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…

1 year ago

Modelo Continues to Win Over Bud Light Drinkers

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

1 year 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…

1 year 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…

1 year ago

Home Depot's Inflation Pressures Ease

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

1 year 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

2 years 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.…

2 years 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…

2 years 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

2 years ago