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Ferragamo's sales down 4% in fourth quarter, sees "encouraging results"
Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the fourth quarter, flagging "encouraging results" from its direct-to-consumer sales which were overall flat in the last three months of the year.
H&M Sales Disappoint on Black Friday Timing
Hennes & Mauritz sales disappointed investors as the timing of Black Friday weighed on its quarterly figures while the new year has started at a slightly higher pace.
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped more than 5% on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.
H&M's fourth-quarter sales dented by late Black Friday
H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday, but said sales were up 4% in December and January, indicating a better start to the new fiscal year for the Swedish fast-fashion retailer.
H&M sales miss expectations amid Red Sea delays and late Black Friday
Daniel Erver, who was appointed as the Hennes & Mauritz boss last January, said he is confident the group is ‘on the right track’.
4h
BT’s Share Price Drops 4% As Sales Continue Slipping
Adjusted sales dropped to £5.2 billion during the three months to December, down 3% year on year, as BT's Consumer and ...
2h
Apple earnings updates: Stock dips as Wall Street watches for China iPhone sales, services business updates
Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and ...
2h
on MSN
Spanish beauty group Puig posts 14% rise in holiday sales
Spanish fashion and fragrance company Puig reported a 14.3% rise in fourth-quarter sales on Thursday, beating analysts' ...
13h
January Sales And Trends In Focus: Eyeing 3 U.S. Interim Reports
Ford, Costco, and Charles Schwab will issue monthly updates in the sessions ahead, offering clues on the state of the US ...
4h
on MSN
Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came ...
14h
on MSN
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
1d
on MSN
Trump Officials Discuss Tighter Curbs on Nvidia China Sales
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people ...
22h
on MSN
Wall Street is cautious on iPhone sales ahead of Apple earnings but analysts hope AI will shine
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could ...
1d
on MSN
Sales of Electric Heavy-Duty Trucks Are Hitting a Regulatory Wall
Heavy-duty truck manufacturers and dealers are caught in a swirl of shifting and conflicting rules over zero-emissions big ...
22h
IBM Shares Jump on Strong Sales Outlook and AI Bookings
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year ...
6d
on MSN
US home sales in 2024 fell to lowest level since 1995
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and ...
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