analysts estimates

0 0 Burberry Meets Sales Estimates on Tourism Boost From BrexitLONDON, United Kingdom — Burberry Group Plc, the British trench coat maker, reported sales in line with analysts' estimates as a boost in tourist spending on luxury goods in the UK after the Brexit referendum offset declines in its Asian business. Revenue rose 5 percent to £1.16 billion...  

0 0 Inditex First-Half Earnings Beat Estimates on Online ExpansionARTEIXO, Spain – Inditex SA, the world's biggest clothing retailer, reported first-half profit that beat analysts' estimates as the company prioritised online expansion over store openings. Operating profit increased 8 percent to €1.61 billion ($1.8 billion) in the six months through July,...  

0 0 Richemont, Hermès Slump as Gloom Deepens in Luxury Industry Analysts had expected a 41 percent drop, according to estimates compiled on Bloomberg. The Geneva-based maker of Vacheron Constantin timepieces also reported a 13 percent slide in revenue in the five months through August, excluding currency shifts, missing analysts' estimates. Hermès...  

0 0 Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand, the luxury jewellery retailer, posted second-quarter sales that missed analysts' estimates as global economic uncertainty weighed on demand. Comparable-store sales fell 9 percent, excluding the effects of currency fluctuations, the New York-based company said in a statement Thursday....  

0 0 Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent's quarterly revenue beat analysts' estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy. Revenue at China's biggest e-commerce company rose 59 percent to 32.15 billion yuan ($4.8 billion) in the three months ended June, the...  

0 0 Shiseido Cuts Forecasts as Stronger Yen and Acquisition Costs Drag Profit lowered its full-year net income forecast 13 percent, missing analysts estimates, as a stronger yen and the costs of its recent acquisitions dragged on profit. Net income will probably be 30 billion yen this year, compared with a previous target of 34.5 billion yen, the company said Tuesday...  

0 0 Slimmed-Down Avon Tops Profit Estimates soared the most in more than five months after second-quarter profit topped analysts' estimates, helped by cost cuts and improving sales. Profit was 7 cents per share, excluding some items, the company said in a statement Tuesday. Analysts had estimated 3 cents on average, according to data...  

0 0 Amazon Cloud Unit Helps It Stay Profitable While Investing The Seattle-based company reported second-quarter earnings that topped analysts' estimates, while spending on quicker delivery to keep ahead of Wal-Mart Stores Inc. and other brick-and-mortar retailers, expanding its entertainment offerings to challenge video-streaming rival Netflix Inc....  

0 0 L'Oréal Sales Miss Analyst Estimates on Western Europe Slowdown Analysts predicted 4.6 percent, according to the median of 17 estimates compiled by Bloomberg. Sales in Western Europe rose 1.4 percent, missing analysts' estimates. Western Europe "is being held back by a very difficult market in France," L'Oréal said. The maker of Maybelline and Urban...  

0 0 Puma Earnings Beat Analysts' Estimates on Soccer and Women's ShoesHERZOGENAURACH, Germany — Puma SE reported second-quarter profit that topped analysts' estimates as the German sneaker maker got a lift from Europe's soccer championships and a focus on the women's market. Earnings before interest and tax rose to €12 million ($13 million), Puma said in a...  

0 0 Hermès Says Profitability Is Improving as Sales Beat EstimatesPARIS, France — Hermès International SCA's second-quarter sales beat analysts' estimates on additional factory capacity and the French maker of $10,000 bags said first-half profitability improved due to a currency hedging contract. Sales rose 8.1 percent excluding currency shifts, Hermès...  

0 0 Christopher Bailey Speaks on Burberry Shake-up In May, the company reported a 10 percent drop in annual adjusted pre-tax profit and said that said earnings for this financial year will be at the low end of analysts' estimates. The company has made a number of radical changes over the past year, streamlining its brand architecture by...  

0 0 Japanese Retailers Hurt by Discount-Seeking Shoppers posted operating profit that missed analysts' estimates as its department store business that includes retailer Sogo & Seibu widened its operating loss to 1 billion yen. Aeon joined Fast Retailing Co. in pledging to offer cheaper products — a strategy that may drag down spending and...  

0 0 Gap June Sales Top Estimates as Traffic Improves at Old Navy, the biggest US apparel-focused retailer, posted June sales that topped analysts' estimates, a sign the company's long-promised turnaround could be taking hold. Total same-store sales, a key benchmark, rose 2 percent in June, the San Francisco-based retailer said in a statement Thursday....  

0 0 Snapchat Said to Have 150 Million Daily Users, Surpassing Twitter Twitter, which was founded in 2006, has less than 140 million users interacting with the service daily, according to an average of analysts' estimates surveyed by Bloomberg. The short-messaging service was once the largest social network after Facebook Inc. but has since been surpassed by...  

0 0 Macy's Cuts Profit Forecast as Sluggish Traffic Weighs on Sales, the largest US department-store company, cut its profit forecast for this year and posted first-quarter revenue that missed analysts' estimates as slow mall traffic hurt sales. Full-year earnings will be $3.15 to $3.40 a share, down from an earlier projection of $3.80 to $3.90 a share, the...  

0 0 Kate Spade Sales Gets Boost from North America Demand Same-store sales, including those online, rose 19 percent, the biggest rise in five quarters, and easily beat the average analyst estimate of 13.1 percent growth, according to research firm Consensus Metrix. Sales in North America rose 17 percent, to $219 million, in the latest quarter,...  

0 0 Shopify Jumps After First-Quarter Revenue, 2016 Outlook Beat Wednesday after it reported first-quarter results that beat analysts' estimates and boosted its full-year outlook as its mobile business continues to grow. Revenue in the three months ended March 31 surged 95 percent to $72.7 million, Ottawa-based Shopify said in a statement, beating the...  

0 0 Massimiliano Giornetti Quits Ferragamo Earlier this month, Ferragamo reported a larger-than-expected 11 percent rise in core profit for 2015, with earnings before interest, taxes, depreciation and amortisation reaching 324 million euros (almost $362 million), beating analysts' estimates of 314 million euros. However, despite...  

0 0 Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, JapanPARIS, France — French luxury handbag maker Hermès International SCA reported full-year earnings that beat analysts' estimates, buoyed by sales of leather goods and demand in Japan. Operating profit rose 19 percent to 1.54 billion euros ($1.7 billion) on an adjusted basis, Paris-based Hermès...  

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