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.
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Germany's Douglas missed third-quarter core earnings expectations, citing high price sensitivity among consumers in its key European markets.
Kimberly-Clark cut its annual sales and profit forecasts, citing a significant hit to second-quarter sales in China.
Beiersdorf has trimmed its full-year guidance, citing a difficult market environment and a slower-than-expected recovery at Nivea.
Alimentation Couche-Tard has announced plans to acquire all of the issued and outstanding shares of Polish convenience retailer Żabka.
L'Oréal reported better-than-expected quarterly sales, boosted by strong demand for new hair products and mascaras.
Alimentation Couche-Tard has received approval from the Toronto Stock Exchange (TSX) for the renewal of its share repurchase programme.
L'Oréal veteran Allison Badea has been tapped for the role as the brand faces falling sales and a long turnaround road.
Sweden's Essity reported second-quarter core earnings slightly above expectations as demand remained resilient despite cost pressures.