Wall Street

Starbucks Beats Profit Estimates Despite Hit To China Business

Starbucks Corp beat Wall Street estimates for quarterly profit on Tuesday as higher prices and strong demand for its coffees in the United States...

Cadbury Owner Mondelēz's Profit Misses Estimates On Higher Raw-Material, Logistical Costs

Mondelēz International Inc narrowly missed Wall Street estimates for quarterly profit as price hikes failed to offset the impact of higher raw material cos...

Starbucks Sales Miss Estimates, Shares Drop Despite Rosier Forecast

Starbucks Corp missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenu...

Wall Street Set To Jump After Record Rise In May Retail Sales

Wall Street was set to jump on Tuesday after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also...

Mondelēz Results Beat On Higher Snack Demand, But Toblerone Maker Pulls 2020 Forecast

Mondelēz International Inc beat Wall Street estimates for quarterly results, driven by a strong demand in North America, even as the Toblerone chocolate ma...

No Profit, No Love For Beyond Meat As Shares Fall

Shares of Beyond Meat Inc fell nearly 13% on Friday after it narrowly failed to make a profit in the fourth quarter despite tripling sales, eating into exp...

PepsiCo Forecast Surprise Drop In 2019 Core Profit

PepsiCo Inc forecast a surprise drop in full-year profit that was well below Wall Street estimates on Friday, hit by a stronger dollar, higher tax rate and...

Starbucks Reports Cooling Quarterly Growth And Pares Outlook

Starbucks Corp forecast slower growth for the current fiscal year on Thursday as boutique coffee chains and fast-food retailers won business in the United...

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