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Retail

PepsiCo’s organic revenue grows 2.6% in Q2, results beat estimates

PepsiCo Inc. (PEP) reported a 2.4% increase in revenue to $16 billion for the second quarter of 2018. Organic revenue…

Tariffs and trade war hurting American farmers

The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the…

Online channel drives Helen of Troy’s Q1 revenue growth

Consumer products company Helen of Troy (HELE) today reported earnings for the first quarter of fiscal 2019. Consolidated revenue grew…

Flipkart deal: Walmart to pay $2 billion as tax to Indian government

Walmart (WMT) - Flipkart deal was wrapped up recently at a valuation of $16 billion making it the biggest e-commerce…

Earnings preview: PepsiCo needs to seal the leak in beverage segment

Ushering another earnings season, PepsiCo (PEP) is reporting its quarterly results on Tuesday before the opening bell. As compressed margins…

Amazon looks to ‘cash in’ on Toy R Us demise during holiday season

When Toys R Us was on the verge of bankruptcy a few months ago, the iconic toy seller had blamed…

ACSI survey reveals customers’ favorite restaurants

Chick-fil-A has earned first place on the list of fast food restaurants ranked in terms of customer satisfaction. The American…

Acuity Brands shares jump more than 10% on earnings and revenue beat

Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting…

Nestle looks at major acquisition amid activist investor’s call for change

Nestle SA is planning to acquire a majority stake in Canadian pet foods company, Champion Petfoods, for over $2 billion.…

Constellation Brands stock dips on Q1 earnings miss

Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal…