1. Corporate Strategy

Domino’s shares rebound after company announces CEO retirement, weak fourth-quarter results

Written by Posted on Less than 0 min read

U.S. same-store sales rose just 1% in the quarter, dragged down by weak performance by Domino’s company-owned restaurants.

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. Holiday & Events

‘Burdensome’ credit card swipe fees could add $2.5 billion to back-to-school spending, merchants say

Swipe fees have long been a point of contention for retailers. Amid soaring inflation, merchants say they are particularly burdensome. View Original Article Economy Holiday & Events 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. CPG: Beverage

Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes

​Coca-Cola’s stock has fallen 15% this year, dragging its market value down to about $234 billion.  View Original Article Results & Investment Coca Cola 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 […]
< 1 min read
0
  1. Shopper & Customer

Amazon customers report false email confirmations for gift cards they did not buy

​[[“value”:”Amazon customer service representatives have been receiving a host of inquiries from worried and confused customers.”]]  View Original Article Amazon Shoppers 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. Corporate Strategy

Weber shares tank as grill maker announces CEO departure amid disappointing sales

Shares of Weber tumbled after the company said CEO Chris Scherzinger is departing amid waning consumer demand. View Original Article Consumers 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 […]
< 1 min read
0
  1. Channel: Mass

How Walmart became America’s largest grocer

​[[“value”:”The U.S. had more than 63,000 grocery stores and supermarkets in 2023, employing nearly three million people.”]]  View Original Article Brick and Mortar Walmart 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 […]
< 1 min read
0
  1. Trends & External Forces

The Inform Act takes effect today — here’s how it aims to target organized retail theft

The Inform Act, a bipartisan bill targeting organized retail theft that takes effect Tuesday, requires online marketplaces to disclose the identity of sellers.  KEY POINTS The Inform Act, a bipartisan bill that takes effect Tuesday, requires online marketplaces to disclose and verify the identity of its sellers to deter the sale of stolen, counterfeit or […]
5 min read
0
  1. Shopper & Customer

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas. View Original Article Data & Insights Dept. Fuel Consumers 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. Channel: Specialty & Other

Best Buy tops holiday-quarter expectations but warns of further sales declines in the coming year

​   ​  Best Buy posted earnings and revenue that beat analyst’s estimates for its holiday quarter.    View Original Article Best Buy Editor's Choice Holiday & Events Results & Investment 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. Operations & Supply Chain

Under Armour raises outlook as company defends high inventory level

 [[“value”:”Under Armour has an inventory glut that’s up slightly from its last quarter and 50% year-over-year despite heavy discounting and promotions.”]]  View Original Article Marketing: Trade Operations & Supply Chain 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: Restaurants

Starbucks’ earnings report was weak — but Wall Street expected worse

Starbucks executives said the challenges faced by the company are “transitory.” View Original Article Economy Executives Restaurants Results & Investment 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. CPG & FMCG

How Axe Body Spray is trying to move beyond teenage boys’ lockers

Axe Body Spray was a defining fragrance for the early 2000s teenage boy, but it lost some traction as the brand’s offerings expanded and messaging evolved. View Original Article Unilever 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. Shopper & Customer

Citi says buy 3 stocks tied to the consumer for the same reasons we own them

​   ​   Citi is bullish on Club holdings Estee Lauder (EL), Constellation Brands (STZ) and Procter & Gamble (PG).  View Original Article Procter & Gamble Consumers CPG: Adult Beverage 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. Uncategorized

We’re buying more shares of two companies, stepping off the sidelines in this down market

After patiently waiting for the market to pull back over the past few days, we are nibbling on two stocks of high-quality companies. 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 […]
< 1 min read
0
  1. CPG: HBC

Procter & Gamble revenue and profit fall as company looks to higher prices to offset declining sales

 Procter & Gamble reported falling revenue and profit on Thursday, as higher prices struggled to offset declining sales volumes.  View Original Article Procter & Gamble 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 […]
< 1 min read
0
  1. Department: Consumer Durables

Peloton shares soar on digital content, apparel partnership with Lululemon

​[[“value”:”As it announced the Peloton partnership, Lululemon said it would stop selling the Studio Mirror device by the end of the year.”]]  View Original Article Partnerships 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 […]
< 1 min read
0
  1. Trends & External Forces

Peloton to halt production of its Bikes, treadmills as demand wanes

Peloton is temporarily halting production of its connected fitness products, according to internal documents obtained by CNBC. View Original Article Health & Wellness 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: Specialty & Other

Doubt grows over Buy Buy Baby sale process as parent Bed Bath & Beyond splits auction

​Failed home goods retailer Bed Bath & Beyond will host two separate auctions for its Buy Buy Baby chain as interest in keeping the banner’s stores open wanes.  View Original Article Dept. Nonfood Bed Bath & Beyond Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Uncategorized

GOP attorneys general call on credit card companies to drop plans for gun store code

Two dozen Republican attorneys general are urging Visa, MasterCard and American Express to drop their plans for a new store code for gun retailers. 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 […]
< 1 min read
0
  1. Trends & External Forces

Nordstrom shares fall 10% as retailer warns of potential sales declines in 2024

The department store retailer said revenue for the year ahead will range from a 2% decline to a 1% gain compared with the previous year. View Original Article Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond schedules separate auction for Buy Buy Baby assets

​Bed Bath & Beyond is holding a separate bankruptcy-run sale process for Buy Buy Baby, considered the crown jewel of its assets.  View Original Article Bankruptcy Bed Bath & Beyond 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
Next