Puma reports Q3 sales increase on rising running and soccer shoes demand
(Reuters) – German sportswear maker Puma (OTC:PMMAF) on Wednesday reported a 5% rise in currency-adjusted sales for the third quarter as it sold more running and soccer shoes. Quarterly currency-adjusted sales rose to 2.31 billion euros ($2.48 billion), broadly stable…
M&S expects ‘further progress’ after first-half profit beat
LONDON (Reuters) – British retailer Marks & Spencer (OTC:MAKSY) forecast “further progress” in the balance of the year after reporting a better-than-expected 17.2% rise in first-half profit, helped by market share gains, adding to evidence its latest turnaround plan is…
UK’s Domino’s Pizza Q3 sales rise on delivery orders and offers
(Reuters) – UK’s Domino’s Pizza (NYSE:DPZ) Group on Wednesday said its total system sales in the third quarter rose 3%, driven by a increase in delivery orders and boosted by discounted pricing. The franchise, which operates under the umbrella of…
BMW profit dives, misses expectations due to weak China sales, brake issues
By Nick Carey (Reuters) – BMW (ETR:BMWG) on Wednesday reported a 61% drop in its quarterly third-quarter profit that missed analyst expectations because of slumping China sales and brake problems, but said it was on track to meet its adjusted…
Tesla pops 14% in Frankfurt as early US vote results lift ‘Trump trades’
MILAN (Reuters) – Tesla (NASDAQ:TSLA)’s Frankfurt-listed shares rallied over 14% at the open on Wednesday, as investors were increasingly pricing in a win for Republican Donald Trump in the U.S. presidential race against Democratic Vice President Kamala Harris. Elon Musk,…
Earnings call: Castle Biosciences reports robust Q3 growth, raises guidance
Castle Biosciences Inc . (NASDAQ:CSTL), a leading skin cancer diagnostics company, has reported a substantial 39% increase in revenue for the third quarter of 2024, reaching $85.8 million. The growth was primarily driven by a significant rise in test volume…