Kering Struggles, Nokia's Tariff Warning, Unilever Boosts Sales
On this episode of Stock Movers:
- Gucci sales tumbled in the first quarter as efforts to revive Kering SA’s biggest brand again failed to yield signs of a turnaround amid a tough period for the luxury-goods industry.
- Nokia said that meeting the top end of its guidance for the year will be more challenging as the company grapples with the impact of tariffs.
- Unilever beat estimates for sales at the start of its fiscal year as a result of price increases, demand for premium products and improved performance in some markets.
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