Amid a tough landscape for luxury, LVMH’s beauty category is no longer immune to the broader global slowdown. Organic revenue in the conglomerate’s perfumes and …
Tag
Showing: 1 - 20 of 76 RESULTS
Revenue
Nike to Post Worst Revenue Fall In 5 Years on Stagnant Demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to …
Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
PDD Holdings Inc.’s revenue grew a less-than-anticipated 24 percent after intensifying domestic competition and US tariffs crimped its expansion. The e-commerce company reported revenue of …
Il Makiage Owner Reports Double-Digit Revenue Growth
US-based direct-to-consumer beauty and wellness company Oddity, which owns skin and hair brand SpoiledChild and cosmetics label Il Makiage, reported record revenues of $647 million …
Coty Misses Quarterly Revenue Estimates
Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with slowing demand for cosmetics in the …
PVH Corp. Beats 3Q Revenue Estimates, Maintains Full-Year Guidance
PVH Corp. reported revenue of $2.26 billion in the third quarter, down 5 percent year-over-year and slightly beating prior estimates of a 6 to 7 …
Warby Parker Narrows Losses, Raises Full-Year Revenue Projections
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 …
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 …