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Tag: results

Raymond Q4 results: Posts Rs 69.10 crore net loss

Raymond Ltd on Monday reported a consolidated net loss of Rs 69.10 crore for the fourth quarter ended March 2020, impacted by the coronavirus-induced lockdown. According to a PTI report: The company had posted a net profit of Rs 67.70 crore during January-March quarter of the previous fiscal, Raymond said in a regulatory filing. Revenue …

Raymond Q4 results: Posts Rs 69.10 crore net lossRead More

Amazon joins $1 trillion club with robust Q4 results, Retail News, ET Retail

San Francisco : Amazon joined the $1-trillion club with Apple, Microsoft and Alphabet after shares climbed nearly 11 per cent in extended trading as the retail giant reported $87.44 billion in sales – 21 per cent increase (Year-on-Year) — for its fourth quarter that ended on December 31, 2019. Amazon’s Cloud business reported $9.95 billion …

Amazon joins $1 trillion club with robust Q4 results, Retail News, ET RetailRead More

Bed Bath & Beyond shares tank, CEO calls earnings results ‘unsatisfactory’

Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York. Mark Kauzlarich | Bloomberg | Getty Images Bed Bath & Beyond shares tanked 19% in regular trading Thursday after the retailer withdrew its fiscal 2019 outlook in after-hours trading on Wednesday. The company said that it would reveal its strategic …

Bed Bath & Beyond shares tank, CEO calls earnings results ‘unsatisfactory’Read More

Kohl’s shares tank on dismal holiday sales results, lowered outlook

Kohl’s said same-store sales during November and December fell 0.2% due to weakness in its core women’s apparel business, leading it to temper expectations for the year. Based on the dismal holiday performance, Kohl’s said in a press release that it is now calling for fiscal 2019 diluted earnings per share to be at the …

Kohl’s shares tank on dismal holiday sales results, lowered outlookRead More

New arena boosts F&B results at Hull’s Princes Quay

Since opening in August 2018, Hull’s Bonus Arena has drawn a wider audience to the city, with local retailers and F&B operators directly benefitting. Strategically located in the heart of Hull city centre, with a pedestrian link to the c.500,000 sq ft Princes Quay Shopping Centre, the arena has helped give trade a boost with …

New arena boosts F&B results at Hull’s Princes QuayRead More

Global challenges weigh on Abercrombie’s Q3 results; tariffs to impact Q4 profit

Get great content like this right in your inbox. Subscribe Abercrombie & Fitch reported mixed results for its third quarter as a “complicated” global environment offset U.S. same-store gains in its namesake and Hollister brands. The apparel retailer’s net income totaled $6.523 million, or 10 cents a share, in the quarter ended Nov. 2, down …

Global challenges weigh on Abercrombie’s Q3 results; tariffs to impact Q4 profitRead More

Digital is the difference maker in Target, Kohl’s results

Tariffs on Chinese imports are not the biggest weight on the retail cohort, according to CNBC’s Jim Cramer. Retailers must win in the current environment by either having a strong online presence or offering discount prices, he told “Mad Money” viewers Wednesday. “If you’re not offering a great digital experience or nearly unbeatable bargains … …

Digital is the difference maker in Target, Kohl’s resultsRead More

Alibaba’s Jack Ma says Singles’ Day shopping results miss expectations, Retail News, ET Retail

Alibaba co-founder Jack Ma said on Wednesday results from the Singles’ Day annual online shopping festival had missed the Chinese e-commerce giant’s expectations. Launched in 2009, Singles’ Day has become China’s version of U.S. online sale event Cyber Monday, which follows America’s Thanksgiving holiday. Analysts monitor sales on Singles’ Day to gauge consumer sentiment in …

Alibaba’s Jack Ma says Singles’ Day shopping results miss expectations, Retail News, ET RetailRead More