While expanding its reach to new markets across the world, Amazon (AMZN) also evolved as the preferred selling platform for big brands.
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Retail
JCPenney appoints Jill Soltau as CEO
JCPenney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes with more than three
Lamb Weston beats Q1 revenue and profit estimates
Lamb Weston Holdings Inc. (LW) topped market estimates on revenues and earnings for the first quarter of 2019. The stock was up
PepsiCo tops Q3 revenue and earnings estimates; updates outlook
PepsiCo Inc. (PEP) beat market estimates on revenue and earnings for the third quarter of 2018. Despite the positive results, the stock
Earnings Preview: Costco to see strength in Q4
Costco Wholesale Corporation (COST) is scheduled to report fourth-quarter 2018 results on October 4. Analysts expect the company to deliver revenues of
Conagra shares crash after company misses estimates, guides lower
Conagra Brands Inc. (CAG) missed market expectations on revenue and earnings for the first quarter of 2019 and provided a weak outlook,
Bed Bath and Beyond sinks on weak comps, earnings miss
Bed Bath and Beyond (BBBY) once again disappointed investors this week by reporting dismal results for the second quarter, marked by a
Will Conagra Brands post upbeat earnings in Q1?
Conagra Brands (CAG) is set to report first-quarter results on Thursday before the market opens. The packaged food company is expected to
Nike stock falls on cost concerns, despite Q1 earnings beat
Nike’s (NKE) North America recovery gathered steam in the first quarter when the company’s earnings jumped on strong revenue growth. Meanwhile, the
Nothing very refreshing about Bed Bath and Beyond ahead of Q2 results
For a long time now, investors have been waiting for the good news from Bed Bath and Beyond (BBBY). Of late, operating
Ascena Q4 results crush street view; stock surges
Benefiting from strong demand growth across the board, especially for the LOFT brand, Ascena Retail (ASNA) turned to profit in the fourth
Preview: Nike to report first earnings since Kaepernick backlash
Only about a month ago, on Labor Day, Nike (NKE) launched an ad campaign featuring controversial quarterback Colin Kaepernick, as its new
Michael Kors to continue shopping spree with Versace, after Jimmy Choo
Luxury handbag retailer Michael Kors (KORS) is reportedly looking to acquire Italian luxury brand Versace for around $2 billion. There is no
United Natural Foods stock drops on weak Q4 results
United Natural Foods Inc. (UNFI) reported a 15.6% dip in earnings for the fourth quarter due to a shift in customer mix
Under Armour revs up restructuring program with 3% job cut
Athletic apparel company Under Armour (UA) is revising its business strategy amidst continuing squeeze on profitability from margin pressures. The focus of
Darden beats Q1 sales and earnings expectations; raises outlook
Darden Restaurants Inc. (DRI) topped analysts’ expectations on sales and earnings for the first quarter of 2019. Shares rose over 4% during
Supervalu deal to take center stage at United Natural Foods Q4 call
United Natural Foods Inc. (UNFI) is reporting its fourth-quarter results on Thursday and analysts expect upbeat earnings and revenue from the organic
Earnings Preview: Will Darden’s Q1 à la carte please investors?
Darden Restaurants Inc. (DRI) is just two days shy of releasing its first-quarter results before the market opens. Analysts expect the Olive
General Mills Q1 earnings beat; stock falls on sales miss
Earnings of consumer food company General Mills (GIS) declined in the first quarter, but to a lower extent than predicted by analysts.
Coca-Cola may soon roll out marijuana-based drinks
It seems cannabis is taking the beverages industry by storm, with more alcohol and soft drink companies shifting their focus to pot-based
Earnings Preview: AutoZone is likely to surpass expectations
AutoZone Inc. (AZO) is scheduled to report fourth-quarter 2018 results on September 18. Analysts expect the company to report revenues of over