Shivani Kumaresan

[ad_1] Thor Industries Inc THO reported a second-quarter FY23 sales decline of 39.4% year-on-year to $2.35 billion, missing the consensus of $2.49 billion. Net sales from the North American Towable…

[ad_1] Danish toymaker The LEGO Group reported a 17% sales increase in 2022, outpacing the toy market. The growth was driven by strong demand for the company’s portfolio, retailer partnerships both online…

[ad_1] SpartanNash Co SPTN said its Board of Directors approved a 2.4% increase in quarterly cash dividend The revised dividend now amounts to $0.215 per common share from the previous dividend of $0.21. …

[ad_1] Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Macy’s Inc M with a price target of $25.00. Macy’s reported better than expected fourth quarter EPS of…

[ad_1] Hayward Holdings Inc HAYW has priced the previously announced underwritten public offering of 16 million shares of its common stock at $11.65 per share by funds affiliated with CCMP Capital Advisors,…

[ad_1] A Delaware court has reportedly ruled in favor of McDonald’s Corp MCD board members, saying they did not mishandle sexual harassment and misconduct allegations. The ruling has overturned shareholders’…

[ad_1] Sprouts Farmers Market, Inc. SFM reported fourth-quarter sales growth of 6% year-on-year to $1.58 billion, beating the consensus of $1.56 billion. Comparable store sales increased 2.9%. Gross profit for the…

[ad_1] Molekule Group Inc MKUL has entered into a definitive agreement to acquire Aura Smart Air Ltd, in an all-stock merger with a value of approximately $10 million. Under the merger terms,…

[ad_1] Volkswagen AG VWAGY is reportedly planning to build a production plant in the U.S. for its new Scout brand, avoiding partner collaboration. In May 2022, the automaker announced…

[ad_1] Raymond James analyst Joseph Altobello reiterated an Outperform rating on the shares of Camping World Holdings, Inc.CWH and lowered the price target from $30 to $28. The analyst said the…

[ad_1] Keurig Dr Pepper Inc KDP reported fourth-quarter FY22 sales growth of 12.1% year-on-year, to $3.80 billion, beating the consensus of $3.78 billion. The company attributed the net sales growth to…

[ad_1] TELUS Corporation TU is partnering with Amazon.Com, Inc. AMZN Amazon Web Services Inc (AWS) to create a new TELUS smart living solution. The new solution will use the latest advancements…

[ad_1] Playboy owner PLBY Group Inc PLBY said it has successfully amended its senior secured credit agreement and has made prepayments under the Credit Agreement in the aggregate amount of $70 million. This…

[ad_1] Electric vehicle maker Nio Inc NIO reportedly plans to build a budget EV factory in the Chinese city of Chuzhou in the eastern province of Anhui. The company has…

[ad_1] Ryder System Inc R reported fourth-quarter FY22 sales growth of 19% year-on-year to $3.09 billion, beating the consensus of $3.04 billion. Revenue from Fleet management solutions increased 6% to $1.59…

[ad_1] Morgan Stanley analyst Joshua Pokrzywinski reiterated an Overweight rating on the shares of Rockwell Automation Inc ROK with a price target of $335. For all the cyclical ambiguity reflected in macro…

[ad_1] Tour operator TUI AG TUIFF reported a 58% year-on-year increase in Q1 revenue to €3.8 billion. The company had 3.3 million guests travelling with it in Q1, a 43.5% jump from…

[ad_1] Ford Motor Co F has outlined actions that will revitalize its business in Europe and will enable it to profitably compete with a new line-up of passenger vehicles. The company is…

[ad_1] Ralph Lauren Cor RL reported third-quarter FY23 sales growth of 1% year-on-year to $1.83 billion, beating the analyst consensus estimate of $1.76 billion. Revenue in North America increased by 1%…

[ad_1] Tapestry Inc TPR, the New York-based house of lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, reported a second-quarter FY23 sales decline of 5% year-on-year to $2.025 billion, marginally…

[ad_1] PENN Entertainment Inc PENN reported fourth-quarter FY22 sales growth of 0.8% year-on-year to $1.585 billion, marginally beating the consensus of $1.58 billion. Gaming revenue slipped 2.6%, while Food, beverage, hotel, and…

[ad_1] Honda Motor Co Ltd HMC plans to launch a fuel cell vehicle (FCEV) model equipped with the next-generation fuel cell system in 2024, jointly developed with General Motors Company GM. The next-generation fuel…

[ad_1] Li Auto Inc LI said it delivered 15,141 vehicles in January 2023, a 23.4% increase year-on-year. The cumulative deliveries of Li Auto vehicles reached 272,475 as of the end of…

[ad_1] Volkswagen AG VWAGY is reportedly planning to build a battery cell facility in Ontario, Canada. The province of Ontario has also chipped in with investments and incentives, Reuters reported. …

[ad_1] French luxury fashion house LVMH-Moet Hennessy Louis Vuitton LVMHF registered FY22 sales growth of 23% year-on-year to €79.2 billion. Fashion & Leather Goods organic revenue rose 20%, with Louis Vuitton, Christian Dior, Celine,…