H&M profits, sales beat forecast in second quarter
Swedish fashion retailer H&M posted stronger-than-expected sales and profits in the second quarter on Wednesday as shoppers splurged in stores and online.
Nike profits dip on lower sales in North America, China
Lower sales in North America and China dented Nike’s quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar,
Andrew Tan’s Emperador posts flat Q1 earnings amid surging costs
Global liquor maker Emperador Inc. of ultra bilyonaryo Andrew Tan posted a flat performance in the first quarter with net profit unchanged at P2.1 billion
Ty family’s GT Capital navigates steady growth amid headwinds, core profit exceeds pre-Covid level
GT Capital Holdings Inc. is back on a sustainable growth track, with its first quarter core earnings exceeding the 2019 pre-pandemic performance of P3.5 billion.
Toyota posts record full-year net profit, forecasts cautious
by Kyoko HASEGAWA Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as
Disney profit slips but streaming TV subscribers jump
Disney on Wednesday said its profit slipped in the recently ended quarter but its television streaming service and parks were booming. The entertainment giant reported
Higher costs gnaw on ACEN’s first quarter earnings
ACEN Corp. reported a 68 percent decline in its profit in the first three months of the year to P405 million, weighed down by higher
Consunji holding firm smashes Q1 results with record earnings
DMCI Holdings Inc. had a blowout first quarter, more than doubling its net income to an all-time high of P11.26 billion on the strength of
Amadeus swings back to profit as air travel recovers
The world’s biggest travel reservations company Amadeus said Friday it had swung back to profit during the first quarter of 2022 as air travel resumed
China troubles mar Adidas’s first-quarter result
German sportswear giant Adidas reported a drop in its profits in the first quarter on Friday, as widespread coronavirus lockdowns hurt business in key
