Chinese toymaker Pop Mart reported a sharp third-quarter sales slowdown, with China revenue down 25-30% and Americas sales falling as much as 75%, as demand for its viral Labubu figures cools.
Brazilian steelmaker Gerdau, listed in New York under the ticker GGB, reported adjusted profit up 39.7 percent in the third quarter on sales that rose 3.9 percent. The company also approved a dividend of roughly $0.06 per share.