Michael Susin

Spain

UK Markets Reporter at Dow Jones Newswires

UK Markets Reporter at The Wall Street Journal

UK markets Reporter at @Dowjones & @WSJ, previously News Reporter at @Reuters

Articles

Next PLC Lifts Guidance Again After Warmer Weather Drives Sales Beat

5 days ago | wsj.com | Michael Susin

However increased sales of summer-season clothing were likely to have been pulled forward from the second quarter, it saidU.K. fashion retailer Next PLC NXT -2.06%decrease; red down pointing triangle upgraded its fiscal-year guidance for the second time after full-price sales rose by more than expected in the first quarter, when warmer weather encouraged shoppers to splash out on summer clothing.
Prosus Expects Guidance Beat as Revenue, Profit Grows

6 days ago | tradingview.com | Michael Susin

Prosus Expects Guidance Beat as Revenue, Profit GrowsPRXProsus said its results for fiscal 2025 would beat previous guidance, as it continues to see strong growth in revenue and profits. The company said on Thursday that it would deliver adjusted operating profit--the company's preferred metric, which strips out exceptional and other one-off items--for its e-commerce portfolio of more than $435 million for the year ended March, compared with its previous goal of $400 million set in October.
Bud Brewer AB InBev's Profit Soars Ahead of Expectations - Update

6 days ago | morningstar.com | Michael Susin

By Michael Susin Budweiser brewer Anheuser-Busch InBev's first-quarter net profit soared ahead of market expectations as lower costs helped offset a decline in sales volumes. The world's largest brewer--which houses the Stella Artois and Budweiser brands among its portfolio--on Thursday said net profit for the quarter jumped $2.15 billion from $1.09 billion a year earlier, significantly ahead of market expectations of $1.66 billion, according to consensus estimates compiled by Visible Alpha.
Bud Brewer AB InBev’s Profit Soars Ahead of Expectations

6 days ago | wsj.com | Michael Susin

Lower costs helped offset a decline in sales volumesThe world’s largest brewer–which houses the Stella Artois and Budweiser brands among its portfolio–on Thursday said net profit for the quarter jumped to $2.15 billion from $1.09 billion a year earlier, significantly ahead of market expectations of $1.66 billion, according to consensus estimates compiled by Visible Alpha. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
Bud Brewer AB InBev Profit Jumps as Volumes Beat Expectations

6 days ago | marketscreener.com | Michael Susin

ANHEUSER-BUSCH INBEV SA/NVAdd to a list Real-time Euronext Bruxelles 03:42:17 2025-05-08 am EDT 5-day change 1st Jan Change 59.28 EUR +2.95% +1.44% +22.86% Bud Brewer AB InBev Profit Jumps as Volumes Beat Expectations Published on 05/08/2025 at 01:35 Budweiser brewer Anheuser-Busch InBev said net profit for the first quarter rose as sales volumes fell by less than analysts expected.
Bud Brewer AB InBev Profit Jumps as Volumes Beat Expectations

6 days ago | tradingview.com | Michael Susin

Bud Brewer AB InBev Profit Jumps as Volumes Beat ExpectationsABIBudweiser brewer Anheuser-Busch InBev said net profit for the first quarter rose as sales volumes fell by less than analysts expected. The world's largest brewer--which houses the Stella Artois and Budweiser brands among its portfolio--on Thursday said net profit for the quarter was $2.15 billion compared with $1.09 billion a year earlier. Revenue fell to $13.63 billion from $14.55 billion a year earlier.
Jewelers Likely to Hike Prices Due to Tariffs, Pandora CEO Says

1 week ago | wsj.com | Michael Susin |Adrià Calatayud

Pandora counts the U.S. as its top market and is seeking to ease investor concerns about its exposure to trade tensionsPandora’s chief executive said higher tariffs will eventually be passed on to U.S. consumers, even if the jewelry industry is holding off on price hikes for now as it awaits the outcome of trade negotiations. “At the end of the day, with high tariffs, pricing will be passed on to the U.S. consumer. There is no doubt,” Pandora’s Chief Executive Alexander Lacik said in an interview.
Hugo Boss Posts 1Q Beat, Warns of Tough Consumer Backdrop

1 week ago | wsj.com | Michael Susin

The firm said its performance was supported by cost efficiencies and brand momentumHugo Boss reported a better-than-feared first-quarter performance, and backed its full-year guidance despite what it called a tough backdrop amid tariff uncertainty.
Capgemini Shares Rise on Confirmed Guidance, Smaller-Than-Expected Revenue Decline

2 weeks ago | tradingview.com | Michael Susin

Capgemini Shares Rise on Confirmed Guidance, Smaller-Than-Expected Revenue DeclineCAPCapgemini shares rallied on Tuesday after the company reiterated its full-year guidance amid a cautious outlook, despite posting lower revenues. The stock was up 10% at 143.45 euros at the European morning trading. Over the last three months, however, shares are down nearly 25%.
Qualcomm's Alphawave Takeover Deadline Gets Extended

2 weeks ago | marketscreener.com | Michael Susin

By Michael Susin Alphawave IP Group said the deadline for Qualcomm to either announce a firm intention to make a takeover offer or walk away has been extended. The U.K. semiconductor company on Tuesday said the deadline is now set to May 12, and that both parties are engaged in the negotiations. On April 2, Qualcomm said it was considering making an offer to acquire Alphawave, without disclosing financial details.