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
Financial Markets
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Financial Markets
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Financial Markets
Smashbox and MAC Add Shine to Estée Lauder Profit
Cosmetics maker Estée Lauder reported a better-than-expected quarterly profit, helped by strong demand for its MAC and Smashbox makeup brands in its international markets.
Smashbox and MAC Add Shine to Estée Lauder Profit
Cosmetics maker Estée Lauder reported a better-than-expected quarterly profit, helped by strong demand for its MAC and Smashbox makeup brands in its international markets.
Financial Markets
Hugo Boss to Cut Rent Costs After Weak First Quarter
German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.
Hugo Boss to Cut Rent Costs After Weak First Quarter
German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.
Financial Markets
Black Diamond Reports 1Q Loss
Black Diamond Inc. reported a loss of $4 million in its first quarter.
Black Diamond Reports 1Q Loss
Black Diamond Inc. reported a loss of $4 million in its first quarter.
Financial Markets
Puma Confirms Guidance for Busy Sports Year
German sportswear firm Puma confirmed a cautious outlook for sales and profitability in 2016, saying a busy sports calendar and a booming women's business should help it offset the negative currency impacts.
Puma Confirms Guidance for Busy Sports Year
German sportswear firm Puma confirmed a cautious outlook for sales and profitability in 2016, saying a busy sports calendar and a booming women's business should help it offset the negative currency impacts.
Financial Markets
Nu Skin Beats 1Q Profit Forecasts
Nu Skin Enterprises Inc. has reported first-quarter earnings of $3.3 million. On a per-share basis, the Provo, Utah-based company said it had profit of six cents.
Nu Skin Beats 1Q Profit Forecasts
Nu Skin Enterprises Inc. has reported first-quarter earnings of $3.3 million. On a per-share basis, the Provo, Utah-based company said it had profit of six cents.
Financial Markets
Amazon Profit Tops Estimates as Delivery Options Fuel Growth
Amazon.com Inc.’s sales and profit topped estimates on robust demand for quick-turnaround delivery and gadgets like the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
Amazon Profit Tops Estimates as Delivery Options Fuel Growth
Amazon.com Inc.’s sales and profit topped estimates on robust demand for quick-turnaround delivery and gadgets like the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
Financial Markets
Hermès Sales Growth Slows on China, Europe Attacks
Hermès said sales growth slowed after attacks in Brussels and Paris put off some tourists and an economic slowdown in China weighed on demand.
Hermès Sales Growth Slows on China, Europe Attacks
Hermès said sales growth slowed after attacks in Brussels and Paris put off some tourists and an economic slowdown in China weighed on demand.
Financial Markets
Adidas Raises 2016 Guidance After First-Quarter Earnings Jump
Adidas hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, citing strong brand momentum.
Adidas Raises 2016 Guidance After First-Quarter Earnings Jump
Adidas hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, citing strong brand momentum.
Financial Markets
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Financial Markets
Coach Beats Forecasts
Coach Inc. has reported fiscal third-quarter net income of $112.5 million.
Coach Beats Forecasts
Coach Inc. has reported fiscal third-quarter net income of $112.5 million.
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.