LVMH suffers sluggish sales of high-end fashion and handbags
Some companies in the sector have been more resilient, such as Cartier owner Richemont Sales at LVMH’s key fashion unit fell over the holiday season as the Louis Vuitton owner…
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sluggish
PepsiCo’s Q2 earnings beat Wall Street expectations despite sluggish U.S. sales
PepsiCo reported better-than-expected earnings and revenue in the second quarter despite sluggish North American sales. Sales of Frito-Lay and other snacks fell 1% in North America during…
Tesla’s sluggish sales return to the fore after robotaxi debut
Tesla’s rally off the back of launching a limited driverless taxi service is about to be tested by what analysts expect will be another downbeat quarterly sales report. The electric-car…
Box Office: ‘Captain America: Brave New World’ Stays in First Place With $15 Million Over Sluggish Oscar Weekend
“Captain America: Brave New World” kept its box office crown for the third weekend in a row, earning $15 million for a first place finish. Its muted victory comes as Hollywood prepares to…
Uniqlo operator posts higher Q1 profit despite sluggish China results
THE operator of the Uniqlo global clothing chain reported first quarter results on Thursday (Jan 9) that trailed analyst forecasts as a sharp decline in profit in China overshadowed strong…
Apple shares are on a tear despite sluggish growth, tariff risks
APPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None of that is holding back the stock. The shares are…
Marriott trims 2024 profit forecast on sluggish China domestic travel demand
MARRIOTT International cut its annual profit forecast on Monday (Nov 4) as weak domestic travel in China overshadows strong group and international demand, sending its shares down 3.4 per…