The manufacturer of Cheerios saw its shares rise 5.5 percent on Wednesday Demand for its breakfast cereals, snack bars, and pet food remained stable. General Mills anticipates an increase in input costs of around 14% in fiscal 2023. General Mills attributed its quarterly earnings, which exceeded expectations, to higher pricing and warned it was prepared … Read more
Acuity (AYI) saw a 5% increase in its stock price in premarket trading. Restoration Hardware (RH) fell 7.7% after the home goods retailer dropped its full-year guidance. Spirit Airlines (SAVE) will have a shareholder vote on its merger with Frontier Group. Walmart (WBA) – The operator of the drugstore made an adjusted 96 cents per … Read more
Walgreens Boots Alliance reported quarterly sales and profitability that beat estimates. Shares fell by roughly 2% in premarket trade after the release of the earnings report. The company has increased its online offerings, such as curbside pickup and delivery. As its retail sales increased and its online sales increased, Walgreens Boots Alliance on Thursday reported … Read more
Online sales on Black Friday in the United States (US) hit a record $7.4 billion this year, with a jump in the number of transactions made from smartphones, according to a data released by Adobe Analytics. The figure was a 19.6 percent increase over last year and the second biggest day of online sales ever, … Read more
Superhero Black Widow is a woman at the top of her game, and so is the actress who plays her – Scarlett Johansson is the world’s highest paid actress for the second year in a row, according to Forbes’s annual ranking. Scarlett Johansson earned $15.5 million more than she did in 2018, primarily due to … Read more
