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Stories published on May 29
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  • Stories published on May 29

Wednesday, May 29

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American Eagle profit soars, but sales grow slower than expected

www.nbcnews.com

American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations.

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American Eagle profit soars, but sales grow slower than expected

www.cnbc.com

American Eagle has been working to boost its profits over the next three years and has drilled down on revamping its product assortment.

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Profits at Boots soar as beauty sales boom

www.ft.com

Pharmacy chain benefits from performance of brands such as Soap & Glory and Liz Earle

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Latest News | Bata India Q4 Net Profit Down 3 Pc to 63.6 Cr, Revenue Up 2.5 Pc to Rs 797.8 Cr

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Leading shoemaker Bata India Ltd on Wednesday reported a 3.02 per cent decline in consolidated net profit to Rs 63.64 crore for the fourth quarter ended March 2024.

Latest News | EIH Q4 Net Profit More Than Doubles to Rs 247.6 Cr

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Hospitality major EIH Ltd on Wednesday reported more than two-fold increase in consolidated net profit to Rs 247.6 crore for the March quarter, driven by higher revenue.

Business News | Dredging Corporation of India Posts Profit of Rs 35.68 Cr for FY'2023-24

www.latestly.com

Get latest articles and stories on Business at LatestLY. Despite facing a one-time provision of Rs 30.71 crore, which impacted its fourth-quarter results leading to a loss of Rs 23.47 crore, DCI managed to achieve 147 per cent growth in…

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Heritage Foods posts Q4 profit surges on strong demand for dairy products

www.thehindu.com

The dairy producer's consolidated net profit from continuing operations rose to ₹405 million

Latest News | HeidelbergCement India Q4 Profit Up 38 Pc to Rs 48 Cr

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. HeidelbergCement India Ltd on Wednesday reported a 37.72 per cent increase in net profit to Rs 48.16 crore for the March quarter, aided by reduction in operating cost.

Weak sales and rising costs send Pets At Home's profits sliding

www.express.co.uk

Pets At Home says that a tough market for pet accessories and higher costs have sent its annual pre-tax profits down 13.7% to £105.7million.

Rushydro Q1 net profit falls by 39.3% to $184.8 mln

tass.com

According to the company, its net profit fell due to growing interest expenses against the backdrop of rising interest rates on the group’s borrowings and the volume of Rushydro’s debt portfolio

American Airlines’ profit-view cut draws at least one downgrade as stock swoons

www.marketwatch.com

Seaport cuts rating on AAL to neutral from buy while JP Morgan’s Jamie Baker says he’s more disappointed than surprised

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India News | Tata Steel Q4 Net Profit Falls 64 Pc to Rs 554 Cr; Board Approves Rs 3,000 Cr Fund Raising Plan

www.latestly.com

Get latest articles and stories on India at LatestLY. Tata Steel on Wednesday reported a 64.59 per cent decline in its consolidated net profit to Rs 554.56 crore during the March 2024 quarter on lower realisations and certain exceptional…

BMO misses Q2 profit expectations as it sets aside more money for bad loans

globalnews.ca

BMO Financial Group raised its dividend as it reported a profit of $1.87 billion in its latest quarter, up from $1.03 billion a year earlier.

Absa profits up 34% despite spike in bad loans

www.the-star.co.ke

Customer deposits rose by 14 per cent to Sh355 billion

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Latest News | Alkem Lab Q4 Net Profit Surges Four-fold to Rs 293 Crore

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Alkem Laboratories on Wednesday said its consolidated net profit surged four-fold to Rs 293 crore for the March 2024 quarter.

Pets at Home reports profit decline but sees potential in vet services expansion

www.mirror.co.uk

The petcare retailer and vet operator said it is confident in its growth strategy and is 'not threatened' by an ongoing watchdog review into the vet industry

Dick's Sporting Goods Q1 Earnings: Revenue Growth, Net Store Closures And Hike In Profit Outlook

www.benzinga.com

Dick's Sporting Goods shares surged after reporting better-than-expected Q1 FY24 earnings and boosting its outlook. Sales grew 6.2% to $3.02 billion, beating estimates, with comparable store sales up 5.3%. Adjusted EPS of $3.30 surpassed…

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Latest News | Jubilant Pharmova Q4 Net Profit Jumps over Two-fold to Rs 61 Crore

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Drug firm Jubilant Pharmova on Wednesday reported an over two-fold increase in consolidated profit after tax at Rs 61 crore for the fourth quarter ended March 2024.