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Walmart shares slip on weak forecast, pressured by rising fuel costs
Walmart reported first-quarter fiscal 2027 revenue of $177.75 billion, a 7.3% increase. Adjusted earnings reached $0.66 per share, meeting analyst...
Estée Lauder Abandons $40B Puig Merger, Shares Surge 10%
The Estée Lauder Companies and Puig terminated discussions for a $40 billion merger. This deal would have created a global prestige beauty...
Estée Lauder Scraps $40B Puig Merger, Shares Surge 10%
Estée Lauder and Spanish perfumery Puig officially terminated discussions for a $40 billion merger. The companies ended the talks on May 21, 2026, to focus on...
Walmart shares plunge 7%, following cautious outlook despite $2.4B price cuts
Walmart reported first-quarter fiscal 2027 revenue of $177.8 billion. This 7.3% year-over-year increase beat analyst expectations. The retailer issued a...
Walmart stock slides 7.6% on weak outlook, plans $2.4B in price cuts
Walmart reported Q1 fiscal 2027 revenue of $177.8 billion. This 7.3% increase exceeded Wall Street estimates. The retailer issued weaker-than-expected...
Walmart slides 7%, hit by soft guidance despite beating Q1 estimates
Walmart reported Q1 fiscal 2027 earnings on May 21, 2026. Revenue reached $177.8 billion, marking a 7.3% increase year-over-year. This performance surpassed...
Walmart shares slip, cautious profit outlook offsets Q1 revenue beat
Walmart reported Q1 fiscal 2027 revenue of $177.8 billion. This 7.3% increase exceeded analyst estimates. Global eCommerce sales surged 26% during the period....
Walmart shares fall despite 7.3% revenue growth, pressured by unchanged guidance
Walmart Inc. reported total revenue of $177.8 billion for first-quarter fiscal 2027 on May 21, 2026. Revenue grew 7.3% year-over-year to exceed analyst...
Walmart beats Q1 forecasts, powered by massive 26% e-commerce growth
Walmart (WMT) reported first-quarter fiscal 2027 revenue of $177.8 billion. The Bentonville, Arkansas-based retailer saw total revenue increase 7.3%...
Walmart Reports Q1 Earnings, Defining Consumer Resilience After Target Warnings
Walmart released its first-quarter earnings results on May 21, 2026. Investors analyze the report for signals regarding American consumer spending habits. The...
Walmart hits $165.6B revenue, led by 22% e-commerce growth
Walmart reported first-quarter fiscal 2026 revenue of $165.6 billion. This represents a 4.0% increase in constant currency. The company posted an adjusted...
Walmart Shares Jump on Q1 Beat, Led by E-commerce Surge
Walmart (WMT) reported first-quarter fiscal 2027 earnings that exceeded analyst expectations. Revenue reached $177.5 billion, beating the $174.7 billion...
Walmart Beats Profit Estimates, Fueled by 22% E-Commerce Growth
Walmart reported first-quarter fiscal 2026 results on May 21, 2026. Adjusted earnings per share reached $0.61, exceeding the $0.58 analyst estimate. Quarterly...
Costco hits record $1,096 high, driven by 22.6% digital sales growth
Costco Wholesale Corp (COST) shares reached a record $1,096.50 on Wednesday, May 20, 2026. The company's market capitalization climbed to approximately $485...
PepsiCo India invests ₹5,700 crore to expand, targeting rising snack demand
PepsiCo India will invest approximately ₹5,700 crore ($680 million) by 2030 to expand domestic manufacturing. The company identifies low per capita consumption...
Target Beats Q1 Forecasts, Shares Drop as Margin Pressures Mount
Target Corp. reported a 6.7% year-over-year increase in net sales for the first quarter of 2026. Adjusted earnings per share reached $1.71, surpassing analyst...
Target Smashes Q1 Estimates, Lifts Forecast on Food and Digital Growth
Target reported first-quarter adjusted earnings of $1.71 per share. Revenue reached $25.4 billion. This figure exceeded the $24.51 billion expected by...
PepsiCo invests $591 million in India, expanding Lay's and Kurkure capacity
PepsiCo India will invest up to Rs 5,700 crore ($591 million) to expand food manufacturing. The company aims to complete this expansion by 2030. This capital...
PepsiCo invests $685M in India, scaling snack production through 2030
PepsiCo will invest Rs 5,700 crore (approximately $685 million) to expand its Indian operations by 2030. This strategic move follows two consecutive years of...
Target misses Q1 profit and sales, as discretionary spending slows
Target reported first-quarter adjusted earnings per share of $1.30. Total revenue reached $23.8 billion for the period. These results fell below consensus...