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Tapestry forecasts strong annual profit as Coach draws young shoppers

Tapestry forecasts strong annual profit as Coach draws young shoppers

Aug 13 (Reuters) - Tapestry beat Wall Street estimates for quarterly profit and issued an upbeat annual earnings forecast on Thursday, betting on resilient demand from affluent and young shoppers for its Coach handbags.

Birkenstock raises revenue forecast on strong demand, shares jump

Birkenstock raises revenue forecast on strong demand, shares jump

Aug 13 (Reuters) - Birkenstock raised its full-year sales growth forecast and beat quarterly revenue estimates on Thursday, banking on resilient full-price demand for its premium sandals from affluent shoppers, sending its shares up 7% premarket.

Treasury Wine swings to annual loss on US woes; shares whipsaw

Treasury Wine swings to annual loss on US woes; shares whipsaw

Aug 13 (Reuters) - Australia's Treasury Wine Estates swung to an annual loss on Thursday after writedowns in its U.S. business and said it expects 2027 earnings to be at least in line with the prior year, sending its shares lower in volatile trade.

Treasury Wine shares notch 8-month closing high on stable earnings outlook

Treasury Wine shares notch 8-month closing high on stable earnings outlook

By Roshan Thomas and Nikita Maria Jino Aug 13 (Reuters) - Treasury Wine Estates said on Thursday it expects annual operating earnings to be at least in line with the previous financial year after a 36% drop in 2026, easing investor concerns and helping its shares close higher after early losses.

Trivector Research Recommends 'Non-Tech Compounders' for Diversified Investment

Trivector Research Recommends 'Non-Tech Compounders' for Diversified Investment

Trivector Research Recommends 'Non-Tech Compounders' for Diversified Investment

Cava beats quarterly expectations on Mediterranean cuisine demand

Cava beats quarterly expectations on Mediterranean cuisine demand

By Neil J Kanatt Aug 11 (Reuters) - Cava Group on Tuesday beat Wall Street expectations for second-quarter sales and core profit, helped by demand for its affordable Mediterranean food, sending its shares up about 12% in extended trading.

China's Lenovo posts 43% jump in Q1 revenue, highest in five years

China's Lenovo posts 43% jump in Q1 revenue, highest in five years

By Laurie Chen BANGALORE/BEIJING, Aug 13 (Reuters) - China's Lenovo Group reported a 43% jump in quarterly revenue on Thursday, beating forecasts and sending shares of the world's largest computer maker surging, as it rides an AI hardware boom and reaps the benefits of a global memory chip shortage.

China's Londian Wason valued at $2 billion as shares rise in NYSE debut

China's Londian Wason valued at $2 billion as shares rise in NYSE debut

Aug 12 (Reuters) - Copper foil maker Londian Wason New Energy Tech was valued at $2.01 billion in its New York Stock Exchange debut on Wednesday, marking the largest IPO of a Chinese company in the U.S. in more than a year.

Federer-backed On's shares plunge as Americas sportswear growth slows

Federer-backed On's shares plunge as Americas sportswear growth slows

By Angela Christy M Aug 11 (Reuters) - U.S. shares of On Holding plunged as much as 22% and were on track for their worst day on record after the sportswear brand missed estimates for second-quarter net sales on Tuesday, hurt by slowing growth in its all-important Americas market.

Hims & Hers bigger-than-expected quarterly loss overshadows revenue forecast raise

Hims & Hers bigger-than-expected quarterly loss overshadows revenue forecast raise

NEW YORK, Aug 10 (Reuters) - Hims & Hers Health on Monday posted a bigger-than-expected second-quarter loss as the telehealth company's shift to branded weight-loss drugs drove up costs. Shares of the company were down 5% in after-hours trading, even though Hims raised its annual revenue forecast.

Rocket Lab flags weaker quarterly margins as lower-profit satellite sales increase

Rocket Lab flags weaker quarterly margins as lower-profit satellite sales increase

Aug 10 (Reuters) - Rocket Lab forecast third-quarter gross margin below Wall Street expectations on Monday, as sales of lower-margin satellite platforms are set to make up a larger share of its business.

Teledyne to acquire Varex Imaging in $1.1 billion deal

Teledyne to acquire Varex Imaging in $1.1 billion deal

Aug 10 (Reuters) - Sensing-systems maker Teledyne Technologies agreed to acquire Varex Imaging for $18.90 per share in an all-cash transaction valued at approximately $1.1 billion, the companies said on Monday. Shares of X-ray imaging components maker Varex jumped nearly 50% before the bell.