For American restaurant chains, the first months of the pandemic were a difficult time. But soon things changed for the better when people started ordering their favorite groceries online during lockdown, triggering a sales boom. Market leaders including McDonald’s, Starbucks and Chipotle Mexican Grill have ramped up delivery, curbside pickup and drive-thru services to meet…
Shares of General Mills Inc. (NYSE: GIS) rose nearly 3% on Thursday after the company reported better-than-expected third-quarter 2023 results and raised its full-year guidance again. Here are the key takeaways from the revenue report: Results exceed estimates Net sales increased 13% year-over-year to $5.1 billion in the third quarter of 2023. Organic net sales…
For Five Below Inc. (NASDAQ:FIVE), the holiday season was more rewarding than expected as high inflation and strained personal finances prompted customers to seek value. Earlier, sales at the discount chain had rebounded rapidly from multi-year lows seen in the early weeks of the pandemic. As a result, net income rebounded after briefly slipping into…
Shares of Block Inc. (NYSE: SQ) plunged more than 17% on Thursday after a report by short seller Hindenburg Research said the company’s “magic” financial technology was not so magical. Block, formerly known as Square Inc., marketed its services as a frictionless way to serve “unbanked and underbanked” customers. However, Hindenburg claimed his two-year investigation…
Shares of FedEx Corporation (NYSE: FDX) remained green on Wednesday. The stock has gained 26% since the start of the year. The company faced a difficult environment in the third quarter of 2023 which weighed on its results. It also expects this trend to continue into the next quarter and has made cost reductions a…
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a leader in the retail pharmacy market, has regularly revised its business model to better align with the transformation the healthcare space is experiencing. Currently, the company is working to improve the scale and profitability of its US healthcare business by streamlining investments, with a focus on primary care…
Shares of Signet Jewelers Limited (NYSE: SIG) rose more than 1% on Tuesday. The stock has gained 10% since the start of the year and 12% over the past three months. The company saw sales decline in the fourth quarter of 2023 due to several headwinds and it believes the jewelry industry will continue to…
After an unimpressive holiday quarter, athletic apparel retailer Foot Locker, Inc. (NYSE:FL) is rebranding to serve a broader customer base. It plans to make big investments in key brands and capabilities, while taking steps to streamline operations. The New York-based sneaker company is betting on the strength of its core business and favorable inventory position…
Job title: Business Analyst/Data Analytics Company: Aqua America Job description: At Aqua, a subsidiary of Essential Utilities, Inc., we know that water is a precious resource, which plays an essential role in sustaining life. That’s why we take our mission seriously: to protect and provide Earth’s most essential resources… Expected salary: Location: Bryn Mawr, PA…
Dollar Tree, Inc. (NASDAQ: DLTR) and Dollar General Corporation (NYSE: DG) both announced their fourth quarter 2022 results this month. The current inflationary environment benefits discount stores as customers seek more value in their purchases. Here’s a look at how these two fared over the past quarter: Income and remuneration Dollar Tree’s consolidated net sales…
