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H&M Sales Disappoint on Black Fri. Timing
H&M's fourth-quarter sales dented by late Black Friday
H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday, but said sales were up 4% in December and January, indicating a better start to the new fiscal year for the Swedish fast-fashion retailer.
H&M Sales Disappoint on Black Friday Timing
Hennes & Mauritz sales disappointed investors as the timing of Black Friday weighed on its quarterly figures while the new year has started at a slightly higher pace.
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped more than 5% on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.
H&M sales miss expectations amid Red Sea delays and late Black Friday
Daniel Erver, who was appointed as the Hennes & Mauritz boss last January, said he is confident the group is ‘on the right track’.
7h
Caterpillar warns of sales drop in 2025 on weak equipment demand
Caterpillar warned of a slight sales drop in 2025 as dealers scale back purchase of equipment due to weak demand driven by ...
1h
Apple earnings updates: Stock dips as Wall Street watches for China iPhone sales, services business updates
Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and ...
10h
BT’s Share Price Drops 4% As Sales Continue Slipping
Adjusted sales dropped to £5.2 billion during the three months to December, down 3% year on year, as BT's Consumer and ...
12h
January Sales And Trends In Focus: Eyeing 3 U.S. Interim Reports
Ford, Costco, and Charles Schwab will issue monthly updates in the sessions ahead, offering clues on the state of the US ...
13h
on MSN
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
4h
on MSN
Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came ...
22h
on MSN
Wall Street is cautious on iPhone sales ahead of Apple earnings but analysts hope AI will shine
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could ...
1d
on MSN
Sales of Electric Heavy-Duty Trucks Are Hitting a Regulatory Wall
Heavy-duty truck manufacturers and dealers are caught in a swirl of shifting and conflicting rules over zero-emissions big ...
6d
The U.S. just experienced its slowest annual sales of homes since 1995
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
3d
Sales of Existing Homes Rise in December, but 2024 Was the Slowest Year for Transactions in Nearly 30 Years
Sales of previously owned homes rose last month, but not enough to prevent 2024 from being the slowest year for home ...
2d
These 21 Big Lots leases in Pa. went up for sale
Twenty-one Big Lots leases went up for sale this month.
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