The company said Thursday after market close that adjusted revenue for the fourth quarter was 1.03 billion euros ($1.12 billion), up 8.1% compared with a year earlier and up 5.1% on an organic basis.
Dow Jones Newswires: Spain’s economy grows more than expected in fourth quarter
Spain’s gross domestic product grew 0.2% in the fourth quarter compared with the previous three-month period, preliminary data from the country’s statistics office INE showed Friday
The Fed: Fed set to deliver quarter-point rate hike along with ‘one last hawkish sting in the tail’
The Federal Reserve on Wednesday will hike rates by a quarter-point, a downshift from December but will make sure to sound hawkish, economists said.
Dow Jones Newswires: Superdry cuts profit guidance after swinging to first-half loss
Due to underperformance of its wholesale division and increasing uncertainty over the fourth quarter, Superdry cut its fiscal 2023 adjusted pretax profit outlook to be broadly breakeven.
Dow Jones Newswires: Remy Cointreau total sales fall, weighed by weak cognac revenue in the U.S.
A slowing U.S. economy weighed on overall sales for the French spirits group, though it reported a steep rise in shipments to China ahead of the Lunar New Year.
Dow Jones Newswires: LVMH posts forecast-beating sales of $24.78 billion, sees further growth ahead
The mainstay fashion business, home to brands Louis Vuitton and Dior, again outperformed the wider group in the fourth quarter, booking 10% sales growth.
The Margin: That delivery worker who interrupted a college basketball game? It was just a prank.
The delivery worker walked onto the court during an Atlantic 10 game between Loyola of Chicago and host Duquesne.
MarketWatch First Take: Intel just had its worst year since the dot-com bust, and it won’t get better anytime soon
History may be repeating itself as Intel has renewed competition with AMD amid a sharp economic downturn.
: Gallo, the biggest U.S. wine company, to lay off 355 in California
E. & J. Gallo Winery, the nation’s largest wine producer, will lay off more than 350 workers as it shifts its distribution in California.
: What’s next for Bed Bath & Beyond after defaulting on its loans?
News of the loans’ default comes just three weeks after Bed Bath & Beyond said it may need to declare bankruptcy.