The U.K. e-commerce company–known as The Hut Group–said that it expects to meet market forecasts for 2022 adjusted earnings before interest, taxes, depreciation and amortization, while backing its medium-term adjusted Ebitda margin guidance of above 9.0%.
Dow Jones Newswires: U.K. unemployment rate stabilized in quarter to November as wage growth intensified
The U.K.’s unemployment rate was unchanged at 3.7% in the three months to November compared with the preceding three-month period.
Dow Jones Newswires: Ocado backs full year view after strong quarter, record Christmas performance
The company backed its fiscal 2022 guidance, where it expects sales to decline and to finish its fiscal year with close to break-even earnings before interest, taxes, depreciation and amortization.
Dow Jones Newswires: Hugo Boss 2022 sales and earnings beat estimates
Hugo Boss AG ended the year on a high note as top-line growth continued to drive earnings in the fourth quarter and helped the company finish ahead of expectations
Dow Jones Newswires: China 2022 home sales by value fell 28.3%
Chinese home sales fell 28.3% in 2022 from the previous year, official data showed Tuesday.
Dow Jones Newswires: Burberry appoints new chief digital, customer and innovation officer and chief merchandising officer
The new appointees will report to Chief Executive Jonathan Akeroyd and join the executive committee.
Outside the Box: On MLK Day, let’s remember that Martin Luther King’s dream included full employment for all
The federal government should subsidize jobs so communities with high unemployment can share in the nation’s prosperity
The Wall Street Journal: Electric vehicles made up 10% of all new cars sold last year
Analysts warn that repeating last year’s strong EV performance in 2023 could be difficult as economic worries weigh on consumers
: Rise in middle-aged white ‘deaths of despair’ may be fueled by loss of religion, new research paper argues
Declining religious practice is associated with more deaths of despair, a research paper finds
: Morgan Stanley cuts U.S. dollar forecasts lower
The U.S. dollar is going to drop further, Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy