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Versace Owner Capri Holdings’ 1Q Revenue Climbs

Versace Owner Capri Holdings’ 1Q Revenue Climbs

  By Jarrett Banks Capri Holdings Ltd., which owns Versace and Jimmy Choo as well as Michael Kors, posted an increase in quarterly revenue despite retail headwinds. Revenue increased 8.5% in first quarter of fiscal 2023, with better than anticipated...

Olaplex Sales Jump 38.6% in 2Q; Maintains FY Guidance

Olaplex Sales Jump 38.6% in 2Q; Maintains FY Guidance

  By Jarrett Banks Hair-care products firm OLAPLEX (NASDAQ: OLPX) posted an increase in sales in the second quarter and maintained its guidance for the year. Net sales increased 38.6% to $210.9 million. The company continues to shape and define the...

Sovos Brands Shares Climb as Sales Jump 22%; Raises Guidance

Sovos Brands Shares Climb as Sales Jump 22%; Raises Guidance

  By Daniella Parra Food company Sovos Brands, Inc. (Nasdaq: SOVO) raised its full year sales guidance amid continued strength in core categories of sauce, yogurt and frozen, and driven by strong volume and pricing growth. Second quarter sales rose 22%...

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