Marimekko reported a 5% increase in net sales to EUR 41.4 million and a 20% rise in operating profit to EUR 5.1 million in Q1 2026, supported by strong wholesale growth in Scandinavia and Finland and a 9% increase in international sales. Despite weak consumer confidence and challenging market conditions, especially in Finland, the company maintained stable domestic sales and expanded its retail presence internationally, including new stores in Asia and Southeast Asia. Marimekko expects continued sales growth and a comparable operating profit margin of 16-19% for 2026, while navigating uncertainties from geopolitics, supply chain disruptions, and inflation. The company plans to invest in brand awareness, digital channels, and sustainability to sustain its long-term growth.
Greenlight, a leading cannabis operator, expanded its Ohio presence by opening four new dispensaries and adding in-state manufacturing, reaching the state's maximum allowed eight dispensaries. This move strengthens Greenlight's position in Ohio's lim...
Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...
Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...
