Tag: Retail – Consumer Staples

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

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

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

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

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

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

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.

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).

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

Target beat fiscal third-quarter earnings and revenue expectations.

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%.

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.

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 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.