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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.

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.

Cava beats quarterly expectations, reiterates forecasts amid outbreaks and economic worries

Cava beats quarterly expectations, reiterates forecasts amid outbreaks and economic worries

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, but kept annual forecasts unchanged amid risks from recent food safety outbreaks and macroeconomic uncertainty.

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.

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.

Nebius beats quarterly revenue estimates as AI demand fuels growth

Nebius beats quarterly revenue estimates as AI demand fuels growth

Aug 12 (Reuters) - Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services helped the company win larger contracts and raise prices for computing capacity, sending its shares up 12% in premarket trading.

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

Smithfield Foods trims full-year forecasts as consumers rein in spending

Smithfield Foods trims full-year forecasts as consumers rein in spending

Aug 11 (Reuters) - Smithfield Foods cut its annual total sales and adjusted operating profit forecasts on Tuesday, citing ongoing challenges including cautious consumer spending and higher input costs. Shares of the company were down 3% in premarket trading.

Sportswear brand On misses quarterly sales view as consumers cut back

Aug 11 (Reuters) - Sportswear brand On missed Wall Street estimates for second-quarter net sales on Tuesday, signaling pressure from a tougher consumer environment and higher costs from U.S. tariffs.

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.

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.

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.