Featured Posts

To top
Title Image

Retail Tag

22 Apr

P&G Beats Wall Street Expectations, Awaiting Return of Travel

by Beautifaire101
Beauty, Featured
P&G Beats Wall Street Expectations, Awaiting Return of Travel
Procter & Gamble beat Wall Street expectations on the highest and bottom lines, but profits were bolstered partly by price hikes and it still isn’t seeing the recovery in travel retail that it had hoped for. The buyer goods giant reported third-quarter fiscal-year 2023 net sales of $20.1 billion, a rise of 4 percent versus the prior 12 months. Analysts polled by Factset forecast $19.3 billion. Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, rose 7 percent. Diluted net earnings per share were $1.37, a rise of three percent versus the prior 12 months, beating Wall Street expectations for $1.32. Net earnings were $3.4 billion for the quarter. P&G raised its guidance for fiscal 2023 all-in sales to grow...
Continue reading
0 Comments
16 Apr

Dick’s to Be Retail Sponsor of Boston Marathon

by Beauty Tips
Fashion, Featured
Dick’s to Be Retail Sponsor of Boston Marathon
The Boston Marathon has a latest retail sponsor. Dick’s Sporting Goods and the Boston Athletic Association, organizer of the famed event which will likely be held this yr on April 17, have signed a multiyear deal that makes Dick’s the official retail sponsor of all BAA events, starting with Monday’s marathon. As a part of the deal, Dick’s may even develop into the presenting sponsor of the Boston Marathon Fan Fest, a three-day festival held upfront of the race. In celebration of the 127th running of the race, Dick’s unveiled a building-length Sports Change Lives banner with the tagline, Running Changes You, on Boylston Street at the longer term site of a Dick’s House of Sport Boston location. Positioned just a brief distance from...
Continue reading
0 Comments
4 Apr

Mother’s Day Awards Will Honor Three Influential Women in

by Beauty Tips
Fashion, Featured
Mother’s Day Awards Will Honor Three Influential Women in
The forty fifth annual Outstanding Mother Awards will honor three women across retail, beauty and technology on May 11 at The Pierre Hotel in Recent York. They're Monica Arnaudo, chief merchandising officer of Ulta Beauty; Tracey Travis, executive vp and chief financial officer at The Estee Lauder Cos. Inc., and Elizabeth Buchanan, chief business officer at Rokt. Laurie Dowley, chairman of the National Mother’s Day Committee, said, “This 12 months’s honorees are leaders in every sense of the word — navigating impressive careers and supporting their families and communities with grace, compassion and determination. We stay up for recognizing their contributions as moms, executives and role models.” Hosted by mistress of ceremonies Natalie Pasquarella, NBC 4 Recent York anchor, this 12 months’s...
Continue reading
0 Comments
7 Feb

David Simon Not Expecting More Retail Acquisitions, for Now

by Beauty Tips
Fashion, Featured
David Simon Not Expecting More Retail Acquisitions, for Now
David Simon likes his position in retail — a type of side hustle for his mall giant Simon Property Group — but he’s content to be the one accepting the rent payments and doesn’t expect to purchase more retailers within the near term.  Partially, that’s since the business of being a landlord is paying up for Simon.  For the quarter ended Dec. 31, the true estate group’s net income increased 33.9 percent to $673.8 million, or $2.06 a diluted share, from $503.2 million, or $1.53, a 12 months earlier. Comparable funds from operations — a normal yardstick amongst retail real estate corporations — inched as much as $1.18 billion from $1.17 billion.  The retail portfolio shifted some throughout the group.  On a conference call with...
Continue reading
0 Comments
Older Posts