Business Center

Business Center

Capri Holdings Fiscal First-Quarter Earnings Beat Views

Capri Holdings Fiscal First-Quarter Earnings Beat Views

Capri Holdings (CPRI) on Wednesday reported better-than-expected fiscal first-quarter earnings and reaffirmed its full-year guidance that despite currency and tariff headwinds. The London-based parent company of luxury brands Michael Kors, Versace and Jimmy Choo said it earned an adjusted $0.95 per diluted share in the quarter ended June 29, down […]

by × August 7, 2019 × 0 comments

Business Center

Quick-Service Restaurants Offer Safety in Multi-National Size While Casual Dining Sees Pressure, Barclays Says

Quick-Service Restaurants Offer Safety in Multi-National Size While Casual Dining Sees Pressure, Barclays Says

Multi-national quick-service restaurants are offering safety in their size and diversity while casual dining outlets could face rising cost pressures if the economy eases further, Barclays said in a note on Monday. McDonald’s (MCD) is the top pick for 2019, and the investment bank is overweight Burger King parent Restaurant […]

by × July 22, 2019 × 0 comments

Business Center

Texas Manufacturing Growth Rises in June

Texas Manufacturing Growth Rises in June

Manufacturing in Texas rose in June as the perception of business conditions dropped in the month, according to executives polled by the Federal Reserve Bank of Dallas. The bank said Monday that its production index, a key measure of manufacturing conditions, rose to 8.9 this month from 6.3 in May. […]

by × June 24, 2019 × 0 comments