Wall Street

Walmart Boosts Sales Outlook As Shares Surge

Walmart raised its annual sales and profit forecast on Thursday for a second time this year as customers sought inexpensive essentials.

Kenvue beat Wall Street estimates for second-quarter profit and revenue on Tuesday helped by strong sales in its essential health unit.

Molson Coors beat Wall Street expectations for second-quarter sales and profit on Tuesday on strong demand for its beers in Europe and Asia.

Kellanova raised its annual organic sales and profit forecasts on Thursday as consumers opted for its products despite higher prices.

Keurig Dr Pepper reported a rise in second-quarter revenue and profit buoyed by higher prices and strong demand.

Kleenex tissue maker Kimberly-Clark raised its forecast for full-year profit on Tuesday after beating Wall Street estimates for Q2 profit.

The maker of Jif Peanut Butter JM Smucker topped Wall Street estimates for its fourth-quarter profit on Thursday, sending its shares up 2%.

Kraft Heinz is currently exploring a sale of its Oscar Mayer meats business, the Wall Street Journal reported on Monday.

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