Edition:
United States

Gayathree Ganesan

Hershey, Campbell bet nearly $6 billion on healthy snacks makers

Dec 18 2017

Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods. | Video

Marcato likely to pull off win in proxy war with Deckers

Dec 13 2017

Deckers Outdoor Corp shareholders looked set to hand three board seats to Marcato Capital Management at the UGG boots maker's annual meeting on Thursday, capping a months-long bitter proxy contest.

American Eagle expects strong holiday earnings but lower margins

Dec 06 2017

American Eagle Outfitters Inc on Wednesday joined other U.S. apparel makers in forecasting strong earnings for the key holiday selling season but said it expected lower profit margins compared with a year earlier.

Tiffany's tops forecasts as Americas region rebounds

Nov 29 2017

Upscale jeweler Tiffany & Co topped estimates with results on Wednesday, citing higher demand for cheaper fashion jewelry and high-end diamond pendants and rings in the first full quarter under new Chief Executive Alessandro Bogliolo. | Video

Campbell's 2018 forecast still too optimistic: analysts

Nov 22 2017

Campbell Soup Co may have cut its profit estimates for 2018, but given the company's struggles with its soup business, those expectations may still be a bar too high to clear, analysts said on Wednesday.

Campbell Soup warns of weak second-quarter profit due to carrot supply delays

Nov 21 2017

Campbell Soup Co , which missed Wall Street estimates for first-quarter profit and revenue, said harvest delays of its carrot crop in California and higher costs are likely to hurt its earnings in the current quarter.

Abercrombie, Gap rebound spark positive trends in apparel

Nov 17 2017

Abercrombie & Fitch Co's solid showing in the latest quarter and robust holiday season sales forecast on Friday reinforced a raft of earnings reports that suggest a turnaround in the apparel retailing sector. | Video

Fashion miss adds to TJX sales woes in hurricane-hit third-quarter

Nov 14 2017

TJX Cos Inc disappointed Wall Street, posting its worst quarterly same-store sales performance since 2009, as its fashion apparel failed to click with customers and fewer people bought winter clothes in an unusually hot fall season.

Coty profit beats on demand for brands aimed at younger consumers

Nov 09 2017

Beauty products maker Coty Inc posted a quarterly profit on Thursday that beat Wall Street estimates, selling more products geared toward millennials and making progress folding in newly-acquired brands in an expanded global portfolio.

Coach owner Tapestry's profit beats; doubles Kate Spade savings estimate

Nov 07 2017

Tapestry Inc , formerly Coach, reported a higher than expected first-quarter profit on lower costs and a smaller tax bill, and the handbag maker said savings from its Kate Spade acquisition would be more than double its previous forecast.

World News