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Luxury-goods retailer Hermes posts higher profit, revenue

Hermes, which is best known for its leather bags, said net profit rose to 754 million euros ($832.6 million) from €706 million in the same period a year ago.....»»

Category: topSource: marketwatchSep 11th, 2019

Dow Jones Newswires: AXA posts strong net profit rise for 2019 and lifts its dividend

AXA SA said Thursday that its earnings rose strongly in 2019 while revenue ticked higher thanks to growth in all business areas, and it increased its dividend......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: Kering revenue rises, while net profit falls on one-offs

The French luxury-goods conglomerate reported fourth-quarter revenue of 4.36 billion euros ($4.76 billion), up 11% on a comparable basis and bringing revenue for the year up to EUR15.88 billion, in line with analysts’ expectations of EUR15.8 billion......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: Merck posts higher profit and revenue as it lifts sales forecast

Merck said it now expects to report overall sales of between EUR15.7 billion and EUR16.3 billion for 2019, from between EUR15.3 billion and EUR15.9 billion......»»

Category: topSource: marketwatchNov 14th, 2019

Cigna posts second-quarter profit beat, raises 2019 earnings forecast

Health insurer Cigna Corp raised its forecast for full-year adjusted earnings on Thursday after posting a better-than-expected profit in the second quarter, helped by higher revenue from its pharmacy benefits unit and its commercial health plans......»»

Category: topSource: reutersAug 1st, 2019

P&G posts strong sales, takes $8 billion Gillette writedown

Procter & Gamble Co's quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world's No.1 personal goods company took an $8 billion charge on its Gillette shaving business......»»

Category: topSource: reutersJul 30th, 2019

P&G posts strong profit amid $8 billion writedown of Gillette

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal goods company took an $8 billion writedown on its Gillette shaving business......»»

Category: topSource: reutersJul 30th, 2019

Wells Fargo posts higher profit on cost controls, rise in loans

Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs......»»

Category: topSource: reutersJul 16th, 2019

Home Depot posts strong profit, revenue

Home Depot is reporting better than expected profit and revenue for the first quarter, shares fell slightly before the opening bell on the home improvement retailer's reported comparable store sales. .....»»

Category: topSource: moneycentralMay 21st, 2019

Citigroup posts revenue decline in first quarter as profit tops estimates

Citigroup Inc. shares were slightly higher in premarket trade Monday, after the bank posted a decline in revenue for the first quarter. The company said it had net income of $4.7 billion, or .....»»

Category: topSource: marketwatchApr 15th, 2019

Reliance Power posts 16% rise in Q4 profit on higher electricity generation

Revenue from operations or turnover was, however, lower at Rs 24 billion when compared with Rs 25.9 billion in the year-ago period.....»»

Category: topSource: business-standardApr 19th, 2018

CBS Posts Higher Profit, Revenue

CBS reported better-than-expected revenue for the second quarter, results that come as the media company’s board investigates allegations of sexual harassment against its chairman and chief executive, Leslie Moonves......»»

Category: smallbizSource: wsjAug 2nd, 2018

At Macy"s, the Share Price Got a Bit Ahead of the Fundamentals

The department store chain delivered profit and revenue beats for the second quarter, plus higher guidance. But the stock sank as investors reassessed the retailer's longer-term performance......»»

Category: topSource: foxnewsAug 20th, 2018

Gap"s namesake brand posts disappointing sales; shares fall

Apparel retailer Gap Inc's namesake brand reported a bigger-than-expected drop in quarterly same-store sales, overshadowing strength in revenue and profit beat and pushing the company's shares down nearly 7 percent in after-market trading on Thursday......»»

Category: topSource: reutersAug 23rd, 2018

Bed Bath & Beyond Reports Lower Comparable Sales, Profit Than Expected

The home goods retailer reported flattish revenue in the latest quarter, with a drop in store sales that missed analysts’ expectations......»»

Category: smallbizSource: wsjSep 26th, 2018

General Electric posts fourth-quarter profit, revenue beat; shares rise

U.S. industrial conglomerate General Electric Co reported a $666 million profit from continuing operations for the fourth quarter, recovering from a $11.2 billion loss a year ago, sending its shares sharply higher......»»

Category: topSource: reutersJan 31st, 2019

21st Century Fox Posts Higher Profit on Increased Revenue, Sale of Sky Stake

21st Century Fox’s quarterly profit rose, fueled by strong performances in cable and filmed entertainment, and a one-time gain related to its sales of shares in Sky......»»

Category: smallbizSource: wsjFeb 7th, 2019

P&G expects coronavirus outbreak to hit current-quarter revenue, profit

Procter & Gamble Co said on Thursday its current-quarter revenue and profit would take a hit from supply chain disruptions and weak demand due to the coronavirus outbreak in China, the consumer goods company's second-biggest market......»»

Category: topSource: reuters11 hr. 34 min. ago

Walmart"s Mexico unit posts 4.5% drop in net profit

Walmart de Mexico, Mexico's largest retailer, on Thursday reported fourth quarter net profit of 11.2 billion pesos ($594.7 million), a 4.5% drop over the same period last year......»»

Category: topSource: reutersFeb 13th, 2020

Akerna Shares Plunge After Q2 Print: Cannabis Tech Company Posts Higher Revenue, Wider Net Loss

The cannabis regulatory compliance tech company Akerna Corp. (NASDAQ: KERN) released second-quarter results Wednesday, posting revenue of $3.3 million, up 28% year-over-year.  The increased .....»»

Category: earningsSource: benzingaFeb 13th, 2020

Higher drug prices lift CVS results

CVS Health posted quarterly profit that beat expectations as revenue shot up nearly 23%, rising across its range of businesses. Fred Katayama reports......»»

Category: videoSource: reutersFeb 12th, 2020