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9 Nov

Ralph Lauren Beats Sales and Profit Estimates in Q2

Ralph Lauren Beats Sales and Profit Estimates in Q2
Updated Nov. 8 3:45 p.m. Ralph Lauren Corp. continued to play its game well within the fiscal second quarter — despite weakness within the North American wholesale business and a tougher economy.  The corporate has been on a campaign to raise its brand and kept at it this quarter, boosting average unit retail prices at its own stores and on its website by 10 percent, on top of an 18 percent increase a yr earlier. Overall, the brand has pushed its prices up a complete of greater than 70 percent over the past six years.  That march higher has been driven by quite a lot of components — from the form of products sold to the costs charged to where they’re sold.  Along the way...
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18 Oct

P&G Beats Wall Street Forecasts in Q1 – WWD

P&G Beats Wall Street Forecasts in Q1 – WWD
Procter & Gamble beat Wall Street forecasts in the primary quarter on the back of upper pricing. The buyer goods giant, whose brands include Oral-B, Head & Shoulders, Olay, Gillette, SK-II and Pampers, saw first quarter fiscal yr 2024 net sales are available at $21.9 billion, up 6 percent versus a yr ago and barely above Wall Street forecast of $21.58 billion. Earnings per share were $1.83, also surpassing estimates of $1.72. “We delivered very strong leads to the primary quarter of fiscal yr 2024, putting us on the right track to deliver towards the upper end of our fiscal yr guidance ranges for organic sales and core EPS growth,” said Jon Moeller, chairman of the board, president and chief executive officer. “The...
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2 Aug

E.l.f. Beats Wall Street Estimates, Raises Full-year Forecasts –

E.l.f. Beats Wall Street Estimates, Raises Full-year Forecasts –
E.l.f. Beauty began fiscal 2024 with a bang. The Oakland, California-based beauty company, whose brands include Well People and Soulcare in addition to its namesake cosmetics and skincare lines, once more blew through Wall Street estimates on each the highest and bottom lines, allowing it to lift its full-year forecasts. Net sales increased 76 percent to $216.3 million for the three months ended June 30, compared with $122.6 million a 12 months earlier, primarily driven by strength in each retailer and e-commerce channels. Analysts polled by Factset had on average penciled in sales to are available in at $206 million. “This marks our 18th consecutive quarter of delivering each net sales growth and market share gains. We're one in all only five publicly traded...
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6 Jun

Manchester City Beats Real Madrid in Brand Value, In

Manchester City Beats Real Madrid in Brand Value, In
PERFECT PITCH: Skilled football — higher often known as soccer within the U.S. — thrives on rivals, sponsorships and moneymaking ventures. Now Manchester City FC has reached a latest benchmark by surpassing Real Madrid CF to grow to be the world’s most beneficial soccer brand, in keeping with a just-released annual report. The Manchester-based club saw its brand value shoot up 13 percent — to only over 1.5 billion euros, in keeping with the annual report released by Brand Finance. Conversely, Real Madrid CF, which held the stop slot for the past 4 years, saw its brand value decline 4 percent to only shy of 1.5 billion euros. The highest-valued team can also be often known as the “Sky Blues,” a...
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