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Tiffany earnings and forecast disappoint

2015-08-27 19:35:37| Jewelry - Topix.net

Luxury jeweler Tiffany reports lower profit and cuts full-year forecast due to stronger dollar overseas and lower spending by US customers. Shoppers saw a little less sparkle at Tiffany & Co.

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Nike Soars After Crushing Earnings Forecast, Tops S&P 500

2015-06-27 13:29:06| Footwear - Topix.net

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Oroton cuts earnings forecast

2015-05-22 06:22:21| Apparel - Topix.net

Mid-tier luxury handbag and accessories maker Oroton Group has downgraded earnings expectations for the second time this year, as the group's strategy to get consumers to pay full price for its products cost more than anticipated, and slower sales at its Gap and Brooks Brothers ventures hurt profitability. After trading through the third quarter, including the key trading month of April which resulted in an unexpected reduced group earnings before interest and tax compared to prior comparable period of just over $2 million, Oroton now no longer expects earnings before interest and tax growth in the second half of fiscal 2015.

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Telstra earnings exceed forecast

2015-02-12 15:15:43| Telecom - Topix.net

The billions Telstra has spent on its mobile network and new spectrum have allowed it to further open its lead on competitors and deliver earnings that were ahead of market expectations. It continues to increase its number of mobile subscribers but more importantly, customers are spending more money on these devices as the 4G and 4Gx-enabled phones become more widely available and customers ramp up data use.

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Up To Speed: Gap reduces earnings forecast amid apparel retail slowdown

2014-11-22 08:51:00| Apparel - Topix.net

Gap Inc. cited slowing sales, particularly at its namesake Gap stores, as it cut its earnings forecast for the rest of the year, ending in February. Specifically, Bloomberg reported, same-store sales at Gap fell 5 percent for this past quarter.

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