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Tapestry raises FY25 outlook as Q3 sales surge 7%
Posted in Business

Tapestry raises FY25 outlook as Q3 sales surge 7%

Estimated read time 4 min read
Posted on May 12, 2025
by Joelgalvan

Tapestry, the parent company of Coach and Kate Spade, has recorded net sales of $1.58bn in the third quarter (Q3)…

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Monster Beverage posts surprise fall in quarterly net sales on choppy demand
Posted in Business

Monster Beverage posts surprise fall in quarterly net sales on choppy demand

Estimated read time 2 min read
Posted on May 10, 2025
by Joelgalvan

(Reuters) -Monster Beverage reported a surprise fall in first-quarter revenue on Thursday, signaling consumers in the U.S. pared back spending…

Learn More Leave a Comment on Monster Beverage posts surprise fall in quarterly net sales on choppy demand
Wolfspeed shares sink on going-concern fears, slowing EV sales hit annual revenue forecast
Posted in Business

Wolfspeed shares sink on going-concern fears, slowing EV sales hit annual revenue forecast

Estimated read time 2 min read
Posted on May 9, 2025
by Joelgalvan

(Reuters) -Chipmaker Wolfspeed’s shares fell 23% on Friday after it raised going-concern doubts and forecast weaker-than-expected annual revenue as it…

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Why Novo missed its sales estimates on weight-loss drug Wegovy: CEO
Posted in Business

Why Novo missed its sales estimates on weight-loss drug Wegovy: CEO

Estimated read time 4 min read
Posted on May 7, 2025
by Joelgalvan

Novo Nordisk’s (NVO) investors are worried its competition with Eli Lilly (LLY) is heating up and that the first-to-market GLP-1…

Learn More Leave a Comment on Why Novo missed its sales estimates on weight-loss drug Wegovy: CEO
Ball posts net sales of $3.09bn in Q1 2025
Posted in Business

Ball posts net sales of $3.09bn in Q1 2025

Estimated read time 2 min read
Posted on May 7, 2025
by Joelgalvan

Aluminium manufacturing company Ball Corporation reported net sales of $3.09bn for the first quarter (Q1) of 2025, marking a 7.7%…

Learn More Leave a Comment on Ball posts net sales of $3.09bn in Q1 2025
US pending home sales post biggest gain in more than a year
Posted in Business

US pending home sales post biggest gain in more than a year

Estimated read time 1 min read
Posted on May 1, 2025
by Joelgalvan

WASHINGTON (Reuters) -Contracts to buy U.S. previously owned homes surged by the most in more than a year in March,…

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Apple posts brisk sales growth even as China business cools
Posted in Business

Apple posts brisk sales growth even as China business cools

Estimated read time 3 min read
Posted on May 1, 2025
by Joelgalvan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

Learn More Leave a Comment on Apple posts brisk sales growth even as China business cools
McDonald’s US sales drop by most since height of pandemic in 2020
Posted in Business

McDonald’s US sales drop by most since height of pandemic in 2020

Estimated read time 2 min read
Posted on May 1, 2025
by Joelgalvan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

Learn More Leave a Comment on McDonald’s US sales drop by most since height of pandemic in 2020
Meta’s strong ad sales dampen tariff-induced fears
Posted in Business

Meta’s strong ad sales dampen tariff-induced fears

Estimated read time 4 min read
Posted on May 1, 2025
by Joelgalvan

Meta Platforms rode strong advertising performance to beat analysts’ revenue estimates for the first quarter and match expectations for the…

Learn More Leave a Comment on Meta’s strong ad sales dampen tariff-induced fears
US House passes TICKET Act mandating ‘all-in’ pricing for ticket sales, heads to Senate
Posted in Business

US House passes TICKET Act mandating ‘all-in’ pricing for ticket sales, heads to Senate

Estimated read time 4 min read
Posted on April 30, 2025
by Joelgalvan

‘All-in” pricing for tickets has come one step closer to being a legal requirement in the US, with the House…

Learn More Leave a Comment on US House passes TICKET Act mandating ‘all-in’ pricing for ticket sales, heads to Senate

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