Luxury-goods retailer Hermes posts higher profit, revenue

Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss......»»

The dating-app company reported first-quarter user and revenue growth and profit, greatly exceeding expectations and sending its shares briefly higher in extended trading on a day when they reached an all-time intraday low......»»

SK Hynix has reported operating profit climbed 37% sequentially and 66% on year to KRW1.32 trillion (US$1.19 billion) in the first quarter of 2021, while revenue grew 7% on quarter and 18% from a year earlier to KRW8.49 trillion......»»

Luxury online retailer Mytheresa has appointed Heather Kaminetsky to lead the company’s expansion into the North American market. The retail veteran will join the company as president for North America effective June 1, overseeing from New .....»»

iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCPK: ITHUF) reported Thursday its revenue went up by 93.5% year-over-year to $151.7 million in 2020. Fourth-quarter revenue amounted to $46 million. read more.....»»

On Tuesday, Adobe Inc (NASDAQ: ADBE) reported higher profit and revenue along with raising its projections for.....»»

The brokerage, which is owned by its partners, posted higher profit, net revenue, total client assets and financial advisers for 2020......»»

SK Hynix has reported operating profits of KRW966 billion (US$0.87 billion) on consolidated revenue of KRW7.97 trillion for the fourth quarter of 2020, representing sequential decreases of 26% in profits and 2% in revenue......»»

Shares of CarMax Inc. fell 1.4% in premarket trading Tuesday, after the used-car retailer beat profit and revenue expectations, but same-store sales that surprisingly declined, as demand softened i.....»»

Sportswear giant reports higher profit and revenue, boosted by China and 84% jump in digital sales.....»»

Shares of Lululemon Athletica Inc. rose nearly 3% in the extended session Thursday after the retailer reported profit and sales above Wall Street expectations, with online sales accounting for more than 40% of its total revenue for the quarter and .....»»

The U.S.-listed shares of JD.com Inc. rallied 3.1% in premarket trading Friday, after the China-based internet retailer reported first-quarter profit and revenue that beat expectations, as the company was able to rema.....»»

Cannabis company&.....»»

Cisco Systems Inc. showed stronger resilience in its earnings than expected Wednesday and shares went higher in after-hours trading, but the tech giant’s sales are declining amid the COVID-19 pandemic......»»

Global sales of personal luxury goods are expected to fall 60% in the second-quarter of 2020 due to the coronavirus pandem.....»»

Shares of AutoNation Inc. were indicated up over 2% in premarket trading Monday, after the new and used car retailer reported first-quarter profit that beat expectations, but revenue that fell a bit shy as 95% of its revenue were from states with.....»»

Cronos Group Inc. said Friday.....»»

Increased demand for groceries and products drove Amazon revenue higher than expected. But costs of hiring and improved.....»»

Cannabis retailer Fire & Flower Holdings Corp. (TSX:FAF) released its 2019 fiscal year financial results for the period ending Feb. 1, 2020. The Edmonton, Canada-based company posted re.....»»

A surge in online sales for Target in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said Thursday......»»