US

Walmart Raises Forecasts, Tops Sales Estimates As Lower Prices Pull In Shoppers

Walmart Inc raised its full-year forecasts and beat estimates for second-quarter sales, underscoring its strength in offering lower prices on everything fr...

Kroger Expands Supply Partnership With Vertical Farming Company 80 Acres Farms

US retailer Kroger plans to offer fresh produce from vertical farming company 80 Acres Farms to around 1,000 stores across the Midwest and Southeast.

Target Cuts Annual Forecasts As Americans Hold Back On Non-Essential Spending

Target has lowered its full-year sales and profit expectations and forecast a dour third quarter, in another sign that Americans, squeezed by inflation, ar...

Brazilian Meatpacker JBS Sees $450m Gain From Lower Grain Prices

JBS has forecast gains of $450 million (€411.8 million) this year related to lower grain prices, particularly corn, higher than guidance of $340 milli...

Coca-Cola Consolidated Sees Net Sales Up In Second Quarter

US bottler Coca-Cola Consolidated reported a 9% year-on-year increase in net sales to $1.7 billion in the second quarter despite a 4% decline in volumes.

Norway Sees 16% Growth In Seafood Exports In First Seven Months

Norwegian seafood exports reported a 16% year-on-year growth to NOK 94.4 billion (€8.4 billion) in the first seven months of 2023.

Clorox Forecasts Strong Annual Profit On Higher Prices, Steady Demand

Clorox has forecast annual profit above Wall Street estimates after fourth-quarter results beat expectations, boosted by price hikes and steady demand for...

Kraft Heinz Misses Quarterly Sales Estimates As Higher Prices Dent Volumes

Kraft Heinz missed quarterly sales and profit estimates as inflation-hit customers bought fewer packaged meals and condiments, discouraged by higher produc...