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REMA 1000 Parent Reports 4% Decline In Annual Profit

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REMA 1000 Parent Reports 4% Decline In Annual Profit

Reitan Retail has reported a decline in profit for its 2023 financial year while store sales increased compared to the previous year.

Groupe Casino Sells 121 Stores To Groupement Les Mousquetaires, Auchan Retail France, Carrefour

Groupe Casino has completed the sale of 121 stores to Groupement Les Mousquetaires, Auchan Retail France and Carrefour.

Haleon Posts Tepid Q1 Sales As Demand For Some Products Cool Off

Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates as volumes declined.

Glanbia Reiterates Full-Year Guidance After Q1 Volume Growth

Nutrition firm Glanbia has reiterated its full-year guidance following a first quarter in which volume growth was up 1.5%, offset by a pricing decline of 6...

Starbucks Cuts Annual Sales Forecast As Demand Cools In US, China

Starbucks cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years.

Amazon Forecasts Quarterly Revenue Below Estimates

Amazon.com forecast second-quarter revenue below Wall Street expectations, as it expects tepid spending from cost-conscious businesses on its cloud-computi...

Mondelēz International Beats Quarterly Sales, Profit Estimates On Higher Prices

Mondelēz International beat market expectations for first-quarter sales and profit, helped by steady demand for its pricey products.

Shopper Spend Down 0.9% In French Grocery In April

Customer spend fell by 0.9% in France in the period from 18 March to 14 April, new data from Kantar has found – the first time in 25 months that spen...