Tag: Loss

Dolce & Gabbana’s operating loss widens to 13 million euros

By Reuters Published Sep 5, 2024 Dolce & Gabbana Holding posted a wider operating loss of 13 million euros ($14.4 million) in the fiscal year through March after stepping up investments in its shop network and its beauty division which it brought in house, a filing showed. See catwalkDolce & Gabbana – Fall-Winter2024 – 2025 [...]read moreDolce & Gabbana’s operating loss widens to 13 million euros

Coupang posts first loss since 2022 as Farfetch saps profit

By Bloomberg Published Aug 7, 2024 Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in its core e-commerce business. DR South Korea’s largest online retailer posted a net loss of $77 million for the June quarter, versus an [...]read moreCoupang posts first loss since 2022 as Farfetch saps profit

Germany’s Douglas reports loss in quarter due to IPO costs

By Reuters Published May 29, 2024 German perfume and cosmetics retailer Douglas reported a net loss in the second quarter, affected by expenses linked to its IPO, the company said on Wednesday. The company reported a net loss of 41.3 million euros ($44.84 million), still a 2% improvement from a year ago but overshadowed by [...]read moreGermany’s Douglas reports loss in quarter due to IPO costs

New York regulator encourages property insurers to offer free loss mitigation

The New York Department of Financial Services (NYDFS) announced on Thursday the publication of a policy recommendation that encourages property insurers to offer free loss-mitigation options for policyholders that would ultimately reduce premium costs. NYDFS Superintendent Adrienne Harris cited the acceleration of climate-related disasters and property damage that has stressed the property insurance industry and [...]read moreNew York regulator encourages property insurers to offer free loss mitigation

Vans owner VF Corp. plunges after reporting quarterly loss

By Bloomberg Published May 23, 2024 VF Corp., the owner of the Vans, Dickies and Timberland brands, reported a loss and a seventh consecutive quarter of falling sales, sending the shares down sharply in late trading.  Vans The Denver-based apparel company reported a loss per share, excluding some items, of 32 cents, while investors had [...]read moreVans owner VF Corp. plunges after reporting quarterly loss

FOA records loss in Q1 but remains confident about improving profitability

Finance of America Companies (FOA), which controls the outgoing brands Finance of America Reverse (FAR) and American Advisors Group (AAG), recorded a net loss under generally accepted accounting principles (GAAP) of $16 million in Q1 2024 and an adjusted net loss of $7 million for the quarter, according to a recently released earnings report. Total [...]read moreFOA records loss in Q1 but remains confident about improving profitability

Lucid stock down on Q1 loss, confirms Gravity SUV on track for ‘late 2024’ launch

EV maker Lucid (LCID) reported mixed first quarter results as a wider-than-expected loss trumped the company’s confirmation that its Gravity SUV is still on track for a 2024 debut. For the quarter, Lucid reported revenue of $172.7 million, topping expectations of $150.1 million and nearly 16% higher than a year ago. Lucid’s loss per share, [...]read moreLucid stock down on Q1 loss, confirms Gravity SUV on track for ‘late 2024’ launch

eXp posts $15.6M loss in Q1 2024 

While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. In Q1 2024, the company reported a $15.6 million loss compared to a net gain of $1.5 million in Q1 2023.  Revenue at the parent company of [...]read moreeXp posts $15.6M loss in Q1 2024 

Jon Gosselin Gives Update on Weight Loss Journey and His Plan to Propose to Stephanie Lebo (Exclusive)

Jon Gosselin says his weight loss journey is coming along nicely and that a proposal to his girlfriend, Stephanie Lebo, may come sooner than she thinks. Speaking from the grand opening of the Beverly Hills Rejuvenation Center in West Hollywood on Thursday, the 47-year-old dad of eight told ET’s Brice Sander that his plan to [...]read moreJon Gosselin Gives Update on Weight Loss Journey and His Plan to Propose to Stephanie Lebo (Exclusive)

‘1000-lb Sisters’ Star Tammy Slaton Poses in Swimsuit After More Than 400-Pound Weight Loss

Tammy Slaton is proud to show off her progress. The 1000-Lb Sisters star took to Instagram this week to post a new swimsuit photo with her pal, Haley Michelle, sitting beside her.  In the pic, Tammy is rocking a blue suit with neon mermaid scale detailing. She is happily grinning at her friend who has [...]read more‘1000-lb Sisters’ Star Tammy Slaton Poses in Swimsuit After More Than 400-Pound Weight Loss