Thai Union Raises Full-Year Guidance After Strong Q2 Results
Thai Union Group exceeded gross profit margin expectations in Q2, driven by disciplined cost management and a favourable product mix.
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Lifeway delivers record revenues in Q2
Gross Profit Margin equaled 19.5%, compared to 28.6% in the prior-year period, primarily reflecting elevated milk prices, temporary increases in resin costs for packaging and…
Nomad Foods slashes EPS forecast on debt restructuring
Nomad Foods has slashed its EPS guidance as the Findus brand owner posted an anticipated decline in second-quarter sales and profits. The post Nomad Foods slashes EPS forecast on…
Apetit issues profit warning as hot weather hits peas
Apetit has cut its full-year profit outlook, citing “challenging” weather conditions in Sweden that are expected to reduce pea crop yields. The post Apetit issues profit warning…
Restaurant chain Exki posts its first profit in six years
For the first time in six years, Exki, the Belgian chain of healthy “fast casual” restaurants, returned to profitability last year, although profits remain very modest. The first…
Maersk Q2 Profit Surges Past Forecasts, Raises Outlook For Second Time This Year
Maersk smashed profit forecasts and raised its full-year earnings guidance for a second time this year due to higher freight rates.
Douglas hints at store closures following loss-making quarter
The Douglas perfume chain is feeling the reluctance of European consumers more and more acutely. In the third quarter, revenue fell slightly, but operating profit took a much…
Shein targets lower valuation for Hong Kong float after profit slide
For its planned float on the Hong Kong Stock Exchange, Shein has presented investors with a valuation in the mid-to-high $20 billions. The post Shein targets lower valuation for…
On shares plunge as Q2 sales miss expectations despite profit growth
On lowered its full-year sales outlook as second-quarter revenue growth slowed in its largest market
Douglas Core Profit Lags Market Expectations As Beauty Shoppers Seek Deals
Germany's Douglas missed third-quarter core earnings expectations, citing high price sensitivity among consumers in its key European markets.
Haacht Brewery boosts profitability, yet remains in the red
Haacht Brewery has managed to significantly improve its operating profitability, but is still in the red overall. Revenue also declined. Nevertheless, the beer producer sees a…
Sneaker brand On would rather slow down than sacrifice profit margins
Sports shoe brand On posted lower-than-expected revenue in the second quarter. Growth slowed particularly in the Americas. However, the Swiss challenger to Nike and Adidas refuses…