Nike forecasts dour annual revenue on weak demand for its sneakers
NIKE on Thursday (Jun 27) forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the ...
Tag: Revenue
Lloyds CEO expects £300 million UK business banking revenue boost
LLOYDS Banking Group is set to make an extra £300 million (S$515.2 million) a year in revenue by 2026 from ...
BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services
CANADA’S BlackBerry beat first-quarter revenue estimates on Wednesday (Jun 26), driven by a resilient demand for cybersecurity services in the ...
Levi falls after reporting revenue slightly below estimates
DENIM maker Levi Strauss & Co fell in late trading after the company reported sales in its latest quarter that ...
Oracle warns that a TikTok ban would dent revenue and profit
ORACLE warned investors that a new law potentially banning TikTok in the US threatens to hurt its financial results.The law ...
Huawei, Tencent near deal to exclude WeChat from revenue sharing
HUAWEI Technologies is nearing a deal to let Tencent Holdings’s WeChat super app operate fully on its Harmony mobile platform ...
Broadcom boosts revenue forecast from AI chips, unveils stock split
BROADCOM raised its annual forecast for revenue from chips that help in artificial intelligence (AI) work by 10 per cent ...
Oracle expects double-digit revenue growth for fiscal 2025 on strong AI demand
ORACLE on Tuesday (Jun 11) forecast its revenue for fiscal 2025 to grow in double digits, in a sign of ...
Chinese food delivery leader Meituan revenue up 25%, beats estimates
CHINA’S leading food delivery group Meituan on Thursday (Jun 6) reported a bigger-than-expected 25 per cent rise in quarterly revenue, ...
Lululemon beats quarterly revenue estimate, announces more share buyback
LULULEMON Athletica beat Wall Street expectations for first-quarter revenue on Wednesday (Jun 5), as strong international business helped buffer a ...
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