Tag

Sales Growth

All articles tagged with #sales growth

business1 month ago

Macy’s Surges in Profit and Outlook Amid Holiday Resilience

Macy's reported its strongest sales growth in over three years, beating expectations and raising its full-year outlook, though it remains cautious about holiday season spending due to economic pressures and higher tariffs. The company is investing in store improvements and closing underperforming locations to revitalize its core business, with positive early signs from Black Friday sales.

business1 month ago

American Eagle's Sydney Sweeney Campaign and Aerie's AI Pledge Drive Strong Sales and Stock Gains

American Eagle Outfitters reported strong sales, especially at its Aerie lingerie and loungewear brand, leading to an upward revision of its full-year outlook. The company's quarterly revenue and earnings surpassed expectations, driven by robust holiday sales and increased demand across its brands, prompting a positive outlook for the upcoming quarter and year.

business2 months ago

TSMC's Revenue Growth Slows Amid AI Demand Moderation

TSMC's October sales growth slowed to 16.9%, the slowest since February 2024, amid concerns over the sustainability of the AI boom, despite strong industry demand and significant investments by major tech companies. While short-term growth has cooled, industry leaders remain optimistic about AI-driven expansion, with chip demand remaining high and supply tight.

business2 months ago

Merck Reports Strong Q3 Results Amid Mixed Outlook

Merck & Co. reported a 4% increase in worldwide sales to $17.3 billion in Q3 2025, driven by strong growth in KEYTRUDA and WINREVAIR, despite declines in GARDASIL sales. The company achieved significant pipeline milestones, including FDA approvals and positive trial results, and raised its full-year sales and EPS outlooks, reflecting ongoing strategic investments and acquisitions. Overall, Merck demonstrated robust financial performance and pipeline progress, positioning itself for continued growth in 2025.

business3 months ago

Lowe's completes $8.8 billion acquisition to strengthen its market position

Lowe's has completed an $8.8 billion acquisition of Foundation Building Materials to expand its offerings for professional customers and boost sales amid challenging market conditions, following a similar move by rival Home Depot. Despite slight sales increases, Lowe's faces declining customer visits and cautious consumer behavior due to economic factors like high mortgage rates and a sluggish housing market.

business5 months ago

Cava Shares Drop Amid Lowered Sales Forecasts and Economic Uncertainty

Cava Group's stock dropped 22% after missing second-quarter revenue expectations and lowering its full-year same-store sales growth forecast to 4-6%, citing a revenue shortfall despite increased restaurant openings and earnings beat. The company opened 16 new locations in the quarter and plans to open up to 70 this year, raising pre-opening cost estimates but maintaining its EBITDA outlook.