US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
earnings-report
Retail
Urban Outfitters Tops 2Q Forecasts
Urban Outfitters reported fiscal second-quarter earnings of $76.9 million.
Urban Outfitters Tops 2Q Forecasts
Urban Outfitters reported fiscal second-quarter earnings of $76.9 million.
Financial Markets
Coty Declines as Investors Wait for Post-P&G Deal Strategy
Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.
Coty Declines as Investors Wait for Post-P&G Deal Strategy
Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.
Financial Markets
JC Penney Reports Smaller Loss in 2Q as Sales Improve
JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.
JC Penney Reports Smaller Loss in 2Q as Sales Improve
JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.
Retail
Nordstrom Profit Tops Estimates as Rack Brand’s Sales Increase
Nordstrom posted second-quarter profit that topped analysts’ estimates, helped by higher sales at its off-price Rack chain.
Nordstrom Profit Tops Estimates as Rack Brand’s Sales Increase
Nordstrom posted second-quarter profit that topped analysts’ estimates, helped by higher sales at its off-price Rack chain.
Financial Markets
Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent
Alibaba's quarterly revenue beat analysts’ estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy.
Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent
Alibaba's quarterly revenue beat analysts’ estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy.
Financial Markets
Zalando Confirms Earnings Boost From Efficiency and New Brands
Zalando boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck.
Zalando Confirms Earnings Boost From Efficiency and New Brands
Zalando boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck.
Financial Markets
Ralph Lauren Profit Tops Estimates on Larsson’s Turnaround Plan
Ralph Lauren reported first-quarter profit that exceeded analysts’ estimates as new chief executive officer Stefan Larsson’s turnaround plan takes hold.
Ralph Lauren Profit Tops Estimates on Larsson’s Turnaround Plan
Ralph Lauren reported first-quarter profit that exceeded analysts’ estimates as new chief executive officer Stefan Larsson’s turnaround plan takes hold.
Financial Markets
China's JD.com Revenue Meets Expectations as Slowdown Continues
JD.com reported revenue for the second quarter of 2016 that was within company forecasts, even as the growth rate continued a steady decline.
China's JD.com Revenue Meets Expectations as Slowdown Continues
JD.com reported revenue for the second quarter of 2016 that was within company forecasts, even as the growth rate continued a steady decline.
Financial Markets
Coach’s Profit Exceeds Estimates as New Products Boost Sales
Coach posted fourth-quarter profit that exceeded analysts’ estimates as new products boosted sales.
Coach’s Profit Exceeds Estimates as New Products Boost Sales
Coach posted fourth-quarter profit that exceeded analysts’ estimates as new products boosted sales.
Retail
Gap Shares Drop as Dismal Store Traffic Drags Down July Sales
Gap fell in late trading after posting July comparable sales that missed analysts’ estimates and indicated that foot traffic at its stores might not improve as much as expected later in the year.
Gap Shares Drop as Dismal Store Traffic Drags Down July Sales
Gap fell in late trading after posting July comparable sales that missed analysts’ estimates and indicated that foot traffic at its stores might not improve as much as expected later in the year.
Financial Markets
Pandora Shares Drop as Q2 Sales Miss Estimates
Pandora shares fell as much as 6.8 percent in Copenhagen trading after the jewellery maker reported sales and profit that missed estimates.
Pandora Shares Drop as Q2 Sales Miss Estimates
Pandora shares fell as much as 6.8 percent in Copenhagen trading after the jewellery maker reported sales and profit that missed estimates.
Financial Markets
Adidas Comeback on North America Sales Jump
Adidas reported a 26 percent rise in North American sales, underscoring a comeback that has seen the athletic-shoe maker reclaim market share in the US from Nike Inc.
Adidas Comeback on North America Sales Jump
Adidas reported a 26 percent rise in North American sales, underscoring a comeback that has seen the athletic-shoe maker reclaim market share in the US from Nike Inc.
The News in Brief
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.