Estée Lauder warns profit will fall below estimates, cites $100 million tariff impact
Estée Lauder has forecast full-year profits below analyst expectations, citing ongoing market weakness and an anticipated $100 million hit from tariffs. ...
Tag: Profit
Cacao’s bitter truth: Behind the world’s chocolate addiction
Cacao, once sacred to ancient empires, is now at the centre of a multibillion-dollar global industry. But behind the allure ...
OpenAI and Musk agree to fast tracked trial over for-profit shift
OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI's for-profit shift, the latest turn in a grudge match between ...
UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub
Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early ...
Neobank winners and laggards point to long-term fintech strategic shift
The conditions that came together to incubate the neobank movement are giving way. A new world order is coaxing the ...
Elon Musk chides OpenAI’s for-profit pivot after his $50M investment
OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then ...
Ferrari profit jumps 24% as demand pushes waiting list into 2025
Ferrari said on Thursday that its first-quarter profit jumped 24% to 297 million euros on a 10% increase in shipments. ...
Deutsche Bank posts better-than-expected profit
Job cuts in non-client facing jobs Deposits drop by 5% 11th quarter of profit Investment bank revenue falls Deutsche Bank (DBKGn.DE) reported ...
Manchester United report $7.7M net profit in latest results
Manchester United as reported a net profit of 6.3 million pounds in its second quarterly fiscal results Manchester United reported ...
Lego sales stay strong, net profit of about $2 billion
A look at the numbers behind the competition in the toy industry as the maker of Legos out-profits rivals Hasbro ...