{
  "id": 3012578,
  "title": "+++ Geschäftszahlen +++: Temu-Mutter PDD steigert Umsatz – aber verfehlt Erwartungen",
  "url": "https://urgent.news/2026/08/24/geschaftszahlen-temu-mutter-pdd-steigert-umsatz-aber-verfehlt",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T11:00:00.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/unternehmen/industrie/quartalszahlen-temu-mutter-pdd-steigert-umsatz-aber-verfehlt-erwartungen/24098412.html"
  },
  "original_language": "de",
  "account": "PDD's Temu parent company, Coty, reported a surprise increase in sales during the fourth quarter, despite having a weak outlook. The company's sales rose by 1.3% to $1.27 billion by the end of June, whereas analysts had anticipated a decline. However, the adjusted loss per share was higher than expected, falling by two cents.\n\nCoty is focusing on streamlining the business and reducing costs to offset the anticipated sales losses from the early return of the Gucci Beauty license in the 2028 fiscal year. The company is also considering selling brands such as CoverGirl and Rimmel. Estee Lauder, another US cosmetics company, has convinced investors with its optimistic outlook. The company's stock rose almost 8% in pre-market trading on Wednesday. For the fiscal year 2027, the owner of brands like Clinique and M.A.C expects a diluted earnings per share between $3.10 and $3.35, which is above market expectations. The company's sales for the fourth quarter reached $3.63 billion, surpassing the projected $3.54 billion. This growth is attributed to robust demand from affluent and younger customers, particularly for trend items, luxury fragrances, and skincare products. Brands such as Le Labo and Balmain Beauty are driving the business. Le Labo's luxury perfume brands and Tom Ford contributed to a 10% sales increase in the fourth quarter. Le Labo's classic collection, which sells 50ml perfumes for $250, benefited from expanded distribution channels and targeted outreach to new consumer segments.\n\nMeanwhile, Swedish fintech Klarna exceeded market expectations with a quarterly profit of $9 million, compared to a loss of $53 million the previous year and an analyst estimate of negative $17.4 million. The company's revenue grew by 27% to $1.04 billion, surpassing the forecast of $993.8 million. The total transaction volume (GMV) increased by 18% to $36.6 billion, with the US GMV growing by 27%. Despite this, Klarna reduced its GMV forecast for the year from previously over $155 billion to between $149 and $151 billion, citing a \"more cautious estimate, primarily driven by revenue in Germany, our largest volume market.\" However, the stock price fell by 5% in after-hours trading. Analyst Brian Chin of Stifel attributed this to investors' high expectations ahead of the numbers. Other competitors like Lam Research and KLA reported strong quarterly results and growth forecasts. Applied Materials' stocks have already more than doubled this year.",
  "summary": "Fielmann leidet unter schlechter Kauflaune in Deutschland +++ KI-Investitionen lassen Alibaba-Gewinn einbrechen +++ Umsatz von CTS Eventim wächst im ersten Halbjahr um 17 Prozent +++ Der Newsblog.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}