French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite from wealthy shoppers for the most expensive luxury items like its Birkin bags, which cost upwards of $10,

Hermès sales surged as wealthy shoppers snapped up its pricey handbags over the holiday season, underlining the brand’s resilience compared with luxury peers.

A pullback from budget-conscious shoppers is hurting Nestle, but the company said there are early signs of progress in reviving sales growth.

Nestle posted a slightly better-than-expected annual sales growth on Thursday, as the world's biggest packaged food company raised prices for its coffees, chocolates and pet food. Nestle maintained its organic sales outlook for 2025 and forecast stronger annual growth from its 2024 levels.

Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.

Key Takeaways Deere & Company's stock tumbled Thursday morning after first-quarter sales came in below expectations.Sales fell 30% compared to the same time a year ago, but profits topped estimates.The company anticipates the agriculture and construction industries to slow in 2025,