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Adidas’s Yeezy Sales Are as Strong as Ever After Kanye West Controversy
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Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light. Source link
Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs
Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs Source link
Maaco, Meineke Owner Is Hit By Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
CVS Reports Stronger Demand
The healthcare company said a 10.3% increase in its second-quarter sales was driven by growth in its health benefits business. Source link
Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said. Source link
Americans' Thirst for Diageo's High-End Spirits Slows
The owner of Johnnie Walker scotch said sales of its $50-a-bottle liquor are growing more slowly as pandemic-era spending patterns fade. Source link
Caterpillar's Sales Surge as Construction Booms
Revenue was lifted by higher sales across all three of its major segments. Source link
Uber Delivers First-Ever Operating Profit
The company’s ride-hailing and delivery businesses grew as efforts to stem losses bore fruit. Source link
Jeep Looks to Veer Out of Sales Ditch
The rugged American brand that spawned the modern SUV has posted lower sales for eight straight quarters. Source link