Latest in Kingfisher Narrows Profit Forecast After Sales Miss
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Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Marqeta shares plunge more than 30% on big forecast miss
Marqeta shares plummeted after the company's forecast for the fourth quarter fell shy of analysts' expectations.Business - CNBC - November 4 -
Temu Owner PDD Misses Forecasts as Revenue Growth Slows
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.Business - The Wall Street Journal - 5 days ago -
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue timing.Business - CNBC - 5 days ago -
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.Business - CNBC - October 29 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesTech - ABC News - November 8 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesEntertainment - ABC News - November 8 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Ahold Delhaize Net Profit Misses Market Views, Issues Buyback
The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.Business - The Wall Street Journal - November 6 -
BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19
BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasolineBusiness - MarketWatch - October 29 -
China retail sales beat forecasts in October while real estate slump worsens
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.Business - CNBC - November 15 -
Best Buy cuts full-year sales forecast due to softer demand for consumer electronics
Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.Business - CNBC - 16 hours ago -
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.Business - CNBC - October 30 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - October 31 -
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.Business - MarketWatch - November 7 -
Advance Auto Parts to Close Stores as Sales Outlook Misses Views
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.Business - The Wall Street Journal - November 14 -
Temu owner PDD misses sales estimates amid China slowdown
Shares drop after tech group warns on ‘intensified competition’World - Financial Times - 5 days ago -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - October 31 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - November 14 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
October jobs forecast shaved to 110,000 after Boeing strike and hurricanes
The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...Business - MarketWatch - October 31 -
Microsoft's stock has worst day in two years after disappointing forecast
Microsoft's stock fell more than 6% on Thursday after guidance fell short of analysts' estimates.Business - CNBC - October 31 -
CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead
Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with ...Business - MarketWatch - November 8 -
Shrinking GDP forecast adds to German woes after coalition collapse
European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year. Business live – latest updates Germany’s looming general election will be fought ...World - The Guardian - November 15 -
Storm Bert: forecasters and politicians criticised after devastating floods
Critics claim warnings and defences were inadequate but Met Office says storm was ‘well forecast’. . Weather forecasters and politicians have come in for strong criticism after hundreds of homes ...World - The Guardian - 2 days ago -
More rain forecast after Storm Bert hits UK
At least five people died as the storm brought heavy rain, wind and snow over the weekend.Top stories - BBC News - Yesterday -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6
