Tag: Consumer Discretionary

Target forecast another year of lackluster sales as it reported better-than-expected holiday-quarter results.

LONDON/NEW YORK, Nov 29 (Reuters) – Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.

Macy’s will open up to 30 more stores in strip centers, as it thinks outside of the shopping mall.

The U.S.-listed shares of PDD Holdings Inc.  powered up 12.7% toward a five-month high in premarket trading Tuesday, after the China-based mobile marketplace company reported second-quarter results that beat expectations by a wide margin, as a “positive shift” in consumer sentiment led to a rise in demand.

Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while also disclosing an investment from PepsiCo Inc (PEP.O).

 Ulta Beauty on Thursday raised its annual earnings and revenue forecast bolstered by resilient demand for its premium cosmetics and fragrances despite a broader decline in discretionary spending, and posted a better-than-expected quarterly profit.

CoverGirl parent Coty forecast annual profit below Wall Street expectations on Tuesday, signaling a hit from steeper input and labor expenses even as the company raised product prices to shield itself from higher costs and a strong dollar.

Macy’s delivered better-than-expected second-quarter earnings but said it was taking a cautious approach to guidance given the ongoing macroeconomic pressures facing consumers.

Michael Kors owner Capri CPRI –1.70% Holdings’ stock surged 58% ahead of the open Thursday as rival Tapestry , parent of the Coach brand, announced a deal to buy the global luxury fashion group.

CVC Capital Partners is exploring a potential stock market listing of German perfume and cosmetics retailer Douglas, people familiar with the matter told Reuters on Wednesday.

Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its initial public offering (IPO), people familiar with the matter said on Tuesday.

Η αξία των εξαγωγών ανήλθε κατά την τρέχουσα περίοδο σε 18 εκατ. ευρώ έναντι 22,2 εκατ. ευρώ το πρώτο εξάμηνο του 2022, μειωμένη κατά 18% αντιπροσωπεύοντας το 56% του συνολικού κύκλου εργασιών.

July 28 (Reuters) – Procter & Gamble (PG.N) on Friday beat analysts’ estimates for quarterly sales and profit buoyed by the consumer goods giant’s multiple price hikes even as it joined other multinational companies in flagging weak demand in China.

Οι πωλήσεις του Ομίλου JUMBO κατά τον Απρίλιο 2023 κατέγραψαν αύξηση +8,45% σε σχέση με τον αντίστοιχο περσυνό μήνα.