US Business

The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations, unnerving investors as the group navigates a slowdown in luxury-goods spending.

The consumer-brands giant was on track to meet its goals for the year after sales were boosted by its key brands, and despite a hit to turnover from net disposals and currency effects.

The South Korean steelmaker posted lower net profit for the first quarter, dented in part by tariffs on all steel and aluminum imports into the U.S.

The company expects to take an earnings hit in the second quarter from tariffs and said that reaching the high end of its guidance range for the year now looked more challenging.

Shares surged after the business-software group posted operating profit that beat analysts’ expectations and backed its full-year guidance, reassuring investors.

The consumer-goods company said it continues to pursue a separation of its essential home business by the end of the year, as it looks to sharpen its focus on core brands.

The truck maker’s earnings fell sharply, missing analysts’ expectations, as sales declined 7% and deliveries fell 12% amid increasing uncertainty about U.S. tariffs.

The company behind Activia yogurt and Evian water expects like-for-like sales growth of between 3% and 5% for the whole year.

The food-delivery group said gross transaction value for the first quarter was €4.72 billion, compared to €4.70 billion for the same period a year earlier.

The bank said the conditions would constrain how the combined entity ran its future credit activities and liquidity, as well as the group’s operations in Russia.