Walmart Raises Annual Forecast After Strong Quarter, Plans Nasdaq Move
Walmart boosts 2025 forecast for second time as eCommerce grows 27%. Stock moving to Nasdaq in December as retailer expands tech focus.
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Target Adjusts Outlook as Turnaround Efforts Continue
Target trimmed its 2025 profit outlook due to cautious shoppers and soft demand. Incoming CEO Michael Fiddelke plans a $5 billion investment next year to fuel growth.
AB InBev Eyes $700M Deal for BeatBox to Attract Younger Drinkers
Beer giant Anheuser-Busch InBev is in talks to acquire BeatBox, a popular fruity alcoholic beverage brand, for around $700 million to capture younger consumers.
Beyond Meat Reports Deepening Losses Amid Declining Plant-Based Demand
Beyond Meat reports $110.7M Q3 loss as sales drop 13% to $70.2M. Asset impairment charges, weak U.S. demand, and category headwinds weigh heavily on plant-based meat company.
Diageo Hires "Drastic Dave" Lewis to Lead Major Turnaround
Spirits giant Diageo, facing high debt and tariffs, taps former Tesco CEO Dave Lewis (known for his successful Tesco turnaround) to revive growth and revitalize major brands like Johnnie Walker and Guinness.
Tyson Q4 Profit Jumps; Beef Faces $600M Loss, Trump Scrutiny
Tyson Foods (TSN) reported growth in sales and adjusted profit for Fiscal 2025, driven by strong Chicken and Prepared Foods segments, despite major losses in Beef due to severe cattle shortages and rising prices.