revenue decline News

LVMH Reports a 2% Revenue Dip to €20.3 Billion in Q1 Amid Mixed Regional Performances

LVMH reports a 2% revenue decline to €20.3 billion in Q1, with fashion and leather goods leading earnings but wines and spirits facing a sharp drop. Europe shows growth, while othe...

Trump's Tariffs Threaten EU Corporate Sectors: Fitch Warns of Revenue and Profitability Decline

Fitch Ratings reports that Trump administration tariffs could weaken EU corporate sectors' revenue and profitability, with chemicals, automotive, and hardware hardest hit. EU firms...

Nike's Market Cap Dips Below $100 Billion Amid 9% Stock Decline

Nike Inc. faces a significant market challenge as its stock falls 9%, causing its market value to drop below $100 billion. Despite beating third-quarter earnings expectations, the ...

McDonald's Q4 Earnings Report: A Slight Dip in Revenue to $6.39 Billion Sparks Interest

McDonald's Q4 fiscal 2024 report shows a 0.2% revenue decline to $6.39 billion, missing forecasts. Despite a 1% net income drop to $2 billion, EPS held steady at $2.80. Annual reve...

Boeing's $11.8 Billion Annual Loss Marks Its Largest Deficit Since 2020

Boeing Co. faces its largest annual net loss since 2020, with a $11.8 billion deficit for 2024, driven by labor disputes, defense program charges, and operational inefficiencies. C...

Paytm's Q3 Financials Revealed: A Deep Dive into the Rs 208 Crore Loss and Revenue Drop

One97 Communications, Paytm's parent company, reported a Rs 208.5 crore loss in Q3 2024, showing a slight improvement from last year. Revenue declined by 35.8% year-on-year, but th...