General view of the Swiss pharmaceutical and drug company Novartis AG headquarters on April 11, 2025 in Basel, Switzerland.Sedat Suna | Getty Images News | Getty ImagesSwiss pharmaceutical firm Novartis on Tuesday reported better-than-expected first-quarter sales and raised its full-year guidance.Net sales were up 15% on a constant currency basis to...
A Gucci luxury boutique in Paris, France, on Tuesday, Oct. 22, 2024. Bloomberg | Getty ImagesShares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.Revenues at the fashion giant plunged 14% year-on-year in the first quarter to...
An Adidas flagship store at Nanjing Road Pedestrian Street in Shanghai, China.Cfoto | Future Publishing | Getty ImagesAdidas on Wednesday reported an uptick in fourth-quarter sales that exceeded expectations, as the retailer sold off the last of its remaining Yeezy stock, but pointed to slower revenue growth in the...
Budweiser beer in an IGA grocery store in Montreal, Quebec, Canada, on Tuesday, Feb. 4, 2025. Bloomberg | Getty ImagesShares of the world's largest brewer AB InBev jumped more than 8% on Wednesday after the company posted better-than-expected fourth-quarter sales despite an annual decline in volumes.The drinks maker, whose brands...
A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty ImagesHaute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth-quarter sales, proving still strong demand for the most exclusive products in...
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on March 19, 2024 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty ImagesConsumer goods giant Unilever on Thursday posted slightly weaker-than-expected sales growth...
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty ImagesFrench luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.The high-end fashion...
MOSCOW, Russia - March 31, 2022: Bottled Carlsberg beer seen on a supermarket shelf. Russia on Monday seized control of the Russian subsidiaries of Danone and Carlsberg, both of which are in the process of selling their Russian operations. The Danish brewer is still represented in Russia by the...
Medical bottles and syringe are seen with Novo Nordisk logo displayed on a screen in the background.Nurphoto | Nurphoto | Getty ImagesShares of Novo Nordisk rose 4.5% on Wednesday after reporting better-than-expected net profit in the fourth quarter amid soaring demand for its Wegovy obesity drugs, but forecast a...
An office building designed by Frank O. Gehry at the Novartis AG headquarters campus in Basel, Switzerland.Bloomberg | Getty ImagesSwiss pharmaceutical giant Novartis on Friday reported better-than-expected sales in the fourth quarter, but falling short of its own guidance over the full-year stretch.Fourth-quarter net sales rose 16% on a...