Today: September 21, 2024
Today: September 21, 2024

Latest From Granth Vanaik

Business|Finance

Elf Beauty projects annual forecasts below estimates as consumers spend cautiously

Elf Beauty forecast annual sales and profit below estimates on Thursday and said it would raise prices of its products if Republican presidential

Business|Finance|Stock Markets|Technology

Instacart shares surge on strong grocery delivery demand and advertising growth

Shares of Instacart rose more than 10% in premarket trading on Wednesday as strong demand for grocery delivery and promising signs of growth in its advertising business

Instacart shares surge on strong grocery delivery demand and advertising growth
Business|Economy|Technology

DoorDash projects upbeat Q3 core profit on resilient online ordering, shares soar

Online delivery firm DoorDash forecast third-quarter core profit above expectations and surpassed revenue estimates for the June quarter on Thursday, sending its shares

DoorDash projects upbeat Q3 core profit on resilient online ordering, shares soar
Business|Economy|Travel

Norwegian Cruise lifts annual profit forecast again on resilient demand

Norwegian Cruise Line Holdings on Wednesday raised its annual profit forecast for a third time, riding on sustained demand for luxury voyages and higher ticket prices.

Norwegian Cruise lifts annual profit forecast again on resilient demand
Business|Economy|Fashion and Beauty

Deckers Outdoor raises FY profit target on strong Hoka, UGG demand

Deckers Outdoor raised its annual profit forecast after beating first-quarter estimates on Thursday, betting on strong demand for the footwear and apparel firm's Hoka

Deckers Outdoor raises FY profit target on strong Hoka, UGG demand
Business|Economy|Finance

Toymaker Mattel beats quarterly profit estimates on cost controls

Mattel topped Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight control on costs while posting a surprise drop in sales.

Toymaker Mattel beats quarterly profit estimates on cost controls
Business|Economy|Europe

Glass Lewis recommends Vista Outdoor shareholders to vote in favor of deal with CSG

Proxy advisory firm Glass Lewis has recommended Vista Outdoor shareholders to vote in favor of the proposed merger of the company's ammunition unit with Czechoslovak Group

Glass Lewis recommends Vista Outdoor shareholders to vote in favor of deal with CSG
Business|Economy

Costco Wholesale to hike annual membership fees after seven years

Costco Wholesale said on Wednesday it would hike annual membership fees for the first time in seven years for its U.S. and Canada customers, effective Sept. 1.

Costco Wholesale to hike annual membership fees after seven years
News|Political

US FDA to ban use of brominated vegetable oil in food, soda

The U.S.

US FDA to ban use of brominated vegetable oil in food, soda
Business|News

Nordstrom to evaluate founding family's interest in pursuing take-private deal

Nordstrom said the founding family behind the department store chain had shown an interest in pursuing a potential go-private deal, prompting the company's board to form a

Business

DoorDash projects upbeat 2024 core profit on robust delivery demand

DoorDash projected annual core profit largely above expectations and beat fourth-quarter revenue estimates on Thursday, signaling more customers used its online delivery

DoorDash projects upbeat 2024 core profit on robust delivery demand
Business

Starbucks employees at hundreds of US stores walkout on 'Red Cup' day

Workers at hundreds of Starbucks stores have begun walking off their jobs during a key promotional event on Thursday, demanding improved staffing and schedules, the

Starbucks employees at hundreds of US stores walkout on 'Red Cup' day
Business

What is China’s Singles Day, and how is it celebrated?

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day.

What is China’s Singles Day, and how is it celebrated?
Business

Instacart sees upbeat core profit on higher transaction, ad fees

Instacart on Wednesday forecast fourth-quarter core profit above Wall Street estimates in its first earnings report since going public in September, powered by higher

Instacart sees upbeat core profit on higher transaction, ad fees
Business

DoorDash projects core profit above estimates on steady demand

DoorDash forecast fourth-quarter core profit above estimates after topping quarterly revenue expectations on Wednesday, boosted by an uptick in customer orders for food,

DoorDash projects core profit above estimates on steady demand
Business|Economy

Gap surges as apparel maker's turnaround strategy pays off

Shares of Gap soared about 28% on Friday after the apparel retailer lifted its full-year sales target, indicating that its effort to revitalize the business by bringing in

Gap surges as apparel maker's turnaround strategy pays off
Business|Economy

Viking gains after wave of bullish Wall Street coverage initiations

Several Wall Street brokerages, including J.P.

Viking gains after wave of bullish Wall Street coverage initiations
Business|Economy

Elf Beauty projects annual sales, profit below estimates despite upbeat Q4

Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to spend on

Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
Business|Economy

Mattel's quarterly loss smaller than expected as cost cuts pay off

Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys.

Mattel's quarterly loss smaller than expected as cost cuts pay off
Business|Food|Technology

Instacart partners with Uber to offer food delivery services to customers in US

Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as

Instacart partners with Uber to offer food delivery services to customers in US
Business|Economy|Food|News

Soaring cocoa prices put spotlight on Hershey, Mondelez earnings

Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first

Soaring cocoa prices put spotlight on Hershey, Mondelez earnings
Business|Food|News

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, on the back of resilient demand for its burritos and rice bowls despite higher menu prices.

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

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