A pharmacy at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024. Bloomberg | Bloomberg | Getty Images As more Americans use GLP-1 weight-loss drugs to shrink their waistlines, retail giants are betting on a bottom-line bump tied to a shift in the way the drugs are priced and purchased. Employers…
Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the company. The company has been struggling with slumping sales over the past few years, which it has attributed to lower consumer confidence, less…
Shares of Jersey Mike’s fell about 7% during trading on Thursday afternoon after the company made its public market debut on the New York Stock Exchange under the ticker “JMKE.” The stock opened at $21 per share, below its initial public offering pricing of $23 per share, at the midpoint of the expected range of…
Reformation Inc. signage as traders work during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 30, 2026. Michael Nagle | Bloomberg | Getty Images Women’s clothing retailer Reformation began trading on the New York Stock Exchange on Thursday, with the…
Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth. For fiscal 2026, Starbucks now expects adjusted earnings per share in a range of $2.55 to $2.65, up from its prior outlook of $2.25 to $2.45 per share. It now also projects global same-store sales will rise nearly…
The Taco Bell logo is displayed at a Taco Bell restaurant on July 14, 2026 in Pasadena, California. Mario Tama | Getty Images Yum Brands on Wednesday reported mixed quarterly results but provided no details on how the cyclospora outbreak tied to Taco Bell restaurants is affecting its business. Since the Food and Drug Administration…
Boxes of Tide Pods laundry detergent are displayed at a Costco Wholesale store on May 15, 2026 in San Diego, California. Kevin Carter | Getty Images Procter & Gamble on Wednesday reported mixed quarterly results, as underwhelming demand for its products resulted in weaker-than-expected sales. Shares of the company fell roughly 3% in morning trading….
Customers enter a Taco Bell restaurant in La Cañada Flintridge, California, on July 14, 2026. Mario Tama | Getty Images Yum Brands is expected to report its second-quarter earnings before the bell on Thursday, but executives will likely face more questions about how the cyclosporiasis outbreak tied to Taco Bell is hitting its business during…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2026. Brendan McDermid | Reuters Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street’s estimates, fueled by higher demand for its drinks. The company also hiked its full-year forecast. Coke is now…
People are selecting from an assortment of premium Lindt chocolates at the Lindt & Sprungli chocolate shop. Nurphoto | Nurphoto | Getty Images Cocoa prices are beginning to ease after a record-breaking rally, but don’t expect cheaper candy just yet as the world’s biggest chocolate makers turn to social media-inspired products and other strategies to…
