Profit

Monster Beverage Misses Quarterly Results On Weaker Demand

Monster Beverage missed Wall Street estimates for third-quarter sales and profit, as cost-conscious consumers cut back spending on its higher-priced bevera...

Sweden’s Oatly Reports ‘Solid Progress’ In Q3, With Revenue Up By 9.6%

Oatly has reported a 9.6% year-on-year increase in revenue to $208.0 million (€192.5 million) in the third quarter of its financial year.

Bunge Profit Tops Estimates On Grain, Oilseed Volumes; 2024 Outlook Intact

Bunge exceeded Wall Street expectations for third-quarter profit as large global harvests provided the grain trader and processor enough volumes of soy, co...

Kesko Reports 'Good' Third Quarter Performance In A Challenging Year

Kesko has posted year-on-year net sales growth of 2.6% to approximately €3 billion in the third quarter of its financial year.

Starbucks Pulls Annual Forecasts Amid Turnaround Under New CEO

Starbucks Corp has suspended its annual forecasts as new CEO Brian Niccol looks to turn around the coffee giant struggling to stem waning customer demand.

Virgin Wines UK Reports Positive Performance In FY 2024

Online wine retailer Virgin Wines UK has reported a positive full-year performance for its financial year 2024 with adjusted EBITDA up 59%, to £2.8 m...

Esselunga Group Reports Higher Revenue, Lower Profit In First Half

Italian grocery retailer Esselunga has released its half-year report, reflecting increased revenue and lower margins.

Walgreens To Shut 1,200 Stores As CEO Wentworth Seeks Turnaround

Walgreens Boots Alliance said on it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround at the struggling pharmac...