Tag: Food and drink
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We’re raising our price target on Starbucks after a home-run quarter
Shares jumped in extended trading Thursday as CEO Brian Niccol’s turnaround gathers momentum.
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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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Consolidated food supply may be worsening cyclospora outbreaks, experts say
Experts say food industry consolidation may be amplifying the cyclospora outbreak, allowing contaminated produce to spread farther.
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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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Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year outlook as a result.
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RFK Jr. says cyclospora outbreak is ‘under control’
Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is “under control” despite criticism.
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The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA’s investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.
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The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don’t expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
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Chipotle is opening its first restaurant in Mexico
Fast casual chain Chipotle announced Monday that it is opening its first location in Mexico in the Monterrey area.
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PepsiCo earnings miss estimates as North American consumers tighten their budgets
PepsiCo reported weaker-than-expected quarterly earnings despite strong international demand.
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