Aritzia raises sales outlook after U.S. growth accelerates
Aritzia raised its full-year revenue outlook after U.S. sales rose 60% to C$779.4 million in its fiscal second quarter. The company said U.S. growth accelerated in the period.
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Aritzia lifts guidance on stronger U.S. sales
Aritzia raised its revenue expectations for fiscal 2027 after stronger U.S. sales supported higher profit and revenue. The Canadian retailer said the new outlook implies revenue growth of 29% to 32% from the prior year.
Dow Jones roundup highlights Microsoft, PepsiCo, Viatris
Dow Jones’ 5 p.m. ET roundup highlights a series of company updates, including Microsoft’s new Xbox unit, PepsiCo’s outlook cut, Viatris’ planned Pacira BioSciences acquisition and Samsung’s profit outlook.
Dow Jones roundup highlights multiple corporate developments
Dow Jones Newswires listed a series of corporate and regulatory headlines, including Microsoft, PepsiCo, Devon Energy, Viatris and Samsung. The package also included legal, production and deal updates across several companies.
PepsiCo cuts full-year outlook on North America weakness
PepsiCo cut its full-year earnings outlook as inflation, higher advertising costs and continued weakness in North America weighed on results. The company said it is working to reduce expenses and revive sales.
CA Warns Against Branded Gas
California governor's office warns drivers about pricey branded gas, but studies suggest it may be worth the cost due to perceived quality differences