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...Pandemic-era savings also helped fuel a boom in online luxury sales....
...Berjaya Food, which operates Starbucks in the country, last month reported a net loss of RM42.6mn in the final three months of 2023, against a net profit of RM35.5mn one year earlier....
...Overall net sales were $143.3bn, up 13 per cent from the year before and above forecasts for $142.5bn....
...Net debt rose to £1bn, from £868mn a year earlier....
...First-quarter net sales at the Netherlands-based electronics group fell to €5.3bn, down from €6.7bn in the same period a year earlier and €7.2bn in the fourth quarter but in line with its guidance....
...During the three months, it had a cash outflow of £190.4mn, compared with £118.3mn a year before, partly due to a £42.6mn cash net interest payment....
...The billionaire family behind the discount chain Home Bargains paid themselves a £36mn dividend last year after the retailer notched up a rise in profits and sales amid the cost of living crisis....
...Amazon’s overall net sales were $143.3bn, up 13 per cent from the year before and above forecasts for $142.5bn. Net income was $10.4bn, well ahead of forecasts for $8.7bn....
...The Shenzhen-based company, which surpassed Tesla as the world’s largest pure EV maker by sales in the fourth quarter of last year, recorded Rmb30bn ($4bn) in net profit in 2023, missing analysts’ estimates...
...Chief executive Dolf van den Brink said all regions posted higher volumes and net revenues....
...BlackRock’s iShares arm topped the quarterly flows league with €14.1bn of net sales, ahead of DWS’s Xtrackers business and Amundi, which respectively attracted €8bn and €5bn of net new money....
...Nike said sales in most regions increased in its most recent quarter, offsetting declines in Europe and the Middle East, helping the world’s largest sportswear company report better than expected results...
...The public listing of European private equity firm CVC Capital Partners will net one of its co-founders, Donald Mackenzie, a windfall of up to €150mn....
...retailer said sales grew 8.6 per cent from a year ago to €10.4bn in the three months to the end of January, up from 6.6 per cent growth in the previous quarter.Net earnings climbed 23.5 per cent to €1.3bn...
...However, Walmart projected 3 to 4 per cent consolidated net sales growth over the next 12 months, below the 4.5 per cent pencilled in by Wall Street....
...Net revenue rose 9.4 per cent to €6.8bn, ahead of the 7.2 per cent rise forecast by analysts....
...Global drinks giant Diageo reported a drop in spirits sales on the back of a slump in Latin America that led it to issue a shock profit warning late last year.Net sales fell 1.4 per cent in the six months...
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
...The fast-casual chain reported net income of $359mn on revenues of $2.7bn, matching expectations for sales and exceeding analysts’ profit forecasts by about 12 per cent....
...The maker of Heinz Ketchup said organic net sales fell 0.7 per cent in the last three months of 2023....
...It said the share price was unlikely to increase to reflect the adjusted net asset value or deal price “in the medium term as a result of numerous company-specific and certain market issues”....
...Net income for the December quarter was ¥29.1bn ($194.8mn), well below consensus analyst estimates from Bloomberg of ¥77.7bn. Vehicle sales in China declined 35.5 per cent from the previous year....
...The Chinese tech group on Wednesday announced that sales for the three month period rose five per cent on year to Rmb260bn ($36bn), just short of the expected Rmb262bn....
...Net losses narrowed, from $329mn in the first quarter of 2023 to $305mn in the first quarter of this year....
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