Earnings

Retailers Face Pressure to Offer Discounts While Battling Inflation

Retailers and their finance chiefs are facing a challenge balancing consumer expectations for discounts and the need to keep raising to offset high inflation. Major retailers including Macy’s Inc., Walmart Inc. and Target Corp. in recent months have used markdowns to clear out excess stock after miscalculating customer demand earlier in the year. General and …

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Analysis: Taxpayers should celebrate Air NZ’s earnings take off – and ask questions about fares

Cheree Kinnear talks to Air New Zealand’s Head of Aircraft Programs Kerry Reeves about the exciting changes coming to their cabins. Video / Jed Bradley / NZ Herald / Air NZ Air New Zealand’s earnings liftoff will be welcomed by taxpayers who have supported the airline with billions of dollars directly and indirectly during the …

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Southwest Airlines Sees Strong Demand. Business Travel May Be Coming Back.

Text size Southwest Airlines said business revenue trends have improved so far in September Photograph by Frederic J. Brown/AFP/Getty Images Southwest Airlines narrowed its third quarter revenue guidance Thursday as leisure travel demand remained strong but business revenues languished well below 2019 levels. However, there are signs that corporate travel may be picking up, with …

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Stocks Higher, Retail Sales, Disney and The Merge-5 Things To Know

Here are five things you must know for Thursday, September 15: 1. — Stock Futures Higher, Dollar Resumes Climb US equity futures nudged higher Thursday, while the dollar collected gains against its global peers, investors continue to closely-track interest rate markets heading into next week’s Fed meeting. Stocks are still deeply in the red when …

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All eyes on Davis debut as Ferragamo sales rise 20% in first half

To receive the Vogue Business newsletter, sign up here. Salvatore Ferragamo Group said revenues increased 20.3 per cent to €630 million in the first half of 2022 on the back of strong sales in Europe and the US as the company makes a bigger play for younger customers. “We need to balance our consumer profile …

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Retail Stocks Got an Earnings Boost. Why There’s No Comfort in That.

Text size Many retailers are still struggling with the high inventories, with profits dragged down by pricier supply-chain and transport costs. Spencer Platt/Getty Images Investors breathed a sigh of relief as retail earnings season ended this past week. Perhaps they should still be holding their breath. from Walmart (ticker: WMT) to best buy (BBY) to …

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Consolidate Globalization Capabilities to Create Greater Value

HONG KONG, Sept. 2, 2022 /PRNewswire/ — Fosun International Limited (HKEX stock code: 00656, “Fosun International”), together with its subsidiaries (“Fosun” or the “Group”) held its 2022 interim results presentation on August 31 in the form of online webcast . The management of Fosun International introduced Fosun’s corporate strategies, operational indicators, ESG performance and other …

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