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Starbucks reports surprise drop in same-store sales; shares tumble

ReutersBy insights@www.mscience.comApril 30, 2024Leave a comment

Starbucks on Tuesday reported a fall in same-store sales for the first time in about three years as it battled weak demand for its…

McDonald’s posts rare profit miss as customers turn picky

ReutersBy insights@www.mscience.comApril 30, 2024Leave a comment

McDonald’s (MCD.N), missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked…

Caterpillar warns of weaker sales as machinery demand cools

ReutersBy insights@www.mscience.comApril 25, 2024Leave a comment

Caterpillar (CAT.N), opens new tab warned of a sales fall in the current quarter after reporting a small decline in first-quarter…

Chipotle Is Selling Lots of Burritos. Earnings Beat High Expectations.

Barron'sBy insights@www.mscience.comApril 24, 2024Leave a comment

Chipotle Mexican Grill posted first-quarter earnings and sales that beat Wall Street expectations, lifting the stock by…

Netflix to stop reporting subscriber tally as streaming wars cool

ReutersBy insights@www.mscience.comApril 18, 2024Leave a comment

Netflix opens a new tab on Thursday unexpectedly announced that it will stop reporting subscriber numbers…

2024-03-14-Barrons-Article

A Macy’s Buyout? The Price Could Be the Next Fight.

Barron'sBy insights@www.mscience.comMarch 14, 2024Leave a comment

An investor group seeking to buy the retailer might be willing to raise its bid after seeing the company’s financials, according…

Cruises Are More Popular Than Ever—and Investors Are Late to the Party

The Wall Street JournalBy insights@www.mscience.comMarch 8, 2024Leave a comment

This year’s ‘wave season’ will break revenue records for cruise lines, but investors are wary of massive debts the industry took…

Best Buy thrives in holiday quarter on discounts, paid memberships

ReutersBy insights@www.mscience.comFebruary 29, 2024

Best Buy (BBY.N), opens new tab posted a smaller drop in fourth-quarter sales than expected and beat profit estimates on Thursday…

Is Domino’s Decision to Try Third-Party Delivery Paying Off?

QSR MagazineBy insights@www.mscience.comFebruary 22, 2024

It appears the category’s largest brand is attracting new customers and doing a solid job keeping them…

Fast-food giants are feeling the burn from Middle East boycotts. Just look at McDonald’s, Starbucks, and Yum Brands’ earnings

FortuneBy insights@www.mscience.comFebruary 18, 2024

McDonald’s reported a rare sales miss in its-fourth quarter earnings report earlier this month. Starbucks is forecasting slower growth…

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