General Mills Q1 earnings beat; stock falls on sales miss
Earnings of consumer food company General Mills (GIS) declined in the first quarter, but to a lower extent than predicted...
Retail
Coca-Cola may soon roll out marijuana-based drinks
It seems cannabis is taking the beverages industry by storm, with more alcohol and soft drink companies shifting their focus...
Earnings Preview: AutoZone is likely to surpass expectations
AutoZone Inc. (AZO) is scheduled to report fourth-quarter 2018 results on September 18. Analysts expect the company to report revenues...
L Brands to cut down weight to improve profits
L Brands (LB) announced its plans to close all 23 of its Henri Bendel stores, along with the Henri Bendel...
Dave & Buster’s Q2 results top estimates; stock hits new 52-week high
Dave & Buster’s Entertainment (PLAY) beat market estimates on revenues and profits for the second quarter of 2018, making the...
Walmart gives Jet.com a new look to woo the urban youth
When Walmart (WMT) embarked on the transition to a full-fledged e-commerce retailer, apparently in response to the aggressive strategies of...
Fred’s Inc. misses Q2 revenue estimates; delivers net loss
Fred’s Inc. (FRED) missed market expectations on revenues for the second quarter of 2018. Net sales dropped 4.3% to $419.7...
Kroger stock declines 9% on Q2 revenue miss
The Kroger Co. (KR) topped analysts’ expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding...
FDA puts the heat on e-cig makers to curb teen vaping
The e-cigarette market witnessed a phenomenal growth mainly because the concept was popularized in a convincing manner. While many wannabe...
Amazon Business: Amazon’s magic beanstalk
Amazon.com (AMZN) has a proverbial magic beanstalk in its business-to-business platform Amazon Business, which has reportedly hit over $10 billion...
Alibaba deepens digital footprint in Russia with local tie-ups
At a time when the online marketplace is nearing saturation in terms of innovation, Alibaba (BABA) is taking things to...
Earnings preview: Investors cautious ahead of Kroger Q2 results
The Kroger Co. (KR) is scheduled to report second-quarter results before the opening bell on Thursday. The company will be...
Fresh trouble brews as Campbell Soup investors seek to change board
The simmering discontent among Campbell Soup’s (CPB) shareholders, over weakening profitability and mounting costs, aggravated after the company came up...
Genesco posts highest comp sales in two years
Genesco Inc. (GCO) surpassed market expectations on revenue and earnings numbers for the second quarter of 2019. Net sales grew...
Five Below stock climbs on rosy outlook
Five Below (FIVE) reported a 49% jump in earnings for the second quarter helped by new stores performance, healthy comparable...
Barnes & Noble misses the mark for Q1 2019
Barnes & Noble Inc. (BKS) missed estimates on revenues and earnings for the first quarter of 2019. The retailer reported...
Earnings Preview: Less bling for Barnes & Noble
Barnes & Noble Inc. (BKS) is scheduled to report first-quarter 2019 earnings results on September 6. Analysts estimate Barnes &...
Now, Amazon joins Apple in the $1-trillion club
Just about a month after Apple (AAPL) created history by lifting its market cap to $1 trillion, e-commerce giant Amazon...
Big Lots shares tank after disappointing results
Big Lots Inc. (BIG) missed analyst expectations on revenue and earnings for the second quarter of 2018, sending shares falling...
Coca-Cola brews something new with Costa
The Coca-Cola Company (KO) agreed to acquire Costa, a coffee shop chain owned by UK-based Whitbread Plc, for $5.1 billion....
Signet shares soar after Q2 results dazzle
Signet Jewelers (SIG) topped analysts’ expectations on both sales and earnings numbers for the second quarter of 2019, sending the...