corporate-profits
BusinessHasbro’s Cost-Saving Efforts Drive Profit Beat Even as Toy Sales Drag
BusinessGerman Steelmaker Salzgitter Cuts Full-Year Guidance
BusinessLogitech Raises Full-Year Outlook as Sales and Profit Expectations Climb
InvestingFTSE 100 Touches Five-Month Closing High on Optimism Over Rate Cuts
Adidas Raises 2024 Guidance Again, Citing Good Brand Momentum
Date: October 16, 2024
(Reuters) -Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits from popularity of its three-striped Samba and Gazelle shoes. The German sportswear brand raised its forecasts for the third time this year, saying it now expected currency-neutral...
Sabadell CEO Says 2024 Full-Year Profit Could Top 1.6 Billion Euros
Date: October 4, 2024
MADRID (Reuters) – The CEO of Spain’s Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend...
Britain’s Tesco Lifts Profit Outlook After Strong First Half
Date: October 3, 2024
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after market share gains drove a 10% rise in the first half, giving it momentum ahead of the festive trading period. Shares in the group, which has a nearly 28% share of the UK grocery market, climbed 3%,...
Ssp Group Sees Profit Miss on Stronger Pound, French Weakness
Date: October 3, 2024
By Yamini Kalia (Reuters) – Upper Crust owner SSP Group warned on Thursday of lower than expected annual profits as a stronger pound and weakness in some European markets offset robust summer trading elsewhere. The London-headquartered company, which operates cafes, bars and restaurants in train stations and airports in 37 countries, said it saw...
Britain’s Tesco Lifts Annual Profit Forecast After Strong First Half
Date: October 3, 2024
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after a 10% rise in the first half that was driven by market share gains, giving it momentum ahead of the key festive trading period. The group, which has a near 28% share of the UK grocery...
Fonterra’s Annual Profit Falls 25%; Shares Rise on Dividend Declaration
Date: September 25, 2024
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by poor earnings from its ingredients segment and volatility in demand from key importing regions, but declared a special dividend, sending its shares higher. Improvement in earnings from its food service and consumer segments due...