Feb 6 (Reuters) - Tapestry on Thursday raised its annual sales forecast, betting on strong demand for its pricey Tabby bags and suede boots. The company now expects revenue of about $6.85 billion for the fiscal year 2025, compared with its prior target of more than $6.75 billion. Analysts on average estimated revenue of 6.76 billion, according to data compiled...

(Reuters) - Consumer health company Kenvue ( KVUE ) forecast 2025 adjusted profit below Wall Street estimates on Thursday, hit by a stronger dollar and weak demand for its cough and cold products that include Tylenol and Benadryl. The company, which was spun off from Johnson & Johnson in 2023, has been under pressure from activist Starboard Value to improve...

Feb 6 (Reuters) - Canada Goose Holdings ( GOOS ) missed Wall Street estimates for quarterly revenue on Thursday, signaling choppy sales in key luxury goods market China. The company's third-quarter revenue fell to C$607.9 million ($423.59 million), from C$609.9 million a year earlier. Analysts on average had expected revenue of C$620.9 million, according to data compiled by LSEG. ($1...

(Reuters) -Eli Lilly ( LLY ) forecast annual profit largely above Wall Street estimates on Thursday, as it prepares to launch its popular diabetes and weight-loss treatments in new markets. The forecast comes weeks after the drugmaker stunned investors with weaker-than-expected sales for its weight-loss drug Zepbound for the second straight quarter. The profit forecast could be a step towards...