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
L Brands Beats Street 4Q Forecasts
L Brands Inc. on Wednesday reported fiscal fourth-quarter net income of $636 million. The results surpassed Wall Street expectations.
L Brands Beats Street 4Q Forecasts
L Brands Inc. on Wednesday reported fiscal fourth-quarter net income of $636 million. The results surpassed Wall Street expectations.
Financial Markets
Target Trades Profit for Sales Growth in Holiday-Season Gambit
Target Corp. posted holiday sales growth that topped analysts’ estimates, boosted by a surge in online orders, though the retailer’s heavy reliance on discounts took a toll on profit during the season.
Target Trades Profit for Sales Growth in Holiday-Season Gambit
Target Corp. posted holiday sales growth that topped analysts’ estimates, boosted by a surge in online orders, though the retailer’s heavy reliance on discounts took a toll on profit during the season.
Financial Markets
Hugo Boss Plunges as Retailer Cuts Profit Outlook on US, China
Hugo Boss AG’s shares plunged after saying its profit will decline by at least 10 percent this year due to weaker-than-expected sales in the US and China.
Hugo Boss Plunges as Retailer Cuts Profit Outlook on US, China
Hugo Boss AG’s shares plunged after saying its profit will decline by at least 10 percent this year due to weaker-than-expected sales in the US and China.
Financial Markets
Macy’s Tops Estimates as Holiday Sales Fall Less Than Predicted
Macy’s Inc. posted fourth-quarter results that topped analysts’ estimates after sales declined less than projected.
Macy’s Tops Estimates as Holiday Sales Fall Less Than Predicted
Macy’s Inc. posted fourth-quarter results that topped analysts’ estimates after sales declined less than projected.
Financial Markets
Fitbit Forecasts Sales Below Estimates on Slow Rollout of Models
Fitbit Inc. forecast revenue in the current quarter that fell short of analysts’ estimates, saying the global introduction of their newest watches may push sales later into the year.
Fitbit Forecasts Sales Below Estimates on Slow Rollout of Models
Fitbit Inc. forecast revenue in the current quarter that fell short of analysts’ estimates, saying the global introduction of their newest watches may push sales later into the year.
Financial Markets
VF Corp. Falls After Fourth-Quarter Results Trail Estimates
VF Corp. slid in early trading after fourth-quarter profit and sales trailed analysts’ estimates, hurt by the sluggish consumer demand that’s taken a toll on retailers and apparel companies.
VF Corp. Falls After Fourth-Quarter Results Trail Estimates
VF Corp. slid in early trading after fourth-quarter profit and sales trailed analysts’ estimates, hurt by the sluggish consumer demand that’s taken a toll on retailers and apparel companies.
Financial Markets
Wal-Mart Cuts Growth Forecast as Currency Hampers Overseas Sales
Wal-Mart Stores Inc. lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.
Wal-Mart Cuts Growth Forecast as Currency Hampers Overseas Sales
Wal-Mart Stores Inc. lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.
Financial Markets
Puma Profit Tops Estimates as Rihanna-Designed Shoes Boost Sales
Puma SE reported fourth-quarter earnings that topped estimates as singer Rihanna helped sharpen the German sportswear brand’s focus on performance wear and women’s gear.
Puma Profit Tops Estimates as Rihanna-Designed Shoes Boost Sales
Puma SE reported fourth-quarter earnings that topped estimates as singer Rihanna helped sharpen the German sportswear brand’s focus on performance wear and women’s gear.
Financial Markets
Fossil Rises After Fourth-Quarter Sales Beat Analyst Estimates
Fossil Group Inc. rose as much as 18 percent in late trading after the watchmaker’s fourth-quarter sales topped analysts’ estimates, helped by new brands and investments in its digital operations.
Fossil Rises After Fourth-Quarter Sales Beat Analyst Estimates
Fossil Group Inc. rose as much as 18 percent in late trading after the watchmaker’s fourth-quarter sales topped analysts’ estimates, helped by new brands and investments in its digital operations.
Financial Markets
L’Oreal Sales Beat Estimates on Accelerating Growth in Luxury
L’Oreal SA reported revenue that beat analysts’ estimates as sales growth accelerated at its luxury division and in North America.
L’Oreal Sales Beat Estimates on Accelerating Growth in Luxury
L’Oreal SA reported revenue that beat analysts’ estimates as sales growth accelerated at its luxury division and in North America.
Financial Markets
Avon Reports 4Q Loss
Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.
Avon Reports 4Q Loss
Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.
Financial Markets
Adidas Sees Higher Profit After 2015 Earnings Beat Estimates
Adidas AG raised its outlook for 2016 amid growth at its Reebok brand and a stronger order book.
Adidas Sees Higher Profit After 2015 Earnings Beat Estimates
Adidas AG raised its outlook for 2016 amid growth at its Reebok brand and a stronger order book.
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.