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North Face owner posts mixed results, boosts profit outlook

2015-05-01 19:37:03| Apparel - Topix.net

The maker of The North Face, Wrangler and Timberland brands reported a decline in its first-quarter profit as expenses and income taxes rose, but raised its profit guidance for the year. V.F. Corp.'s earnings for the quarter still matched Wall Street's expectations.

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Mulberry ups FY profit outlook on cost control

2015-04-09 15:06:00| Daily apparel & textile news and comment - from just-style.com

British luxury brand Mulberry Group has raised its profit outlook for the year, thanks to "careful cost control" and improved trading from its reinvigorated product offering.

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FedEx Profit Jumps, But Sales, Outlook Disappoint

2015-03-18 17:57:42| Air Courier - Topix.net

FedEx Corp.'s third-quarter profit jumped more than 50 percent and beat Wall Street expectations on a mix of volume growth and lower fuel costs. But the Memphis, Tennessee-based package delivery company's revenue edged up only slightly and missed expectations as lower fuel surcharges and unfavorable currency exchange rates tempered the benefits of volume growth.

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Deere cuts profit outlook

2015-02-21 23:20:59| Industrial Machines - Topix.net

Deere & Co., the largest maker of farm equipment, cut its 2015 earnings forecast as lower crop prices reduce farmer spending on high-horsepower tractors and combines in North America. Net income will be about $1.8 billion in the fiscal year through October, Moline, Illinois-based Deere said Friday in a statement.

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Gap raises profit outlook as sales pick up in 4Q

2015-02-09 23:44:59| Apparel - Topix.net

The retailer says it expects to report a profit of $2.86 to $2.87 per share for the year, up from its previous estimate of $2.73 to $2.78 per share. Gap Inc. says its revenue fell in January as sales for its namesake brand slumped, but its Banana Republic and Old Navy brands reported improved results.

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