Mehr Bedi

Under Armour raises annual forecast as reopening of economies lifts demand

May 04 2021

(Reuters) -Under Armour Inc raised its expectations for annual profit and sales on Tuesday, after reporting a 35% jump in revenue as the reopening of economies in the United States and Asia fueled demand for the company's sports shoes and apparel.

Kraft-Heinz thrives as pandemic spurs home dining

Apr 29 2021

(Reuters) -Kraft Heinz Co beat first-quarter revenue and profit estimates on Thursday as a year-long surge in demand for consumables including Lunchables crackers and Kraft Macaroni & Cheese held up even as the U.S. economy gradually reopened.

UPDATE 3-Vans sneaker maker's revenue, profit view disappoints on pandemic hit

Jan 27 2021

Jan 27 VF Corp raised its full-year forecast for revenue and profit on Wednesday, but it came in below market estimates as the apparel maker struggles to bring in sales with the COVID-19 pandemic shuttering stores in some of its major markets.

Dollar Tree beats estimates, signals strong start to holiday quarter

Nov 24 2020

Dollar Tree Inc reported better-than-expected quarterly results on Tuesday, as the discount store operator benefited from robust demand for cheaper home decor, kitchenware and clothing during a coronavirus-induced economic downturn.

UPDATE 2-Ralph Lauren warns resurgence in virus cases could derail recovery

Oct 29 2020

Oct 29 Ralph Lauren Corp warned on Thursday that a new wave of COVID-19 cases could hurt its sales recovery in North America and Europe, with consumer demand likely to be pressured for the rest of the year.

J.M. Smucker lifts annual forecast on strong demand for coffee, frozen foods

Aug 25 2020

J.M. Smucker Co on Tuesday raised its full-year targets after beating Wall Street estimates for first-quarter earnings and revenue on strong demand for its coffee, frozen sandwiches and peanut butter from stuck-at-home consumers.

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