Tag: Retail industry
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Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
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Procter & Gamble revenue misses estimates as volume stays unchanged
Procter & Gamble reported quarterly earnings per share that topped Wall Street’s estimates, but its revenue fell short of expectations.
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Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands’ earnings
Wall Street is projecting a strong second quarter for Yum Brands, but investors’ focus will be on updates related to the cyclospora outbreak tied to Taco Bell.
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Nike was once China’s sneaker king. Here’s why its sales have fallen 30%
China was once Nike’s fastest-growing region but the company has lost relevance among young consumers and ceded market share to smaller, domestic brands.
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Jim Cramer says Wall Street is fleeing the AI trade and buying these stocks instead
CNBC’s Jim Cramer said investors are rotating out of memory-chip winners and into companies with growth outside the data center buildout.
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Shein says it’s under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO
Shein disclosed the FTC is investigating its U.S. business, but the nature of the probe is unclear.
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Coca-Cola is about to report earnings. Here’s what to expect
Coca-Cola stock has risen 19% this year, outstripping the gains of the S&P 500.
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Shein swings to quarterly loss ahead of Hong Kong IPO
The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.
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Cocoa prices are easing. So why is chocolate still so expensive?
Chocolate firms look to win shoppers back with premium products and social media trends after poor weather conditions, tariffs, and the Iran war hit sales.
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Here are 4 forces that drove a tough week for stocks
Investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments.
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