1. Corporate Finance

Coca-Cola earnings beat Wall Street estimates as revenue jumps 16%

Written by Posted on Less than 0 min read
WitScore: 5

The company largely weathered inflationary challenges during the first quarter and maintained its outlook.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Trends & External Forces

Kroger hikes forecast after stronger grocery sales top estimates

Kroger raised its forecast after its earnings topped expectations, with inflation pushing up the prices that shoppers pay for groceries. View Original Article Shoppers Predictions and Forecasts Kroger Results & Investment Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Trends & External Forces

Dr. Scott Gottlieb: My kids won’t wear Covid masks in school when mandate lifts later this month

However, the Pfizer director and former FDA chief told CNBC on Friday he’ll still wear masks in stores as a courtesy. “It’s a matter of etiquette.” View Original Article Brick and Mortar COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Mass

Walmart to open high-tech fulfillment centers to ship online orders faster

The retailer is building four warehouses with automated systems that it says will help it pack and ship items to customers more quickly. View Original Article Walmart Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Channel: Mass

Target doubles bonuses for salaried employees as profits recover

Target is doubling bonus payments as its profits recover following a bumpy nearly two-year stretch. View Original Article Associates Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Associates & Employees

Gap to lay off 1,800 workers as part of broad push to cut costs

​ ​Gap will lay off 1,800 employees in roles at headquarters and in leadership positions in a cost-cutting move the retailer said will save it $300 million.  View Original Article Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Department: Consumer Durables

Fanatics will become the NHL’s official uniform supplier, replacing Adidas

​   ​  The 10-year deal marks the first time Fanatics branding will appear on official player uniforms in professional sports.    View Original Article Marketing: Brand Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Restaurants

Restaurant Brands earnings beats estimates, fueled by Tim Hortons’ and Burger King’s strong sales

​ ​[[“value”:”Burger King’s U.S. same-store sales climbed 8.7%, an early sign that its turnaround is taking hold.”]]  View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Channel: Restaurants

Burger King parent earnings beat estimates as revenue climbs 15%

Restaurant Brands International reported results that beat expectations, fueled by strong same-store sales growth from Burger King’s overseas restaurants. View Original Article International Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Department: Consumer Durables

Allbirds admits missteps, unveils new strategy after brutal holiday quarter

​   ​  Footwear retailer Allbirds had a disappointing holiday quarter and failed to post year-over-year sales growth for the first time in its history.  Summary: Allbirds misses Wall Street’s expectations and plans transformation strategy Allbirds unveils a transformation strategy after failing to post quarterly sales growth. Poor performance attributed to missteps and shift away from core consumer […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

How UPS, FedEx are preparing for the first ‘post-pandemic’ holiday season

UPS and FedEx are prepared for a holiday surge, the retail industry expects record sales this weekend, but consumer data remains mixed in peak shopping season. View Original Article COVID19 Holiday & Events Delivery Data & Insights Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Trends & External Forces

How much are retailers losing to shrink and theft? In many cases, it’s not the main drag on profits

​[[“value”:”As more and more companies blame shrink and theft for lower profits, some are offering more clues than ever into how much it’s cutting into their bottom lines.”]]  View Original Article Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Technology & Innovation

Two Big Tech names and a luxury retailer made headlines. Here’s our take on each

​[[“value”:”Club holdings Meta Platforms (META), Microsoft (MSFT) and Estee Lauder (EL) all were in the news Thursday.”]]  View Original Article Technology & Innovation BigTech Meta (Facebook) CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Uncategorized

Michael Jordan is selling his majority stake in the Charlotte Hornets

​[[“value”:”Jordan will sell his majority stake in the NBA’s struggling Charlotte Hornets, and Gabe Plotkin and Rick Schnall are poised to become majority owners.”]]  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Corporate Strategy

Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting

The retailer has been under pressure and was the target of a failed acquisition bid. View Original Article Acquisition Target Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Media & Marketing

Google’s Fitbit recalls 1.7 million smartwatches over burn hazard

About 1 million Ionic watches have been sold in the U.S., along with nearly 700,000 sold internationally. View Original Article Google CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Uncategorized

Kohl’s shares spike as retailer reports a surprise profit

​Kohl’s unexpectedly posted a profit and reaffirmed its full-year guidance.  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do […]
< 1 min read
0
  1. CPG: Food

How Nespresso has made gains in the Keurig-dominated U.S. coffee pod market

​ ​  ​[[“value”:”Keurig Dr Pepper’s Keurig is the biggest player in the U.S. coffee pod market, but Nestlé’s Nespresso has been steadily gaining market share.”]]  View Original Article Dept. Beverage Nestle CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Trends & External Forces

Gun companies reckon with declining demand after pandemic surge

 Large firearm manufacturers such as Sturm, Ruger are taking a hit as gun sales, which surged in recent years, return to pre-pandemic levels.   View Original Article COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Technology & Innovation

Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up

Year to date, Gatorade is gaining share in every hydration category it has products, according to market research firm Circana. View Original Article Consumers Technology & Innovation Competition PepsiCo CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Department: Nonfood

Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes

Petco is trying to grab a bigger piece of the pet market by expanding vet care and private label offerings. KEY POINTS Petco CEO Ron Coughlin said customers don’t pull back on pet spending, even if prices go up and budgets get tighter. The company held its first investor day since returning the public market […]
2 min read
0
Next