Tag: Retail – Consumer Staples

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%.

CVS Earnings Top Estimates but Stock Drops as Outlook Slashed Again

Investors didn’t seem pleased with a solid earnings and revenue beat from CVS Health with shares in the healthcare company heading lower on Wednesday after the company slashed its full-year guidance for the third consecutive quarter.

Britain’s M&S to hire 10,000 workers for Christmas season

LONDON, Oct 16 (Reuters) – British clothing and food retailer Marks & Spencer said on Monday it plans to recruit 10,000 temporary workers for the Christmas season, a more than 40% increase on last year.

Walgreens profit outlook comes up short as demand declines for Covid vaccines and tests

Walgreens offered soft profit guidance and reported fiscal fourth-quarter earnings that fell short of expectations, as demand for Covid vaccines and tests sinks in the U.S.

Walgreens names veteran health-care executive Tim Wentworth as next CEO

Walgreens Boots Alliance has chosen veteran health care executive Tim Wentworth as the company’s new chief executive starting Oct. 23.

Costco Wholesale Had Another Strong Month. Gas Prices Helped.

Costco Wholesale just got a strong start to its first fiscal quarter.

Costco tops quarterly earnings expectations, even as sales remain soft

Costco on Tuesday reported quarterly earnings that topped Wall Street’s expectations.

General Mills Narrowly Beats Earnings and Sales Estimates

General Mills  reported fiscal first-quarter earnings and sales that slightly beat analysts’ estimates and reiterated fiscal-year guidance.