Amazon Inc reported first-quarter revenue above Wall Street estimates on Thursday, helped by resilient demand for online shopping and its cloud services businesses. The world’s …
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Revenue
Cucinelli Posts 33% Rise in Q1 Sales, Confirms 2023 Revenue Growth Forecast
Sales at Italian luxury group Brunello Cucinelli rose 33 percent at constant exchange rates in the first quarter, driven by strong growth in the Americas …
On Returns to Profit, Surpasses $1 Billion in Revenue
The fast-growing Swiss running footwear company reported net income of CHF 57.7 million ($62.4 million), up from a loss of CHF 170.2 million in 2021, …
Brazilian Footwear Major Arezzo & Co Reports Strong 2022 Revenue Growth
The footwear and accessories conglomerate recorded full year 2022 gross revenues of 5.2 billion reais ($1.01 billion), a 43.5 percent increase from the previous year. …
Nordstrom Expects Weak Annual Revenue, to Wind Down Canadian Business
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 …
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. …