1. Channel: Restaurants

Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine dining sales

Written by Posted on Less than 0 min read

​[[“value”:”Darden, the owner of Olive Garden, saw net sales rise more than 11% in the quarter.”]] 

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. Uncategorized

Apple, Ford and Estee Lauder are in the news Thursday. Here are our takes

​   ​  [[“value”:”Apple, Ford and Estee Lauder made headlines Thursday. Here’s our take on the news.”]]    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 […]
< 1 min read
0
  1. Uncategorized

NBA Commissioner Adam Silver speaks out against Kyrie Irving’s antisemitic post

In a statement, Silver called the decision to post the video “reckless” and said he will be meeting with Irving in person next week to discuss the situation. 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 […]
< 1 min read
0
  1. Channel: Mass

Walmart-backed start-up is acquiring two fintech companies, Even and ONE

The Walmart-backed company aims to build an all-in-one app where consumers can manage their money. View Original Article Consumers Start Ups Technology & Innovation 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 […]
< 1 min read
0
  1. Department: Adult Beverage

An Absolut Vodka and Sprite canned cocktail is coming next year

​[[“value”:”The Coca-Cola Company teamed up with Pernod Ricard to announce the launch of a ready-to-drink premixed cocktail containing Absolut vodka and Sprite next year.”]]  View Original Article Dept. Adult Bev Dept. Beverage CPG: Adult Beverage Coca Cola CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Corporate Finance

Several Buy Buy Baby, Harmon stores to reopen after buyers scored deals on the bankrupt brands

​[[“value”:”The new owners of Buy Buy Baby plan to reopen 11 stores as soon as this fall while Harmon is coming back, too, after Bed Bath & Beyond’s bankruptcy.”]]  View Original Article Brick and Mortar Bankruptcy Bed Bath & Beyond CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 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 Dept. Apparel Partnerships 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. Corporate Finance

P&G earnings top estimates as price hikes offset rising costs, company raises 2022 sales forecast

Shares of P&G have climbed 18% in the last 12 months, giving the company a market value of $387 billion. View Original Article Predictions and Forecasts 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

Target’s earnings take a huge hit as retailer sells off unwanted inventory

The big-box retailer cut its profit outlook in June, saying it would take a hit as it marked down unwanted goods and canceled merchandise orders. View Original Article Target Results & Investment Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Data & Insights

This data in Tuesday’s retail sales report is good news for one of our stocks

​[[“value”:”Even in a softer spending environment for consumers, e-commerce giant Amazon remains a winner.”]]  View Original Article Amazon Consumers Data & Insights Sustainability 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: Club

Costco misses holiday-quarter revenue expectations despite online growth

E-commerce sales grew 18.4% in the quarter compared with the year earlier. View Original Article Costco 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 consumed by more than 355 million people per […]
< 1 min read
0
  1. Trends & External Forces

Modelo maker Constellation’s upbeat forecast should send the stock to new highs

Strength in Constellation’s beer business shows zero signs of slowing down heading into the summer and beyond. View Original Article Dept. Adult Bev Dept. Beverage 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 coverage and business […]
< 1 min read
0
  1. Channel: Mass

Walmart is bringing ads to an aisle near you as retailers chase new moneymakers

​Walmart is pushing into more in-store advertising to capitalize on its huge reach and chase growth in higher-margin businesses.  KEY POINTS Walmart is pushing into in-store advertising to capitalize on its huge reach and chase growth in higher-margin businesses. Walmart shoppers will soon see more third-party ads on screens in self-checkout lanes and TV aisles; […]
4 min read
0
  1. Corporate Finance

Jim Cramer’s top 10 things to watch in the stock market Wednesday

​ ​[[“value”:”The Federal Reserve is widely expected to raise interest rates by another 25 basis points, while a slate of Club holdings report quarterly results.”]]  View Original Article 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 […]
< 1 min read
0
  1. Uncategorized

Women’s sports, NFL’s Swift bump and Messi helped define a big year in ticket sales, StubHub says

​ ​  ​[[“value”:”StubHub is out with its Live Experiences Report which outlines some of the biggest influences in ticket sales for 2023.”]]  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 […]
< 1 min read
0
  1. Uncategorized

Estee Lauder’s plunge on weak forward guidance is not a reason to sell the stock

​ ​[[“value”:”The magnitude of the management’s guidance revision is about as bad as we have ever seen, especially with only one quarter left in the company’s fiscal year.”]]  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 […]
< 1 min read
0
  1. Holiday & Events

Furniture mogul ‘Mattress Mack’ places record-setting $4.5 million bet on the Bengals to win Super Bowl

Texas furniture mogul “Mattress Mack” has made the biggest mobile sports bet in U.S. history, by wagering the Cincinnati Bengals will win Super Bowl LVI. View Original Article 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 […]
< 1 min read
0
  1. Operations & Supply Chain

Apparel prices remain high even as retailers use markdowns to clear excess inventory

Shoppers are paying more to refresh their wardrobes, even as retailers such as Walmart and Target, mark down prices to eat away at excess inventory. View Original Article Dept. Apparel Operations & Supply Chain Shoppers Target Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Corporate Finance

Birkenstock slides more than 12% in stock market debut after opening at $41 per share

​[[“value”:”Shares of German shoe brand Birkenstock fell more than 12% in their market debut on the New York Stock Exchange on Wednesday after ir priced its IPO at $46.”]]  View Original Article Results & Investment Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Associates & Employees

Some restaurant workers could see big wage growth in 2023

[[ Getty Images More than half of U.S. states will hike their minimum wage this year, but some restaurant workers could see even bigger gains in 2023. California’s state minimum wage rose to $15.50 an hour on Jan. 1, but depending on the results of an ongoing court battle, fast-food workers in the state could […]
3 min read
0
  1. Shopper & Customer

Black Friday weekend shopping turnout soars to a record, as consumers seek bargains

​ ​  ​[[“value”:”The strong turnout could reflect shoppers’ hunger for deals or a reversion to a pre-pandemic pattern of holiday shopping.”]]  View Original Article Consumers Shoppers COVID19 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 […]
< 1 min read
0
Next