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Tag: estimates

Birkenstock misses quarterly profit estimates as expansion plan hits margins

August 30, 2024 No Comments Business , , , , ,

By Reuters Published Aug 30, 2024 Birkenstock missed quarterly profit expectations on Thursday as the German sandal maker’s global expansion drive and production ramp-up compressed its margins, sending its shares down 12% in early trading. Birkenstock The company has been opening more stores in newer markets such as India and Japan amid robust global demand [...]read moreBirkenstock misses quarterly profit estimates as expansion plan hits margins

Coty misses revenue estimates on cautious retail orders, Lacoste license sale

August 21, 2024 No Comments Business , , , ,

By Reuters Published Aug 21, 2024 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 growth in prestige and mass-market perfumes. CoverGirl Its decision to sell the Lacoste license back to Lacoste resulted in a 2% impact on [...]read moreCoty misses revenue estimates on cautious retail orders, Lacoste license sale

Federer-backed On beats sales estimates on full-price selling

August 13, 2024 No Comments Business , ,

By Reuters Published Aug 13, 2024 On Holding beat analysts’ estimates for second-quarter revenue on 12 August on strong demand from customers looking for trendy products but shares fell 8% premarket after the company reiterated its annual sales forecast. On Running The company maintained its 2024 net sales expectations of at least 30% growth, reflecting [...]read moreFederer-backed On beats sales estimates on full-price selling

E.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously

August 9, 2024 1 Comment Business , , ,

By Reuters Published Aug 9, 2024 E.l.f. Beauty forecast annual sales and profit below estimates on 8 August and said it would raise prices of its products if Republican presidential candidate Donald Trump comes to power and hikes tariffs on imports from China. E.L.F. Beauty Shares of the company plunged about 10% in extended trading, even [...]read moreE.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously

Shopify beats estimates for quarterly results on AI boost, shares soar

August 7, 2024 No Comments Business , , ,

By Reuters Published Aug 7, 2024 Shopify beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its U.S. shares up 17% before the bell on Wednesday. Reuters The Canadian company, which helps small and medium businesses build an online store as [...]read moreShopify beats estimates for quarterly results on AI boost, shares soar

EBay beats quarterly results estimates on steady demand for refurbished goods

August 1, 2024 No Comments Business , , , ,

By Reuters Published Aug 1, 2024 EBay exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand for pre-owned goods, cost-effective automotive parts and accessories. Ebay The e-commerce giant’s third-quarter revenue forecast, however, fell short of analysts’ estimates, signaling effects of a tough economy. The company’s strategic focus on specialized categories, such [...]read moreEBay beats quarterly results estimates on steady demand for refurbished goods

India’s Reliance Industries Q1 profit misses estimates on lower fuel sales margin

July 20, 2024 No Comments Business , , , ,

By Reuters Published Jul 20, 2024 India’s Reliance Industries, a retail-to-telecom conglomerate, reported first-quarter profit on Friday that missed estimates, hurt by lower margins on fuel sales. The billionaire Mukesh Ambani-led company, India’s largest by market value, said its consolidated profit fell to 151.38 billion rupees ($1.81 billion) in the April-to-June quarter, from 160.11 billion [...]read moreIndia’s Reliance Industries Q1 profit misses estimates on lower fuel sales margin

The 5 Most Expensive Investment Property Losses—Plus Damage Estimates and Mitigation Tips

June 11, 2024 No Comments Real estate , , , ,

In This Article   This article is presented by NREIG. Read our editorial guidelines for more information. Property insurance provides crucial protection for investment properties, offering financial protection against a variety of risks that could otherwise lead to devastating losses. According to the Insurance Information Institute, about one in 20 insured homes file a claim each year. [...]read moreThe 5 Most Expensive Investment Property Losses—Plus Damage Estimates and Mitigation Tips

American Eagle misses quarterly sales estimates on cautious consumer spending

May 30, 2024 No Comments Business , , , ,

By Reuters Published May 30, 2024 American Eagle Outfitters on Wednesday missed Wall Street estimates for quarterly revenue as sticky inflation hurt demand for its apparel and accessories often sold at full price. American Eagle Shares of American Eagle fell more than 8% in trading after the bell as the company also maintained its fiscal [...]read moreAmerican Eagle misses quarterly sales estimates on cautious consumer spending

Under Armour’s shares sink after forecast misses estimates

May 16, 2024 No Comments Business , ,

By Bloomberg Published May 16, 2024 Under Armour Inc. stock tumbled in premarket trading after the sportswear maker gave a full-year outlook that fell short of Wall Street’s expectations. Under Armour – Facebook: Under Armour The company is going through a transitional period as founder Kevin Plank, who stepped down from the CEO position in [...]read moreUnder Armour’s shares sink after forecast misses estimates