Luxury-goods retailer Hermes posts higher profit, revenue

Hermes, which is best known for its leather bags, said net profit rose to 754 million euros ($832.6 million) from €706 million in the same period a year ago.....»»

Category: topSource: marketwatchSep 11th, 2019

Dow Jones Newswires: AXA posts strong net profit rise for 2019 and lifts its dividend

AXA SA said Thursday that its earnings rose strongly in 2019 while revenue ticked higher thanks to growth in all business areas, and it increased its dividend......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: Kering revenue rises, while net profit falls on one-offs

The French luxury-goods conglomerate reported fourth-quarter revenue of 4.36 billion euros ($4.76 billion), up 11% on a comparable basis and bringing revenue for the year up to EUR15.88 billion, in line with analysts’ expectations of EUR15.8 billion......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: Merck posts higher profit and revenue as it lifts sales forecast

Merck said it now expects to report overall sales of between EUR15.7 billion and EUR16.3 billion for 2019, from between EUR15.3 billion and EUR15.9 billion......»»

Category: topSource: marketwatchNov 14th, 2019

Cigna posts second-quarter profit beat, raises 2019 earnings forecast

Health insurer Cigna Corp raised its forecast for full-year adjusted earnings on Thursday after posting a better-than-expected profit in the second quarter, helped by higher revenue from its pharmacy benefits unit and its commercial health plans......»»

Category: topSource: reutersAug 1st, 2019

P&G posts strong sales, takes $8 billion Gillette writedown

Procter & Gamble Co's quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world's No.1 personal goods company took an $8 billion charge on its Gillette shaving business......»»

Category: topSource: reutersJul 30th, 2019

P&G posts strong profit amid $8 billion writedown of Gillette

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal goods company took an $8 billion writedown on its Gillette shaving business......»»

Category: topSource: reutersJul 30th, 2019

Wells Fargo posts higher profit on cost controls, rise in loans

Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs......»»

Category: topSource: reutersJul 16th, 2019

Home Depot posts strong profit, revenue

Home Depot is reporting better than expected profit and revenue for the first quarter, shares fell slightly before the opening bell on the home improvement retailer's reported comparable store sales. .....»»

Category: topSource: moneycentralMay 21st, 2019

Citigroup posts revenue decline in first quarter as profit tops estimates

Citigroup Inc. shares were slightly higher in premarket trade Monday, after the bank posted a decline in revenue for the first quarter. The company said it had net income of $4.7 billion, or .....»»

Category: topSource: marketwatchApr 15th, 2019

Reliance Power posts 16% rise in Q4 profit on higher electricity generation

Revenue from operations or turnover was, however, lower at Rs 24 billion when compared with Rs 25.9 billion in the year-ago period.....»»

Category: topSource: business-standardApr 19th, 2018

CBS Posts Higher Profit, Revenue

CBS reported better-than-expected revenue for the second quarter, results that come as the media company’s board investigates allegations of sexual harassment against its chairman and chief executive, Leslie Moonves......»»

Category: smallbizSource: wsjAug 2nd, 2018

At Macy"s, the Share Price Got a Bit Ahead of the Fundamentals

The department store chain delivered profit and revenue beats for the second quarter, plus higher guidance. But the stock sank as investors reassessed the retailer's longer-term performance......»»

Category: topSource: foxnewsAug 20th, 2018

Gap"s namesake brand posts disappointing sales; shares fall

Apparel retailer Gap Inc's namesake brand reported a bigger-than-expected drop in quarterly same-store sales, overshadowing strength in revenue and profit beat and pushing the company's shares down nearly 7 percent in after-market trading on Thursday......»»

Category: topSource: reutersAug 23rd, 2018

Bed Bath & Beyond Reports Lower Comparable Sales, Profit Than Expected

The home goods retailer reported flattish revenue in the latest quarter, with a drop in store sales that missed analysts’ expectations......»»

Category: smallbizSource: wsjSep 26th, 2018

General Electric posts fourth-quarter profit, revenue beat; shares rise

U.S. industrial conglomerate General Electric Co reported a $666 million profit from continuing operations for the fourth quarter, recovering from a $11.2 billion loss a year ago, sending its shares sharply higher......»»

Category: topSource: reutersJan 31st, 2019

21st Century Fox Posts Higher Profit on Increased Revenue, Sale of Sky Stake

21st Century Fox’s quarterly profit rose, fueled by strong performances in cable and filmed entertainment, and a one-time gain related to its sales of shares in Sky......»»

Category: smallbizSource: wsjFeb 7th, 2019

Beyond Meat posts profit miss, dragged by investment, marketing costs; shares fall

Beyond Meat Inc on Thursday missed quarterly earnings expectations due to higher costs, and said Executive Chairman Seth Goldman would give up his executive status, while remaining chair of the board, sending shares down 10% in after-hours trade......»»

Category: topSource: reutersFeb 27th, 2020

Farfetch stock gains after online retailer posts narrower Q4 loss

Shares of Farfetch Ltd. rose more than 5% in the extended session Thursday after the online luxury retailer reported a narrower-than-expected adjusted fourth-quarter loss and sales topped views. Farfetch lost $110 million, or 34 cents a sha.....»»

Category: topSource: marketwatchFeb 27th, 2020

MedMen Shares Plunge After Cannabis Retailer Posts $74.78M Q2 Net Loss

Cannabis retailer MedMen Enterprises Inc. (OTC: MMNFF) (CSE:MMEN) reported Wednesday with fiscal second-quarter revenue of $44.1 million,.....»»

Category: earningsSource: benzingaFeb 27th, 2020

Strong housing market boosts Home Depot sales

Home Depot benefited from a solid U.S. housing market and higher job growth, helping the home improvement retailer beat sales and profit estimates. Fred Katayama reports......»»

Category: videoSource: reutersFeb 25th, 2020