PepsiCo’s organic revenue grows 2.6% in Q2, results beat estimates
PepsiCo Inc. (PEP) reported a 2.4% increase in revenue to $16 billion for the second quarter of 2018. Organic revenue...
Retail
Tariffs and trade war hurting American farmers
The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the...
Online channel drives Helen of Troy’s Q1 revenue growth
Consumer products company Helen of Troy (HELE) today reported earnings for the first quarter of fiscal 2019. Consolidated revenue grew...
Flipkart deal: Walmart to pay $2 billion as tax to Indian government
Walmart (WMT) – Flipkart deal was wrapped up recently at a valuation of $16 billion making it the biggest e-commerce...
Earnings preview: PepsiCo needs to seal the leak in beverage segment
Ushering another earnings season, PepsiCo (PEP) is reporting its quarterly results on Tuesday before the opening bell. As compressed margins...
Amazon looks to ‘cash in’ on Toy R Us demise during holiday season
When Toys R Us was on the verge of bankruptcy a few months ago, the iconic toy seller had blamed...
ACSI survey reveals customers’ favorite restaurants
Chick-fil-A has earned first place on the list of fast food restaurants ranked in terms of customer satisfaction. The American...
Acuity Brands shares jump more than 10% on earnings and revenue beat
Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting...
Nestle looks at major acquisition amid activist investor’s call for change
Nestle SA is planning to acquire a majority stake in Canadian pet foods company, Champion Petfoods, for over $2 billion....
Constellation Brands stock dips on Q1 earnings miss
Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal...
Nike pops on earnings and revenue beat; North America returns to growth
Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation...
Coffee Bean & Tea Leaf plans to open 100 stores in New York
It’s been hardly a week since Starbucks (SBUX) announced that it’s planning to close 150 under-performing stores across the US...
Chipotle changes its strategy with store closures and a new menu
Chipotle Mexican Grill (CMG) is all set to make some much-needed strategic changes. These include store closures, a menu revamp...
Kroger customers, your grocery delivery is coming in robo-cars
The automation fad is catching up fast in the retail sector where the leading players keep on innovating to fight...
Starbucks CFO announces retirement
Starbucks Corporation (SBUX) announced the retirement of its Executive Vice President and Chief Financial Officer, Scott Maw, effective November 30,...
Walgreens Boots Alliance sales jump in third quarter
Walgreens Boots Alliance (WBA) reported sales of $34.3 billion for the third quarter of 2018, an increase of 14% from...
Bed Bath & Beyond Q1 comps dip, reports in line earnings
The US home decor retailer Bed Bath & Beyond (BBBY) reported a beat on the top line results, while posted...
Rite Aid swings to profit in Q1 on one-time gains
Drugstore chain Rite Aid (RAD) swung to profit in the first quarter owing to one-time gains from the sale of...
General Mills posts better-than-expected earnings in Q4
Shares of General Mills (GIS) surged 1.50% during pre-market trading, after the company reported better-than-expected earnings during Q4 2018, aided...
Conagra revives takeover talks with Pinnacle Foods
Conagra Foods (CAG), which is busy reshuffling its brand portfolio, is said to have revived the takeover discussion with its...
Sonic tops Q3 earnings estimates; misses on revenue
Oklahoma based drive-in fast-food restaurant chain, Sonic Corp (SONC), surpassed third quarter adjusted earnings estimates, while missed slightly on revenue...