Articles by Prachi Singh
Farfetch posts Q1 revenue and GMV growth
27 May 2022 - Business
Farfetch Limited reported gross merchandise value (GMV) and digital platform GMV increase of 1.7 percent and 2.5 percent, respectively.
American Eagle Outfitters reports challenging Q1
27 May 2022 - Business
For the first quarter, American Eagle Outfitters, Inc. reported a total net revenue increase of 20 million dollars or 2 percent to 1.055 billion dollars.
Gap lowers FY22 outlook after tough Q1 trading
27 May 2022 - Business
Gap First quarter net sales at Gap Inc. of 3.5 billion dollars, were down 13 percent compared to last year, while comparable sales were down 14 percent.
Macy’s Q1 sales and earnings jump, raises profit outlook
26 May 2022 - Business
Diluted earnings per share at Macy’s Inc. were 98 cents in the first quarter and adjusted diluted earnings per share were 1.08 dollars.
Ted Baker sales up 20.5 percent, momentum continues in the current fiscal
26 May 2022 - Business
Ted Baker Group revenue increased by 20.5 percent or 23.2 percent in constant currency to 428.2 million pounds for the full year.
Guess Q1 earnings drop, revenues increase by 14 percent
26 May 2022 - Business
Guess first quarter GAAP net earnings of 8 million dollars declined 33.6 percent, while GAAP diluted EPS decreased 33.3 percent to 12 cents.
Express comparable sales increase by 31 percent
25 May 2022
Express reported Q1 net sales increase of 30 percent to 450.8 million dollars, with consolidated comparable sales up 31 percent.
Nordstrom raises outlook after strong Q1
25 May 2022 - Business
Nordstrom is updating its outlook to reflect first quarter performance, including a gain on the sale of the company's interest in a corporate office building.
Urban Outfitters retail comparable sales increase by 11 percent
25 May 2022 - Business
Urban Outfitters Q1 retail segment net sales increased 12 percent, with comparable retail segment net sales up 11 percent.
Abercrombie & Fitch reports Q1 loss, lowers outlook
24 May 2022 - Business
Abercrombie & Fitch Co. Q1 reported net loss per diluted share was 32 cents and 27 cents on a reported and adjusted non-GAAP basis, respectively.