Chipotle misses revenue estimates as same store sales growth disappoints

Business - CNBC

Chipotle misses revenue estimates as same-store sales growth disappoints

Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.

3 hours ago

Business - CNBC

McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

11 hours ago

World - Financial Times

FirstFT: China’s ‘rich list’ of billionaires shrinks again

Also in today’s newsletter, US and Taiwan set for talks to end double taxation, and PwC profits fall in Asia amid scandals

3 hours ago

Business - CNBC

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

5 days ago

Tech - VentureBeat

AMD reports record revenue but Q4 forecast disappoints

Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.

4 hours ago

Business - CNBC

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

7 hours ago

Business - Financial Times

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

October 22

Business - MarketWatch

Chipotle’s new CEO maintains focus on faster service as sales fall short

Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.

1 hour ago

Business - MarketWatch

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.

9 hours ago

Business - CNBC

Dexcom shares fall on slow revenue growth

Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.

5 days ago

Business - The Wall Street Journal

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.

2 hours ago

Business - CNBC

Bank of America tops estimates on better-than-expected trading revenue

Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.

October 15

Business - CNBC

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

5 days ago

Business - Inc.

Don’t Overlook This Sales-Growth Superpower

Inc.’s editor-in-chief reveals the channel that powers many of the fastest-growing companies in America.

4 days ago

Business - The Wall Street Journal

Louis Vuitton Owner LVMH Misses Revenue Expectations

The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.

October 15

Business - CNBC

Walgreens says it will close 1,200 stores by 2027, as earnings top estimates

The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.

October 15

Business - The Wall Street Journal

Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates

The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.

5 days ago

Business - CNBC

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

October 18

Business - MarketWatch

Why McDonald’s E. coli outbreak may not damage sales as much as Chipotle’s did

Chipotle lost billions of dollars in market cap following a series of foodborne-illness outbreaks almost a decade ago. But so far the McDonald’s situation seems more contained.

6 days ago

Business - The New York Times

Holiday Sales Growth Expected to Normalize to Prepandemic Levels

Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.

October 15

Business - The Wall Street Journal

Unilever Backs Outlook After Sales Growth

The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...

5 days ago

Business - The Wall Street Journal

Danone Sales Growth Beats Market Expectations

The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...

5 days ago

Business - The Wall Street Journal

Lonza Sees Accelerating Sales Growth in Final Quarter

The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...

5 days ago

Business - CNBC

Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.

October 16

Business - The Wall Street Journal

Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations

The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.

October 17

Business - CNBC

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

October 16

Business - The Wall Street Journal

Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.

October 17

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