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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’ 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 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 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.
PepsiCo cut its full-year earnings outlook, citing inflation, higher advertising costs and continued weakness in North America. The company said it is working to reduce expenses and revive sales.
PepsiCo cut its full-year earnings outlook, citing inflation, higher advertising costs and continued weakness in its North American business while it reduces expenses and tries to revive sales.