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 →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 →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 →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 →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 →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 →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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