Latest in Drops China Sales
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Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Texas Instruments earnings show some improvements, despite weak industrial sales
Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.Business - MarketWatch - October 23 -
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - October 23 -
Heineken Sales Miss Forecasts as Consumers Shy Away From Beer
The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...Business - The Wall Street Journal - October 23 -
Volvo Cars says it will not support Northvolt as it slashes sales guidance
Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key marketsBusiness - Financial Times - October 23 -
WPP returns to sales growth but warns over economic uncertainty
Advertising agency’s revenues rise in US and Europe but fall more than a fifth in ChinaBusiness - Financial Times - October 23 -
Boston Scientific’s stock climbs on Q3 sales and earnings beat
Medical-products company Boston Scientific reported third-quarter results before market open.Business - MarketWatch - October 23 -
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issueWorld - Financial Times - October 23 -
McDonald's, Food Safety Officials Scrutinize Onions in E. Coli Outbreak
The CDC is investigating Quarter Pounders as the possible source of the food-safety crisis, with one death and dozens of illnesses across 10 states.Business - The Wall Street Journal - October 23 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
Mattel Braces for Flat Toy Sales Ahead of Holiday Season
Mattel, the company behind Barbie doesn’t anticipate a high holiday sales season this year.Business - Inc. - October 23 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - 6 days ago -
Nivea Owner on Track to Meet Guidance After Rise in Sales
Beiersdorf confirmed its expectations for the year after posting an increase in sales during the first nine months, helped by its star brand.Business - The Wall Street Journal - 6 days ago -
Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat
Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.Business - MarketWatch - 6 days ago -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - 6 days ago