Google is now the 4th largest enterprise software company, according to the chief executive of its cloud-computing business, Thomas Kurian.
Chipotle Mexican Grill CMG 3.45%increase; green up pointing triangle hired Scott Boatwright seven years ago to help fix the chain. His next job is simple: Don't break it.
Hugo Boss reported a 42% drop in second-quarter operating profit on Thursday, below market expectations, two weeks after the German fashion house slashed its annual forecasts as economic and geopolitical challenges dampen global consumer demand.
Hugo Boss shares fell sharply on Tuesday after the suit seller followed rivals Burberry and Swatch Group in cutting its guidance over concerns that a slump in the global economy is set to hit sales in key markets including the U.K. and China throughout the remainder of 2024.
Hugo Boss shares are tumbling about 9% in German trading Tuesday after the luxury fashion retailer became the latest to warn of bad times for the high-end sector.
The brick and mortar investments are basically completed, so shareholders today can see the benefits from sales growing into that larger footprint. Other areas of operating leverage are kicking in thanks to fixed back end. In general, there are less geographic risks, being an EMEA focused group with limited concerns around China or even the risk of a slowing US for whatever reason.