Higher gas prices are not being passed on to Walmart customers, hurting the companies earnings and forecasts even as sales continue to rise.
The post Walmart Absorbs Higher Gas Prices, Takes Profit Hit Instead of Raising Customer Prices appeared first on Breitbart.
Performance was strongest in North America and the direct-to-consumer channel. Wholesale declines dragged on the top line.
Sales were flat in 2026, but profits improved considerably under the Burberry Forward strategy.
SES has canceled two satellites Intelsat ordered before being acquired by the Luxembourg-based multi-orbit operator, joining France’s Eutelsat in pulling back from GEO expansion plans drawn up just a few years ago.
Under Armour said Tuesday that the company expects to take a 1% hit to revenues in its current fiscal year due to the ongoing exit from its brand partnership with Golden State Warriors guard Stephen Curry, part of a broader retrenchment at the apparel and shoe company that chief executive Kevin Plank said will focus […]
The radio company forecast growth in podcast revenue and political ad spending later this year.
"After years of doing hard, unsexy, foundational work ... we have now hit our stride," CEO Robert Kyncl said on an earnings call.
Josh D’Amaro’s inaugural earnings call as CEO of the Walt Disney Co. was a highly regimented affair, as company officials pre-screened queries submitted by analysts in advance of Wednesday morning’s financial huddle. With just days to go before Disney convenes its 2026-27 upfront presentation in New York, D’Amaro and Disney senior VP and chief financial […]
_The Wizard of Oz_ , Eagles and Illenium's Odyssey residencies drove Sphere segment revenue up 70% over last year.
A roundup of Universal Music Group, Spotify, HYBE and other music companies' earnings results for the quarter ending March 31, 2026.
Apple CEO Tim Cook told analysts that AI adoption has happened faster than expected.
The audio entertainment company discussed improved customer retention with companion plans and advertising 'momentum,' but declined to address market speculation that it may acquire iHeart Radio.
Prada sales remained broadly flat, while Miu Miu’s growth began to normalize against tough comparisons.
Lanvin, Wolford, and Sergio Rossi all saw double-digit declines as the group navigates macro headwinds and a transformation strategy.
Revenues declined in 2025, though margins improved and high-end lines outperformed. The group is now navigating its leadership transition and potential sale.
Moncler Group saw a strong first quarter of fiscal 2026, despite slight EMEA drag.
EBITDA margins hit all-time highs for Lily Allen and Jason Aldean's record label, but divestments from non-core businesses presented a drag on total revenue.
Off the back of a revenue decline, the company is preparing for increasing “uncertainty” across luxury in 2026.
What the earnings of Puig, Estée Lauder Companies, Coty, Unilever and L’Oréal Group say about the future of the beauty industry.
The Paris-based streaming company reported its first year of positive net income, adjusted EBITDA and free cash flow.
Telesat plans to carve out 25% of its Lightspeed broadband constellation for military Ka-band as the program’s latest delay pushes global service into early 2028, creating more room to align the design with shifting geopolitical priorities.
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This year, Axon is expected to receive $220 million in taxpayer funding for a single Immigration and Customs Enforcement taser contract.…
Here's what you need to know from Sir Lucian Grainge and other top executives' remarks on the company's fourth quarter and full-year earnings call.
Eutelsat has completed the last step in a 5 billion euro ($5.8 billion) refinancing plan to refresh its OneWeb constellation and support Europe’s IRIS² sovereign connectivity program, the French satellite operator announced March 6.
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The music giant reported revenue of 12.5 billion ($14.7 billion) for the full year ending Dec. 31, which was up 8.7% from a year ago.
Prada Group revenues grew 9% in 2025, while Versace chair Lorenzo Bertelli revealed what to expect from the brand’s post-acquisition turnaround.
Shares of online ticket seller StubHub tumbled Thursday after the company reported disappointing fourth-quarter earnings and ahead of the expiration of its IPO lockup on Friday. StubHub late Wednesday posted a net loss of $535.3 million, or $1.56 a share, for the fourth quarter ended Dec. 31, compared to a profit of $54.1 million or […]
Canadian telco Telus has agreed to take a stake in AST SpaceMobile and invest in ground infrastructure needed to connect subscribers to the operator’s planned direct-to-smartphone constellation.
The post Telus invests in AST SpaceMobile to expand D2D coverage in Canada appeared first on SpaceNews.
CBS Sports expects to be in business with the NFL for a “long time” despite the looming negotiations with the league for new media contracts. The comment came from Paramount Skydance president Jeff Shell on today’s Paramount earnings call. The company’s hostile bid for Warner Bros. Discovery has been the headline story for the company Read more...
The post Paramount optimistic on future of NFL…
Net sales dipped to €1.6 billion, impacted by a significant drop in wholesale. But there’s growth at Glenn Martens’s Margiela.