Nordstrom Inc forecast full-year revenue below Wall Street estimates on Thursday, signaling high inflation levels were dampening consumer spending on discretionary items while the retailer …
Revenue
Warby Parker Beats Revenue Estimates, Narrows Losses
The eyewear maker on Tuesday reported a 10 percent increase in revenue to $147 million in the final quarter of 2022, coming in above company …
Lanvin Group Reports 38 Percent Revenue Increase in 2022
Lanvin Group reported on Friday unaudited annual revenue of €425 million ($454.5 million) for 2022, a 38 percent increase year-over-year. It marks the first time …
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 …
Ralph Lauren Beats Quarterly Revenue Estimates
Ralph Lauren Corp beat Wall Street expectations for quarterly revenue on Thursday, as demand for its high-end clothing and accessories held up amid expectations of …
Unsold Yeezy Stock Could Mean $1.29 Billion Revenue Hit, Says Adidas
Adidas said on Thursday its revenue grew by 1 percent in currency-neutral terms in 2022, lagging its forecasts, and flagged that it expects a high …
Meta Forecasts Upbeat First-Quarter Revenue, Shares Rise
Meta Platforms Inc on Wednesday forecast first-quarter revenue above Wall Street estimates, signalling a rebound in demand for digital ads after months of weak sales. The …
Snap Forecasts First Quarterly Revenue Decline; Shares Fall
Snap Inc. is forecasting its first ever quarterly revenue decline, citing a flurry of changes to Snapchat’s advertising products that may be disruptive to the …
Levi Revenue Beats Expectations as Denim Demand Holds Up
Levi Strauss & Co. reported quarterly revenue that exceeded expectations, suggesting fears of a denim slowdown were overblown amid strong momentum in the direct-to-consumer business …
THG Warns on Profit After Major Revenue Miss
Online retail platform THG warned on profit on Tuesday after its revenue growth missed its target, which it blamed on the termination of some loss-making OnDemand sales, …
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 …
Lululemon Raises Annual Revenue Forecast on Strong Demand for Sportswear
Lululemon Athletica Inc raised full-year revenue forecast on Thursday, signaling strong demand from affluent US consumers for its high-priced yoga pants, running shorts and belt …
Ted Baker’s Store Revenue Gains on Recovering Footfall, Formalwear Sales
British fashion group Ted Baker Plc said on Friday people were returning to its high-street stores and buying more formalwear and childrenswear, boosting its store …
Gap Tops Revenue Estimates on Strong Demand for Banana Republic Apparel
Gap Inc. beat revenue estimates on Thursday on strong sales at its Banana Republic division, but withdrew its annual forecasts as the apparel chain struggles …
Coty Rides Beauty Boom, Beats Revenue Estimates
Coty Inc on Thursday beat Wall Street expectations for fourth-quarter revenue and said the beauty category was blemish free with no signs of slowing in the …
Nike Quarterly Revenue Beats on Athletic Wear Demand
Nike Inc beat analysts’ estimates for quarterly revenue on Monday, benefiting from strong demand for its athletic apparel and sneakers in North America and Europe. …
Rent the Runway Revenue, Active Users Rise
The luxury rental company reported revenue of $67.1 million for the first quarter of 2022, up from $33.5 million in 2021. Gross margin was up …
Growing International Sales Boost Gymshark Revenue and Profits
The UK-based activewear brand reported a 54 percent increase in revenue in the year ending July 31 2021, according to accounts filed to the UK’s …
Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength
Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South East Asia and Latin America, sending …
Brazilian Footwear Giant Arezzo & Co Posts Q1 Revenue Growth
The footwear and accessories conglomerate reported an adjusted net income of 58 million Brazilian reais ($11.34 million) in the first quarter of 2022, an increase …