Stocks in Euro Area Hit 7-week Low
EU50 decreased to 6199.00 Index Points, the lowest since July 2026. Over the past 4 weeks, Euro Area Stock Market Index (EU50) lost 5.04%, and in the last 12 months, it increased 15.43%.
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RH reports Q2 revenue beats guidance
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.
Brown-Forman reaffirms fiscal 2027 outlook after Q1 results
Brown-Forman said first-quarter fiscal 2027 results were largely in line with expectations and reaffirmed full-year guidance for flat organic net sales and a 3% to 5% decline in organic operating income.