses
Allbirds’ sales fell 27 percent year over year to $52 million in the second quarter, but that was more than enough to keep the company …
VF Corp Posts Smaller Q1 Revenue Drop Than Expected, on Better China Demand
VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending …
Italian Luxury Group Zegna Posts Flat Organic Revenue
Italian fashion group Ermenegildo Zegna reported broadly flat second quarter organic revenue on Thursday as sales in the United States, Europe and Middle East helped offset …
LVMH Revenue Slip Signals Continued Gloom for Luxury
LVMH’s revenue slipped for the second consecutive quarter amid a market slowdown for luxury goods that even the sector’s leading conglomerate is struggling to shake …
Nike Posts Surprise Quarterly Revenue Drop on Choppy Demand
Nike reported a surprise drop in fourth-quarter revenue on Thursday, as the sportswear maker struggled with low demand for its apparel and footwear amid rising …
Levi Strauss Posts Quarterly Revenue Miss, Maintains Annual Forecasts
Levi Strauss fell short of market expectations for second-quarter revenue on Wednesday and maintained its annual forecast for profit and revenue, on choppy demand for …
Nordstrom’s Reaffirmed Annual Forecasts Overshadow Quarterly Revenue Beat
Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual forecasts …
Ralph Lauren Names Insider Picicci as CFO, Forecasts Dull Annual Revenue
Ralph Lauren on Thursday forecast annual revenue growth below market expectations and named insider Justin Picicci as its chief financial officer, effective immediately. The apparel …
Temu-Parent PDD Holdings Beats First-Quarter Revenue Estimates
PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and and growing consumer interest in its Chinese discount e-commerce …
VF Corp Misses Quarterly Revenue Estimates, Posts Loss
VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel …
JD.com Reports Q1 Revenue Above Estimates
Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales that have been …