Tag: Sales Figures
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
Ozempic maker Novo Nordisk reports 62% surge in profit
Novo Nordisk on Wednesday said its fourth-quarter profit surged by nearly two-thirds, driven by the popularity of its weight-loss drugs that have made it Europe’s [Read more about this post…]
L’Occitane shares rise on strong nine-month sales
L’Occitane’s shares 973, +8.44% rose sharply after the company reported strong sales in the nine months ended December, with analysts saying business is already normalizing [Read more about this post…]
Soccer game’s popularity scores for EA — and creates a higher bar to clear for growth
Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer [Read more about this post…]
Red Sea disruption forces retailers to rethink back-to-school, holiday shipments
The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are [Read more about this post…]
Can UPS snap its streaks of revenue misses and post-earnings stock selloffs?
Shares of United Parcel Service Inc. slumped Monday as investors prepared for the package-delivery giant’s quarterly results, which have not been so kind to investors [Read more about this post…]
LVMH leads luxury stock rally following record 2023 results despite market slump
LVMH Moet Hennessy Louis Vuitton’s Paris listed shares surged on Friday following the luxury firm’s decision to hike its dividend on the back of record [Read more about this post…]
Levi Strauss to lay off up to 15% of corporate workforce, stock slides as profit forecast disappoints
With new leadership coming in after difficult 2023, Levi Strauss & Co. on Thursday announced plans to lay off staff and cut costs over the [Read more about this post…]
Nokia stock climbs as cost cuts limit damage from 23% drop in sales
Nokia shares rallied on Thursday as the telecom equipment maker reported better-than-expected margins despite sales missing estimates. Nokia stock NOKIA, +8.07% NOK, +1.49% in Helsinki [Read more about this post…]
Abbott Labs’ Q4 sales top estimates amid strong medical-device demand
Abbott Laboratories’ stock ABT, -0.17% fell 2% premarket on Wednesday after the healthcare-products company reported fourth-quarter sales that topped expectations amid strength in its medical-device [Read more about this post…]
