General Mills Posts Underwhelming Sales as Retailers Tighten Inventories
The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices. Source link
Sales Figures
Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
Bud Light Loses Title as Top-Selling U.S. Beer
Modelo Especial overtook the brand as the top-selling U.S. beer in May, punctuating a monthslong boycott of Bud Light that...
GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer. Source link
Kia, Hyundai Thefts Continue Three Months After Carmakers Deployed Fix
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Disney’s ‘Little Mermaid’ Tops Weekend Box Office
Domestic sales for the remake fell in the middle of the studio’s recent live-action redos of animated classics. Source link
Kohl’s, Costco, Lowe’s Sales Sluggish as Shoppers Pull Back
Consumer wariness constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma. Source link
WSJ News Exclusive | Panera Brands Names New CEO Ahead of IPO
Panera Brands said it promoted José Alberto Dueñas to chief executive as the restaurant company prepares to offer its shares...
Bargain Hunters Turn to Walmart, Boosting Sales
The nation’s largest retailer said sales from stores and digital channels operating at least 12 months grew 7.4% for the...
Americans Curb Spending on Home Improvements
Home Depot warned that its annual sales will fall for first time since 2009. The company said demand for home-improvement...
China’s Youth Unemployment Tops 20% Amid Signs of Stalling Recovery
China’s youth unemployment rate rose above 20% for the first time since Beijing began tracking the data five years ago....
Tyson Foods Stock Plummets After It Slashes Outlook for 2023
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America’s Factory Boom Drives Sales Surge for Excavators, Steel and Trucks
Construction of semiconductor and battery factories helps Caterpillar, Nucor and other manufacturers plow past economic uncertainty and rising interest rates....
‘Guardians of the Galaxy Vol. 3’ Delivers $100 Million-Plus Debut for Disney’s Marvel
The third installment of director James Gunn’s trilogy tallied $114 million in domestic ticket sales this weekend, giving Marvel Studios...
Jenny Craig, the Once-Highflying Weight-Loss Brand, Is Going Out of Business After 40 Years
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Apple Finds Strength in India as Overall Sales Fall for Second Straight Quarter
The company logged strong iPhone growth in places such as India, Indonesia, Latin America and the Middle East, a sign...
Peloton’s Progress in Narrowing Losses Falls Short of Expectations
The exercise-equipment company continues to sit on high levels of unsold web-connected bikes and treadmills. Source link
Big Tech Earnings Spark Hope That Worst Is Over
Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in the past. Source link
Caterpillar Lifts Sales With Higher Prices as Demand Holds Strong
The construction-equipment maker said sales volumes rose in the first three months of the year, though services sales volumes fell....
Microsoft Revenue Growth Stays Low as Economic Concerns Hurt Demand
The software giant’s cloud-computing business has decelerated as companies become more cautious. Source link
