Daimler Truck said it took a €120 million hit from a write-down of its China joint venture due to a persistently weak market and that its full-year guidance was under review.
Five Below replaced its longtime chief executive and cut its outlook for the second quarter as the discount retailer continues to grapple with slower consumer spending.
The company said in a securities filing that the data, mostly from 2022, was downloaded in April but it hasn’t found evidence that it was shared publicly.
Deutsche Lufthansa cut its guidance for the year, warning it will be increasingly challenging for its flagship airline to break even as it contends with negative market trends and aircraft-delivery delays.