Investments

Kimberly-Clark Raises Annual Profit Forecast, Beats Q2 Profit Estimates

Kleenex tissue maker Kimberly-Clark has raised its forecast for full-year profit after beating Wall Street estimates for second-quarter profit.

Henkel Raises Outlook After A 'Strong' First Half

Consumer goods giant Henkel has raised its annual earnings outlook after sales grew 2.9% on an organic basis, to €10.8 billion, in the first half of i...

Stop & Shop To Close More Than 30 Stores By Year-End

Ahold Delhaize-owned supermarket chain Stop & Shop plans to close 32 'underperforming' stores by the end of this year.

Estée Lauder Finance Chief Tracey Travis To Depart Next Year

Estée Lauder has announced that Tracey Travis would be stepping down and retiring from her 12-year role as the MAC lipstick maker's financ...

Lidl GB Calls On Contractors For Store Network Expansion Projects

Lidl GB is organising a series of events to engage with existing partners and team up with new contractors as it plans to kick off its expansion plans.

Kroger Beats First-Quarter Estimates On Steady Grocery Demand

Kroger beat Wall Street estimates for quarterly same-store sales and profit, benefiting from more customers thronging its outlets for lower-priced grocerie...

Colruyt Reports Growth In Revenue, Operating Profit In Full Year 2023/24

Belgian retail group Colruyt has reported growth in revenue and operating profit in its financial year 2023/24 amid a challenging and uncertain macroeconom...