Etiket: lowers
Weak demand and high discounts: JD Sports lowers profit forecast
The British retail group JD Sports Fashion Plc had to admit on Thursday that sales development in autumn and winter fell short of its own expectations. In addition, higher discounts…
ANALYSIS FLASH: UBS lowers target for Aurubis to 92 euros – ‘Buy’
ZURICH (dpa-AFX) – The major Swiss bank UBS has lowered the price target for Aurubis from 100 to 92 euros according to figures for the fourth financial quarter, but left…
Siemens Energy shares under pressure: JPMorgan downgrades Siemens Energy and lowers its price target
The US bank JPMorgan has downgraded Siemens Energy from “Neutral” to “Underweight” and lowered the price target from 13.80 to 9.20 euros. The optimists focused on the sum of all…
ANALYSIS FLASH: JPMorgan lowers Lufthansa to ‘underweight’ and target to 7 euros
NEW YORK (dpa-AFX Broker) – The US bank JPMorgan has downgraded Lufthansa twice from “Overweight” to “Underweight” and lowered the price target from 12.50 to 7.00 euros. In his industry…
After significant sales losses in the third quarter: Lands’ End lowers annual forecasts
The US clothing retailer Lands’ End Inc. closed the third quarter of the 2023/24 financial year with a double-digit decline in sales. The loss was significantly higher than in the…
Hellofresh lowers profit target and caps upper sales target FY
FRANKFURT (Dow Jones)–Hellofresh has lowered the target range for adjusted operating profit (EBITDA) and cut the upper end of the target range for sales. The reason was temporary burdens in…
Moody’s lowers rating outlook for the USA "negative"
By William Watts WASHINGTON (Dow Jones)–Moody’s Investors Service could strip the US of its top credit rating. The agency gave the “AAA” rating for the USA a negative outlook. Moody’s…
Wolverine World Wide lowers forecasts
The US footwear and clothing group Wolverine World Wide Inc. suffered significant losses in sales and profits in the third quarter of the 2023 financial year. The parent company of…
Despite solid quarterly figures: Under Armor lowers sales forecast
The US sporting goods provider Under Armor Inc. was able to surprisingly significantly increase its profit in the second quarter of the 2023/24 financial year. In view of weak demand…
Zalando reduces quarterly loss and lowers sales forecast
The Berlin online fashion retailer Zalando SE was able to significantly reduce its loss in the third quarter of the 2023 financial year. However, the company lowered its full-year forecasts…