Ralph Lauren Raises Annual Outlook Despite Shares Falling on Slower Growth Forecast
Ralph Lauren raised its full-year revenue and operating margin forecasts on Thursday, supported by strong demand in North America and Asia. However, its shares fell around 3% in early trading after the company projected...
Coca-Cola Raises 2026 Profit Forecast on Strong Global Demand
Coca-Cola on Tuesday raised its annual profit forecast, supported by strong demand for its beverages in markets such as India, China, Mexico and Brazil. Global unit case volumes increased around 5% in the third...
EssilorLuxottica Shares Surge 11% on Strong Third-Quarter Revenue
Shares of EssilorLuxottica, the Franco-Italian eyewear giant behind Ray-Ban, surged 11.4% on Wednesday after the company reported third-quarter revenue that exceeded market expectations. Revenue reached €7.49 billion, surpassing analysts’ estimates of €7.36 billion, as...