US

Ball Corporation Misses Quarterly Sales Estimates On Slowing Demand

Ball Corporation missed third-quarter sales estimates, hurt by slowing demand for its beverage cans and business disruption at one of its largest customers...

Starbucks Gets Sales Bump From Strong US Demand

Starbucks beat Wall Street targets for fourth-quarter results as strong demand for its pricey coffees and cold drinks in North America offset a feeble reco...

Orange Juice Prices Hit All-Time High Amid Bleak Production Outlook

Prices for orange juice rose to the highest on 31 October since future contracts started trading in New York in 1966 as an outlook for limited production i...

Campari Q3 Sales Miss Analysts Expectations

Italian spirits group Campari said its third quarter like-for-like sales rose by 4.4% at constant exchange rates, below analyst expectations, sending its s...

Hedge Funds Short Food, Beverage And Tobacco Stocks Amid Soaring Bond Yields: Goldman Sachs

Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, vi...

Hotel Chocolat Reports Decline In Sales In FY 2023

British luxury chocolate maker Hotel Chocolat has reported a 10% year-on-year decline in sales its financial year 2023 due to a decline in online and inter...

Constellation Brands Lifts Profit Forecast On Higher Pricing

Constellation Brands has raised its annual profit target after topping sales expectations for the second quarter, riding on higher prices and strong d...

Record Chicken Prices Squeeze US Shoppers, Benefit Tyson Foods

Chicken prices at US grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost...