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Marks & Spencer Beats Profit Views, Warns of Persistent Challenges

Marks & Spencer reported profit ahead of expectations for the first half of fiscal 2025, but warned that the uncertain consumer backdrop is expected to remain in the rest of the year.
Business - The Wall Street Journal - November 6
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
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

Carmaker to slash global production capacity by a fifth in emergency turnaround plan
World - Financial Times - November 7
Hershey’s stock dips as high cocoa prices eat into profit

The chocolate maker’s stock dropped after its adjusted earnings missed analyst estimates.
Business - MarketWatch - November 7
Planet Fitness’s stock rallies as it beats profit and revenue estimates

Gym chain boosts its outlook for 2024 revenue growth.
Business - MarketWatch - November 7
WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales

WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate ...
Business - MarketWatch - November 7
JPMorgan may be ‘best in class’ but it’s time to take profits, analyst says

Baird’s David A. George downgrades megabank to underperform because it’s “more than fully priced” at recent levels.
Business - MarketWatch - November 7
Virgin Galactic building the foundation for strong future profitability, KeyBanc says

Virgin Galactic Holdings Inc.’s progress toward its new class of spacecraft bodes well for the company’s future profitability, according to KeyBanc Capital Markets.
Business - MarketWatch - November 7
Toast’s stock soars after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.
Business - MarketWatch - November 8
Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.
Business - CNBC - November 8

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