Edition:
United Kingdom

Nivedita Balu

PepsiCo results beat as new CEO's ad push lifts sales

19 Apr 2019

PepsiCo Inc's quarterly sales and profit beat Wall Street estimates on Wednesday, as the beverage maker's advertising and marketing push helped drive sales of its snacks, sparkling waters and low-sugar sodas globally.

Corona, Modelo beers drive Constellation beat, wines leave a stain

04 Apr 2019

Constellation Brands Inc on Thursday reported quarterly sales and profit that beat Wall Street forecasts, benefiting from new beer launches in its Corona and Modelo brands, though wine sales struggled.

Nike shares dip on North America weakness but Wall Street remains upbeat

22 Mar 2019

Shares of Nike Inc fell 4 percent on Friday after the sportswear maker's North America sales fell short of estimates for the first time in a year, but Wall Street analysts seemed more enthused about its new products and online growth.

UPDATE 3-Conagra tops profit estimates, signals improvement at Pinnacle

21 Mar 2019

March 21 Conagra Brands Inc's quarterly profit beat Wall Street estimates on Thursday, as the Reddi-wip and Slim Jim beef jerky maker raised prices to make up for higher transportation and commodity costs, sending its shares up more than 11 percent in morning trading.

Abercrombie expects redesigned stores to boost 2019 sales, shares surge

07 Mar 2019

(This March 6 story, corrects paragraph 2 to say company will be closing up to 40 stores, not 40 stores; also drops reference to on-trend clothing boosting demand for the Abercrombie brand)

Kroger's $3 billion splurge set to hit earnings, shares slide

07 Mar 2019

Kroger Co projected annual profit below Wall Street estimates on Thursday, as the grocer spends billions of dollars on modernizing its stores and delivery to compete better with Walmart and Amazon.

Gap shares surge 24 percent as Wall Street praises split

01 Mar 2019

Gap Inc shares surged as much as 24 percent on Friday as a number of Wall Street analysts lauded the company's decision to separate its better-performing Old Navy brand. | Video

Gap shares surge 25 pct as Wall Street praises split

01 Mar 2019

March 1 Gap Inc shares surged 25 percent on Friday as a number of Wall Street analysts lauded the company's decision to separate its better-performing Old Navy brand.

J.C. Penney fourth-quarter results beat estimates, shares surge 31 percent

28 Feb 2019

J. C. Penney Co Inc on Thursday reported quarterly results that topped estimates as the struggling retailer sold more jewelry and women's, men's and children's apparel during the key holiday shopping season. | Video

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