(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.
(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.
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 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.
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 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.