Financial Update news and archive

Richemont revenue increase 9 percent for H1

Richemont reported its net profit for H1 dropped on Thursday. Revenues increased by 9 percent from the same period last year. The company's net profit for H1 was 869 million euros, down from 2,253 million euros a year earlier. Furthermore, revenues climbed to 7,397 million euros. Compared to 33 percent a year ago, the profit margin of the...

Business

Ralph Lauren Q2 profits increase 7 percent

Ralph Lauren Corporation said on Thursday its Q2 net profit surged. Revenues grew by 1 percent from the same period last year. The company's net profit for Q2 was 182 million dollars, surged from 170 million dollars a year earlier. Furthermore, revenues increased to 1,706 million dollars. For 50 years, through family of labels such as Ralph...

Business

Capri Holdings Q2 profits drop 47 percent

The company said on Wednesday its Q2 net profit dropped. Compared with the same period last year, revenues increased by 15 percent. The company's net profit for Q2 was 73 million dollars, dropped from 137 million dollars a year earlier. Revenues climbed to 1,442 million dollars. Compared to 11 percent a year ago, the profit margin of the company...

Business

M&S revenues slip 2 percent for H1

M&S reported its net profit for H1 slipped on Wednesday. Revenues slipped by 2 percent from the same period last year. The company's pre-tax profit for H1 was 177 million pounds, down from 213 million pounds a year earlier. Revenues dropped to 4,861 million pounds. As of 2019, M&S has more than 81,000 employees and operates over 1,000 stores....

Business

Tom Tailor revenues decrease 8 percent for FY18

The company said on Wednesday its FY18 net profit decreased. Compared with the same period last year, revenues also slipped by 8 percent. For FY18, the company's net profit was 490 million euros, dropped from 538 million euros last year. Furthermore, revenues dropped to 844 million euros. Compared to 58 percent a year ago, the profit margin of...

Business

Adidas Q3 profits drop 2 percent

Adidas Ag said on Wednesday its Q3 net profit decreased. Revenues increased by 9 percent from the same period last year. The company's net profit for Q3 was 644 million euros, down from 656 million euros a year earlier. Revenues climbed to 6,410 million euros. The profit margin of the company decreased to 10 percent compared to 11 percent a year...

Business

Tapestry Q1 profits drop 84 percent

The company said on Tuesday its Q1 net profit slipped. Revenues decreased by 2 percent from the same period last year. For Q1, the company's net profit was 20 million dollars, decreased from 122 million dollars last year. Revenues dropped to 1,358 million dollars. Compared to 9 percent a year ago, the profit margin of the company dropped to 1...

Business

Hugo Boss AG revenues climb 1 percent for Q3

The company said on Tuesday its Q3 net profit decreased. Compared with the same period last year, revenues decreased by 1 percent. For Q3, the company's net profit was 56 million euros, dropped from 66 million euros last year. Revenues increased to 720 million euros. The profit margin of the company decreased to 8 percent compared to 9 percent a...

Business

Under Armour Inc. Q3 profits increase 36 percent

Under Armour Inc. reported its net profit for Q3 surged on Monday. Revenues dropped by 1 percent from the same period last year. For Q3, the company's net profit was 102 million dollars, climbed from 75 million dollars last year. Furthermore, revenues dropped to 1,429 million dollars. Under Armour (NYSE: UAA) is an American sports clothing and...

Business

Gildan Activewear Q2 profits slip 9 percent

Gildan Activewear reported its net profit for Q2 decreased on Thursday. Revenues increased by 5 percent from the same period last year. The company's net profit for Q2 was 99.7 million dollars, down from 109 million dollars a year earlier. Revenues climbed to 801.6 million dollars. Compared to 14 percent a year ago, the profit margin of the...

Business

Hanesbrands Q2 profits climb 9 percent

Hanesbrands reported its net profit for Q2 increased on Thursday. Revenues grew by 3 percent from the same period last year. For Q2, the company's net profit was 153.9 million dollars, grew from 140.6 million dollars last year. Revenues increased to 1,761 million dollars. Hanesbrands Inc. (NYSE: HBI) was founded in 1901 and is best known for its...

Business

Ralph Lauren Q1 profits climb 7 percent

Ralph Lauren reported its net profit for Q1 grew on Tuesday. Compared with the same period last year, revenues increased by 3 percent. The company's net profit for Q1 was 117.1 million dollar, climbed from 109 million dollar a year earlier. Revenues climbed to 1,428.8 million dollar. For 50 years, through family of labels such as Ralph Lauren,...