Text size Pernod, which also owns Jameson whiskey, Martell cognac and Jacob’s Creek wine, said sales fell 9.5% to €8.5 billion in the year ending Jun. 30. Getty Images Pernod Ricard stock climbed on Wednesday, despite the French spirits maker reporting a profit and sales slump due to the coronavirus […]
Profit
(Reuters) – America’s biggest dollar store chains reported better-than-expected quarterly profit on Thursday, as cash-strapped consumers sought lower priced groceries and household items in a coronavirus-induced economic downturn. FILE PHOTO: A sign is seen outside a Dollar General store in Chicago, Illinois, U.S. May 23, 2016. REUTERS/Jim Young/File Photo Sales […]
Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch shares are soaring after the apparel retailer reported a surprise quarterly profit Thursday morning and impressive online revenue growth of 56% during the coronavirus pandemic. Its […]
(Reuters) – Tiffany & Co (TIF.N), which this week delayed the close of its $16.2 billion sale to France’s LVMH (LVMH.PA), on Thursday reported a stronger-than-expected quarterly profit and signaled an uptick in sales due to a recovery in China and online demand. FILE PHOTO: A Tiffany & Co logo […]
(Reuters) – Abercrombie & Fitch Co reported a surprise profit on Thursday as the apparel retailer slashed costs and benefited from a surge in online orders during the COVID-19 pandemic, sending its shares up as much as 17%. The company has been ramping up investments in its online platforms to […]
By Melissa Fares and Aishwarya Venugopal (Reuters) – Tiffany & Co , which this week delayed the close of its $16.2 billion sale to France’s LVMH , on Thursday reported a stronger-than-expected quarterly profit and signaled an uptick in sales due to a recovery in China and online demand. The […]