corpearnings

Sales Slow at Louis Vuitton's Owner as China Sputters

LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques…

9 months ago

Modelo Continues to Win Over Bud Light Drinkers

Constellation Brands CEO says the Mexican beer brand has more room for growth. Source link

9 months ago

Dick's Sporting Goods Blames Theft for Profit Woes

The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job…

11 months ago

Target Sales Are Punished by Pride Month Backlash

The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source…

11 months ago

Home Depot's Inflation Pressures Ease

CEO Ted Decker says costs are improving as suppliers demand fewer price increases. Source link

11 months ago

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles

CEO says news publisher is in talks with AI companies to establish the value of its content. Source link

11 months ago

Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services

The entertainment giant’s is raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each.…

11 months ago

Paramount to Sell Simon & Schuster to KKR for $1.62 Billion

The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin…

11 months ago

Amazon Delivers Surprisingly Strong Profit

The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link

11 months ago