Tag: Retail – Consumer Staples

Walmart earnings beat as discounter wins over more high-income shoppers, e-commerce sales jump

Walmart on Thursday topped quarterly earnings and revenue expectations, as the discounter made significant e-commerce gains, drove profits with newer businesses like advertising and won over more high-income shoppers.

Costco’s March Sales Jump. E-Commerce Is Taking Off.

Costco Wholesale’s sales jumped nearly 10% in March compared with a year ago, giving the stock a modest lift in Wednesday’s after-hour trading session.

Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‘challenging’ economy

Walgreens reported fiscal second-quarter sales that beat Wall Street’s expectations.

Costco Beats on Earnings, but Revenue Falls Short.

Costco Wholesale topped earnings expectations, but the stock fell in after-hour trading Thursday following the company’s rare revenue miss.

HelloFresh shares dive 42% after meal kit giant warns on outlook

HelloFresh shares plunged 42% on Friday morning after the company said it expected lower earnings in 2024.

Target shares pop as retailer boosts profits, despite lackluster sales forecast

Target forecast another year of lackluster sales as it reported better-than-expected holiday-quarter results.

Walmart beats Wall Street’s holiday expectations as e-commerce sales soar

Walmart said Tuesday that quarterly revenue rose 6%, as shoppers turned to the big-box retailer throughout the holiday season and the company’s global e-commerce sales grew by double digits. 

Walmart in talks to buy Vizio for more than $2 bln, WSJ reports

Walmart is in talks to buy smart-television manufacturer Vizio for more than $2 billion, the Wall Street Journal reported on Tuesday, a move that could bolster its advertising business and give it control of more than a fifth of the U.S. television market.

Walgreens to explore sale of Shields Health for over $4 bln

Walgreens Boots Alliance  is exploring a sale of specialty pharmacy company Shields Health Solutions, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Costco Stock Gains as Revenue Jumps Nearly 10% in December

Costco Wholesale ended 2023 with a bang as holiday shoppers gave the retailer a boost.

Carrefour says it will not sell PepsiCo goods due to price hikes

Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay’s crisps and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants

Walgreens posts earnings beat but slashes quarterly dividend nearly in half

Walgreens reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half.

Holiday spending rose more than 3% at retailers, as pre-pandemic spending trends returned

U.S. retailers saw sales during the holiday season rise 3.1%, excluding autos, over the same period a year ago, according to the latest Mastercard SpendingPulse report.

Affirm stock pops more than 15% on expanded Walmart partnership

Affirm stock jumped more than 15% after announcing it expanded its partnership with Walmart to self-checkout.

Costco posts upbeat first-quarter results on strong demand for cheaper groceries

Costco Wholesale topped Wall Street estimates for quarterly sales and profit on Thursday, as more customers turned to its stores to shop for cheaper groceries and essentials, sending its shares up about 2% after the bell.

ΕΛΓΕΚΑ: Εγκρίθηκε το αίτημα Κατσιώτη για squeeze-out – Φεύγει από το Χρηματιστήριο

Ο Αλέξανδρος Κατσιώτης ασκώντας το δικαίωμα που του δίνει ο νόμος αποσύρει από το Χρηματιστήριο την ΕΛΓΕΚΑ, μία από τις μεγαλύτερες ελληνικές εταιρείες του κλάδου εισαγωγής-εμπορίας και διανομής τροφίμων και συναφών προϊόντων, ζητώντας από τους μικρομετόχους να του παραδώσουν τις μετοχές τους στην τιμή της δημόσιας προσφοράς (0,566 ευρώ).

Meal-kit delivery company’s stock plunges to four-year low on U.S. woes

HelloFresh shares plunged more than a fifth on Thursday after the German meal-kit delivery group delivered a profit warning on weaker-than-expected sales growth and higher costs at its North American division.

Walmart shares slide as retailer gives a cautious outlook about consumer spending

Walmart shares dropped as the company offered a cautious outlook on consumer spending.

Target shares jump after retailer posts a big earnings beat, even as sales fall again

Target beat fiscal third-quarter earnings and revenue expectations.

Επ. Κεφαλαιαγοράς: Αίτημα από Αλ. Κατσιώτη για εξαγορά του συνόλου των μετοχών της Ελγέκα

Ο Αλέξανδρος Κατσιώτης με το έγγραφο αίτημά του προς την Ε.Κ. αιτείται την έγκριση της άσκησης του Δικαιώματος Εξαγοράς των υπολοίπων μετοχών της Εταιρείας τις οποίες δεν κατέχει ο ίδιος και τα Συντονισμένα Πρόσωπα, ήτοι συνολικά 1.799.759 μετοχών που αντιπροσωπεύουν περίπου ποσοστό 2,985%.