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Tag: earnings

G-III earnings beat on DKNY and Karl Lagerfeld growth, reveals new Converse apparel licensing deal

September 6, 2024 No Comments Business , , , ,

G-III Apparel announced on Thursday sales for the second quarter fell 2% to $644.8 million, coinciding with the news the U.S. apparel firm has inked a new apparel licensing agreement with Nike-owned Converse. Converse Despite the sale contraction, net income for the quarter ending July 31 grew to $24.2 million, or $0.53 per diluted share, compared to $16.4 million, or $0.35 per diluted share, [...]read moreG-III earnings beat on DKNY and Karl Lagerfeld growth, reveals new Converse apparel licensing deal

Birkenstock share run-up leaves little room for earnings error

August 29, 2024 No Comments Business , , ,

By Bloomberg Published Aug 29, 2024 With shares of Birkenstock Holding Plc gaining about a third since its $1.5 billion initial public offering, the pressure is on for the orthopedic shoe company to deliver when it reports earnings Thursday. Cortesía Investors have taken in stride the prospect of a sell-down by its private equity owner, [...]read moreBirkenstock share run-up leaves little room for earnings error

PVH Q2 earnings rally despite sales declines on lacklustre international market

August 28, 2024 No Comments Business , , ,

PVH Corp. said on Tuesday revenues decreased 6% to $2.074 billion in the second quarter, hurt by dwindling sales in the U.S. company’s overseas markets, especially in Asia Pacific. Calvin Klein The owner of Calvin Klein and Tommy Hilfiger brands said second-quarter revenues were adversely impacted by a “challenging consumer environment” in Asia Pacific, particularly in China [...]read morePVH Q2 earnings rally despite sales declines on lacklustre international market

Douglas bets on European premium beauty market as earnings rise

August 14, 2024 No Comments Business , , , ,

By Reuters Published Aug 14, 2024 German perfume and cosmetics retailer Douglas is betting on the European premium beauty market to keep driving growth, it said on 14 August after reporting higher earnings for its fiscal third quarter. Photo: Shutterstock “Our continued growth clearly confirms that our strategic focus on premium beauty strongly resonates with [...]read moreDouglas bets on European premium beauty market as earnings rise

Adidas hikes 2024 earnings guidance after second-quarter beat

July 17, 2024 No Comments Business ,

By Reuters Published Jul 17, 2024 German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday, in its second upgrade this year. Adidas The success of the company’s low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike had been expected to help [...]read moreAdidas hikes 2024 earnings guidance after second-quarter beat

G-III Apparel reports strong Q1 earnings, announces partnership with AWWG for Iberian region

June 7, 2024 No Comments Business , , ,

G-III Apparel announced on Thursday net sales for the first quarter of fiscal 2025, ended April 30, were $609.7 million compared to $606.6 million in the prior year’s quarter. G-III Apparel reports strong Q1 2025 earnings, announces strategic partnership. – G-III Apparel The New York-based company reported net income for the first quarter of $5.8 [...]read moreG-III Apparel reports strong Q1 earnings, announces partnership with AWWG for Iberian region

Peter Knag joins Offerpad as CFO

May 24, 2024 No Comments Real estate ,

Knag has an extensive resume, having served in several financial leadership roles in the media, telecommunications, technology and finance sectors. He began his career in investment banking, going on to work for Lehman Brothers and First Albany Corp. He would later hold leadership roles at AT&T and was formerly the executive vice president and CFO [...]read morePeter Knag joins Offerpad as CFO

Better improves loan volume by 25% but remains unprofitable in Q1

May 14, 2024 No Comments Real estate , ,

Better Home & Finance Holding Co., the parent of digital lender Better, strongly improved its mortgage production and revenues in the first three months of 2024. But expenses continued to increase and the company remained unprofitable during the period. Better posted a net loss of $51.5 million from January to March, up from a loss [...]read moreBetter improves loan volume by 25% but remains unprofitable in Q1

Who Sank And Who Soared In Q1 2024 Earnings

May 11, 2024 No Comments Real estate

Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and [...]read moreWho Sank And Who Soared In Q1 2024 Earnings

Redfin CEO Trying Not To “Count Chickens” After Solid Q1 Earnings

May 11, 2024 No Comments Real estate , ,

A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. A [...]read moreRedfin CEO Trying Not To “Count Chickens” After Solid Q1 Earnings