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Campbell Soup lifts profit outlook, expecting bigger savings

2015-07-23 02:51:47| Food - Topix.net

Campbell Soup's cost-cutting plan is paying off faster than it expected. The soup maker raised its profit forecast for fiscal 2015 Wednesday and its shares rose nearly 2 percent amid a broad market sell-off.

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Morgan Stanley Handily Beats Profit Outlook

2015-07-20 14:11:58| IT Services - Topix.net

Morgan Stanley said on Monday that second-quarter profit was $1.81 billion as the company managed through an environment of brisk deal-making and volatile markets. The New York-based bank reported a profit of $0.85 per share.

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Australia's Woolworths slashes profit outlook, looks for new CEO

2015-06-17 06:30:08| Agriculture - Topix.net

The logo of Woolworths in Australia, where the retailer sharply cut its profit forecast and said its CEO will be stepping down. Photo: AFP The sense of crisis swirling around iconic Australian supermarket chain Woolworths Ltd erupted into the open on Wednesday as the retailer slashed its profit forecast and said its chief executive would step down.

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Guess? Books a Profit, Boosts Outlook Despite Big Trouble in Apparel Industry

2015-06-03 21:46:05| Apparel - Topix.net

But the retailer posted a surprise profit for the quarter and, more importantly, it boosted its outlook for the remainder of the fiscal year. A look at Guess? and its quarterly results show the trouble the apparel industry faces right now.

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Michael Kors' profit, sales outlook disappoints

2015-05-27 15:11:24| Apparel - Topix.net

Michael Kors Holdings Ltd. said its earnings grew 13% in its latest quarter, helped by new store openings and a lower tax rate, but the retailer warned that current-quarter results would fall short of expectations. Chief Executive John Idol said the company faced a number of headwinds in the period, including a stronger dollar, which is expected to persist.

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