Sales

UK's Greggs Upholds 2024 Forecast, H1 Profit Boosted By Wider Product Range

British fast food retailer Greggs kept its full-year profit outlook as a wider product range, more deliveries and extended store hours lifted first-half pr...

Diageo Misses Profit Expectations, CEO Warns Of Troubles Ahead

Spirits giant Diageo has warned that challenges could persist into next year after missing full-year profit expectations.

Frozen Food Supplier Lamb Weston Provides Dour Annual Forecasts

Lamb Weston forecast its annual sales and profit below analysts' expectations, as higher prices of its frozen food products begin to hurt volumes...

Loblaw Misses Quarterly Revenue Estimates On Soft Household Items Demand

Canada's Loblaw missed analysts' expectations for second-quarter revenue, hurt by soft demand for some household items and non-essential products.

Unilever Beats Profit Expectations Despite Disappointing Sales

Unilever posted worse than expected underlying quarterly sales after it was unable to win back shoppers it had alienated in recent years with higher prices...

Nestlé Cuts Sales Growth Outlook As Consumers Become More Cost-Conscious

Nestlé lowered its sales outlook, noting it had to slow its pace of price hikes earlier than it would have liked as consumers have become increasing...

Rémy Cointreau Misses First-Quarter Sales Forecast As US, Asia Woes Deepen

Rémy Cointreau has reported a steeper-than-expected first quarter sales decline as its problems in the US spread to its liqueurs and spirits divisio...

Reckitt Cuts Revenue Forecast After US Tornado Hits Baby Formula Sales

Reckitt Benckiser lowered its full-year sales growth forecast for 2024 due to supply disruptions at its infant formula business after a tornado damaged a t...