By Michael Susin Superdry, the British clothing brand, has warned that its full-year performance is expected to suffer due to persistently challenging market conditions. This follows a drop in revenue for the first half of fiscal 2024 and news of the company's chief financial officer stepping down. Despite a 0.7% increase in shares to 17.0 pence at 0826, Superdry continues to … [Read more...] about Superdry Expects Full-Year Performance to be Impacted by Challenging Market Conditions
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Elementis Reports Resilient Performance in Q4 2023
The London-based specialty-chemicals company, Elementis, has announced that its performance in the fourth quarter of 2023 remained strong despite challenging market conditions. The company reported significant growth in both profit and revenue during this period, in contrast to a weak fourth quarter in the previous year. Adjusted operating profit, which excludes exceptional and … [Read more...] about Elementis Reports Resilient Performance in Q4 2023
Agilent Technologies Faces Challenges in China, Lowers Guidance
Agilent Technologies (ticker: A) experienced a decline in its stock price following a reduction in its revenue guidance due to weak market conditions in China. The company now expects full-year revenue to range from $6.8 billion to $6.85 billion, down from the previous guidance of $6.93 billion to $7.03 billion. Similarly, earnings per share for the full year are now estimated … [Read more...] about Agilent Technologies Faces Challenges in China, Lowers Guidance