It’s that time again. The second-quarter earnings season kicks off this week with 37 companies that are members of the S & P 500 index set...
Category: Earnings
Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change...
Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest financial hit yet from its turnaround...
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still,...