Finance News – Sales
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Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown
Richemont experienced a notable increase in stock value following quarterly sales that exceeded forecasts, driven by strong demand from affluent consumers despite broader market ch...
Read Full Article →Alibaba reports slower-than-forecast sales, and its stock slides
Alibaba's latest earnings showed an increase in profits, but revenue growth fell short of market expectations, leading to a decline in the company's stock value.
Read Full Article →American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle experienced a notable decrease in its stock value following the removal of its financial forecast and a significant inventory charge, signaling anticipated lower sal...
Read Full Article →22nd Century Group Reports First Quarter 2025 Financial Results
The company experienced a significant rise in revenue during the initial quarter of 2025, reflecting the successful implementation of its growth initiatives spanning various produc...
Read Full Article →Weight loss drugs are squeezing the food industry
The rapid success of GLP-1 medications is driving substantial revenue growth for pharmaceutical companies while simultaneously reducing consumer spending and demand within the food...
Read Full Article →Topgolf Callaway wants to focus on golf equipment, but expects more competition there
Topgolf Callaway anticipates increased rivalry in its golf gear segment, which may impact future earnings, despite reporting stronger-than-expected adjusted profits and steady firs...
Read Full Article →With foreign tourists boycotting the U.S., businesses brace for falling sales
The decline in international visitors to the U.S. is expected to negatively impact revenue for various industries reliant on tourism, potentially leading to broader economic challe...
Read Full Article →Trump Media’s losses narrow, sales rise in first quarter of Trump 2.0 era
In the initial quarter of its renewed phase, the company experienced reduced financial deficits alongside increased revenue, aiming to achieve significant growth within the America...
Read Full Article →DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally
DraftKings reported a smaller-than-anticipated quarterly loss but indicated that fewer surprising game results during March limited its ability to improve revenue projections for t...
Read Full Article →Dutch Bros’ earnings results show not everything is terrible for coffee chains
Dutch Bros Inc.’s positive sales outlook contributed to a rise in its shares following earnings, highlighting a more hopeful financial perspective for some coffee chains amid indus...
Read Full Article →Novo Nordisk cuts 2025 guidance on weaker-than-expected Wegovy sales, posts first-quarter profit bea...
Despite reporting higher-than-anticipated first-quarter earnings, Novo Nordisk adjusted its 2025 revenue outlook downward due to slower demand for Wegovy, impacting overall financi...
Read Full Article →Upstart tumbles on second-quarter outlook, even as its full-year forecast gets more upbeat
Upstart Holdings Inc. experienced a sharp decline in stock value following its announcement of a disappointing second-quarter performance, despite projecting improved financial res...
Read Full Article →Fashion retailer Hugo Boss shares pop 5% on better-than-feared first-quarter sales
Hugo Boss experienced a notable increase in its stock value following the announcement of a smaller sales drop than expected in the first quarter, maintaining confidence in its ann...
Read Full Article →'Dumpster fire': Retailers urge shoppers to buy now before tariffs raise prices
Retailers are encouraging consumers to make purchases promptly to avoid potential price increases resulting from upcoming tariffs, aiming to maintain sales momentum before consumer...
Read Full Article →Here’s why Apple’s stock is getting dumped despite solid earnings results
Despite reporting strong iPhone sales that exceeded expectations, Apple's lack of clarity about potential tariff impacts caused concern among investors, leading to a decline in the...
Read Full Article →Automakers report significant April sales increases amid tariff fear-buying, but the good times may...
Automakers experienced notable sales growth in April due to consumers purchasing vehicles in anticipation of potential tariffs, although this surge is expected to diminish as the m...
Read Full Article →AELF Announces Strategic Partnership With Turbo Resources International for Surplus Parts Sales
AELF has formed a partnership with Turbo Resources International to manage surplus parts sales, potentially enhancing its revenue streams and operational efficiency in the aviation...
Read Full Article →Anthropic's Claude can now generate invoices on PayPal and analyze sales on Square
Anthropic's Claude AI has introduced integrations with PayPal and Square, enabling users to generate invoices and analyze sales, thereby enhancing financial management capabilities...
Read Full Article →McDonald’s reports largest U.S. same-store sales decline since 2020
McDonald’s experienced its largest decline in same-store sales in the U.S. since 2020, surpassing earnings per share expectations but not meeting revenue targets for the first quar...
Read Full Article →Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer...
Eli Lilly experienced a significant increase in sales attributed to strong demand for its weight loss and diabetes medications, yet adjusted its profit forecast following a recent...
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