By Reuters Published Apr 17, 2024 Beiersdorf raised its sales forecast for 2024 on Tuesday, buoyed by strong first-quarter sales of its flagship Nivea brand in all regions. The German group is now expecting sales growth of between 6% and 8%, compared with a forecast of around 5% in February. Des produits de la gamme [...]read moreBeiersdorf raises its sales forecast for 2024 after a good first quarter
By Reuters API Published Apr 16, 2024 Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter. Reuters In an unscheduled announcement, the company said it now expects full-year operating profit of about 700 million euros ($744 million), up from 500 million euros [...]read moreAdidas raises earnings guidance after strong first quarter
By Reuters API Published Apr 16, 2024 LVMH reported a 3% rise in first quarter sales on Tuesday, marking a slowdown as rising prices prompted more shoppers who aspire to own its handbags and other luxury goods to hold back on splashing out thousands of dollars. The slower quarterly sales growth reflected comparisons with the [...]read moreLVMH’s first quarter sales growth slips to 3% on luxury slowdown
By Reuters API Published Apr 11, 2024 Italian luxury group Brunello Cucinelli performed well in the first quarter, including in the Unites States and China, the group’s founder and executive chairman said on Wednesday. Reuters The group, which is focused on high-end clothing and accessories, expects to raise prices by 1-2% this year, after a [...]read moreCucinelli chairman flags strong first quarter, including in China
Good morning! It’s Friday, March 29, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla And The Terrible, Horrible, No Good, Very [...]read moreTesla Expects An Awful Sales Report For First Quarter Of 2024
Some innovations did work well. Building Assets, Reducing Risks (BARR) is the poster child for what this grant program had hoped to produce. The idea was an early warning system that detects when children are starting to stumble at school. Teachers, administrators or counselors intervene in this early stage and build relationships with students to [...]read moreOnly a quarter of federally funded education innovations benefited students, report says
By Bloomberg Published Feb 27, 2024 EBay Inc. posted a strong holiday quarter, giving investors fresh hope that the company can boost profits following steep job cuts. Ebay The company also added $2 billion to an existing stock buyback program, increasing the total repurchase authorization to $3.4 billion. Fourth-quarter profit was $1.07 a share on [...]read moreEBay reports strong holiday quarter, expands buyback plan
By Reuters Published Feb 22, 2024 Etsy Inc on Wednesday warned of a fall in first-quarter gross merchandise sales (GMS) on weak demand for handcrafted goods and personalized gifts sold at its online marketplace. Reuters Shares of Etsy declined about 4% in extended trade, as the company also reported fourth-quarter GMS that missed market expectations. [...]read moreEtsy forecasts downbeat first quarter on sluggish discretionary demand
By Reuters Published Feb 14, 2024 Canadian ecommerce services provider Shopify on Tuesday beat analysts’ estimates for fourth-quarter revenue and profit on strong demand from merchants during the all-important holiday shopping season. Reuters However, the company’s U.S.-listed and Toronto shares fell nearly 10%. Analysts pointed to the run-up in the stock for the decline and [...]read moreShopify holiday quarter results beat estimates but looming expenses drag shares
By Reuters Published Feb 2, 2024 Canada Goose Holdings forecast fourth-quarter revenue above analysts’ estimates on Thursday, as the luxury goods maker bets on a sharp rebound in crucial market China to help ride out a slowdown in the U.S. Canada Goose Shares of the company, whose luxury parkas retail for over $1,000, jumped 10% [...]read moreCanada Goose rides on China luxury demand recovery to forecast strong quarter