Wall Street

Monster Beverage Misses Quarterly Results On Weaker Demand

Monster Beverage missed Wall Street estimates for third-quarter sales and profit as cost-conscious customers cut back on spending.

WK Kellogg bear Wall Street estimates for third-quarter revenue and profit on Thursday, driven by strong demand despite price hikes.

Hershey trimmed its annual revenue and profit forecast after missing Wall Street estimates for the third-quarter, as price hikes hurt demand.

Packaged food company Kellanova topped Wall Street estimates for Q3 sales on Thursday, driven by resilient demand despite rising prices.

Kleenex tissue maker Kimberly-Clark cut its full-year organic net sales forecast after missing Wall Street estimates for Q3 sales on Tuesday.

Walgreens Boots Alliance said on Tuesday it would shut 1,200 stores over the next three years, as CEO Tim Wentworth planned a turnaround.

Walmart raised its annual sales and profit forecast on Thursday for a second time this year as customers sought inexpensive essentials.

Kenvue beat Wall Street estimates for second-quarter profit and revenue on Tuesday helped by strong sales in its essential health unit.

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