Aug 29 (Reuters) – Birkenstock (BIRK.N)opens new tab Quarterly earnings expectations were missed on Thursday as the German sandal maker’s global expansion and production increases led to a decline in its margins, sending shares down 12% in early trading. Due to strong global demand and to increase sales through its own channels, where products are […]
Article 1 of 2 The logo of Seven & i of Japan is seen at its 7-Eleven convenience store in Tokyo, Japan, August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo (1/2)The logo of Japan’s Seven & i is seen at its 7-Eleven convenience store in Tokyo, Japan, August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing rightopens new […]
Aug 27 (Reuters) – Nordstrom (JWN.N)opens new tab The company reported second-quarter profit that beat estimates on Tuesday. Revenue was boosted by key anniversary sales, sending shares up nearly 7% in after-hours trading. The upscale department store chain also raised the lower limit of its annual forecast for comparable sales growth to 0% to 2% […]
