Costco

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Reuters - 2 weeks ago

U.S. Broadcom, Costco Wholesale, Saia

U.S. RESEARCH ROUNDUP-Broadcom, Costco Wholesale, Saia Sept 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Broadcom, Costco Wholesale and Saia on Friday. HIGHLIGHTS * Broadcom Inc AVGO.O : JP Morgan raises target price to $210 from $200 * Costco Wholesale Corp COST.O : Oppenheimer raises target price to $955 from $925 * Globant SA GLOB.N : JP Morgan raises target price to $237 from $226 * Saia Inc SAIA.O : JP Morg

Reuters - 3 weeks ago

Surging grocery prices in focus as US tries to stop Kroger deal

UPDATE 4-Surging grocery prices in focus as US tries to stop Kroger deal Recasts with surging grocery prices, adds details in paragraphs 1, 3 and 8-9 FTC and US states argue merger will harm competition and raise prices Kroger and Albertsons claim merger needed to compete with Walmart, Amazon Kroger pledges $1 billion in price cuts, plans to sell 579 stores if deal proceeds By Deborah Bloom, Jody Godoy PORTLAND, Oregon, Aug 26 (Reuters) - The U.S.

Reuters - 3 weeks ago

US FTC's bid to block Kroger-Albertsons merger heads to trial

US FTC's bid to block Kroger-Albertsons merger heads to trial FTC and US states argue merger will harm competition and raise prices Kroger and Albertsons claim merger needed to compete with Walmart, Amazon Kroger pledges $1 billion in price cuts, plans to sell 579 stores if deal proceeds By Jody Godoy Aug 26 (Reuters) - The U.S. Federal Trade Commission will argue Kroger's KR.N $25 billion merger with rival grocer Albertsons ACI.N is bad for shoppers and workers when the agency's lawsuit goes to

Reuters - 4 weeks ago

Target's grocery discounts prove surprise boost for clothes, beauty sales

Target's grocery discounts prove surprise boost for clothes, beauty sales By Savyata Mishra Aug 22 (Reuters) - Target's TGT.N price cuts on groceries are finally paying off. The Minneapolis-based company has returned to comparable sales growth after several sluggish quarters as shoppers who visited the big box retailer's stores for its discounted food and daily household items ended up browsing through other aisles as well .

Reuters - 4 weeks ago

Costco Teamsters Says Co Suspend National Contract Negotiations

BRIEF-Costco Teamsters Says Co Suspend National Contract Negotiations Aug 21 (Reuters) - Costco Wholesale Corp COST.O : COSTCO TEAMSTERS SUSPEND NATIONAL CONTRACT NEGOTIATIONS Source text for Eikon: ID:nPn7zLmBha Further company coverage: COST.O

Reuters - 4 weeks ago

Target raises 2024 profit forecast as price cuts draw shoppers

UPDATE 5-Target raises 2024 profit forecast as price cuts draw shoppers Adds background in paragraphs 2 Target's Q2 comparable sales up 2%, beat LSEG estimates of 1.15% Raises 2024 profit forecast to $9.00-$9.70/shr from $8.60-$9.60 CEO says shoppers responding to newness and price cuts Shares up 16%, biggest one-day gain in months By Ananya Mariam Rajesh, Siddharth Cavale Aug 21 (Reuters) - Target TGT.N raised its full-year profit forecast on Wednesday and reported its first increase in quarter

Reuters - 4 weeks ago

Teamsters Costco Workers In Virginia Vote To Join National Contract

BRIEF-Teamsters Costco Workers In Virginia Vote To Join National Contract Aug 16 (Reuters) - Costco Wholesale Corp COST.O : TEAMSTERS: COSTCO WORKERS IN VIRGINIA OVERWHELMINGLY VOTE TO JOIN NATIONAL CONTRACT TEAMSTERS: NEGOTIATIONS FOR OVER 18,000 COSTCO TEAMSTERS ARE SET TO BEGIN NEXT WEEK Source text for Eikon: [ID:] Further company coverage: COS

Reuters - 1 month ago

Indexes end higher as retail sales soothe slowdown fears

US STOCKS-Indexes end higher as retail sales soothe slowdown fears Jobless claims at one-month low; retail sales surge in July Walmart advances after raising FY profit forecast Cisco gains after forecasting upbeat Q1 revenue, cutting 7% jobs Indexes up: Dow 1.39%, S&P 1.61%, Nasdaq 2.34% Adds closing prices By Abigail Summerville Aug 15 (Reuters) - Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U .S.

Reuters - 1 month ago

Indexes end higher as retail sales soothe slowdown fears

US STOCKS-Indexes end higher as retail sales soothe slowdown fears Jobless claims at one-month low; retail sales surge in July Walmart advances after raising FY profit forecast Cisco gains after forecasting upbeat Q1 revenue, cutting 7% jobs Updated as of 4 p.m. ET By Abigail Summerville Aug 15 (Reuters) - Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U .S.

Reuters - 1 month ago

Wall Street rallies as retail sales soothe slowdown fears

US STOCKS-Wall Street rallies as retail sales soothe slowdown fears Jobless claims at one-month low; retail sales surge in July Walmart advances after raising FY profit forecast Cisco gains after forecasting upbeat Q1 revenue, cutting 7% jobs Indexes up: Dow 1.37%, S&P 500 1.61%, Nasdaq 2.33% Updated as of 2:30 p.m. ET By Abigail Summerville Aug 15 (Reuters) - Wall Street's main indexes jumped on Thursday, with the Nasdaq rising more than 2% after July U .S.

Reuters - 1 month ago

Wall St charges ahead as retail sales soothe slowdown fears

US STOCKS-Wall St charges ahead as retail sales soothe slowdown fears For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Jobless claims at one-month low; retail sales surge in July Cisco gains after forecasting upbeat Q1 revenue, cutting 7% jobs Nike rises as Ackman's Pershing Square reveals new stakes Walmart advances after raising FY profit forecast Indexes up: Dow 1.15%, S&P 500 1.36%, Nasdaq 2.0% Updated at 11:38 a.m.

Reuters - 1 month ago

Wall St marches ahead as retail sales quell slowdown worries

US STOCKS-Wall St marches ahead as retail sales quell slowdown worries For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Cisco gains after forecasting upbeat Q1 rev, cutting 7% jobs Nike rises as Ackman's Pershing Square reveals new stakes Walmart advances after raising FY profit forecast Indexes up: Dow 1.26%, S&P 500 1.03%, Nasdaq 1.2% Updated at 9:35 a.m.

Reuters - 1 month ago

Uber's second-quarter results beat on ride-sharing demand

UPDATE 2-Uber's second-quarter results beat on ride-sharing demand Updates shares in paragraph 1; adds details on results in paragraph 4, analyst comment in paragraph 10 By Yuvraj Malik Aug 6 (Reuters) - Uber's UBER.N second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company's shares up 5% on Tuesday.

Reuters - 1 month ago

Uber's second-quarter revenue beats on ride-sharing demand

Uber's second-quarter revenue beats on ride-sharing demand Aug 6 (Reuters) - Uber UBER.N beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for its ride-sharing and food-delivery services. With more people returning to offices and stepping out of their homes, ride-sharing demand has got a boost over the past several months benefiting companies such as Uber and rival Lyft LYFT.O .

Reuters - 1 month ago

Avocado goldrush links US companies with Mexico's deforestation disaster

Avocado goldrush links US companies with Mexico's deforestation disaster By Cassandra Garrison URUAPAN, Mexico, Aug 6 (Reuters) - On a sweltering July afternoon, two large yellow bulldozers dug into the brown soil at the bottom of a lush avocado orchard near the small town of Madero, located in central Mexico's Michoacan state. Drone footage recorded by Reuters captured the earth movers hollowing the ground, in what Mexican environmental group Guardian Forestal - which collaborates with the Mich

Reuters - 2 months ago

Walmart's low price promise in focus after Amazon's warning

UPDATE 3-Walmart's low price promise in focus after Amazon's warning Adds investor comments in paragraph 6, 15 and 16, Walmart forecast in paragraph 7, updates stock move in last paragraph By Aishwarya Venugopal and Siddharth Cavale Aug 2 (Reuters) - Walmart's "Everyday Low Price" promise will be put to the test when it reports quarterly results, after rival Amazon.com's warning that customers had turned bargain hunters, pressuring the online shopping behemoth to forecast a weak current quarter.

Reuters - 2 months ago

US targets surging grocery prices in latest probe

US targets surging grocery prices in latest probe By Jody Godoy Aug 1 (Reuters) - The U.S. Federal Trade Commission will probe why grocery prices remain high even as costs for retailers fall, Chair Lina Khan said on Thursday, a key theme for the Biden -Harris administration as it heads towards the presidential election. Once the FTC votes to authorize the study, major grocery chains would be ordered to provide information on their costs and prices on common products.

Reuters - 2 months ago

Toymaker Mattel beats quarterly profit estimates on cost controls

UPDATE 2-Toymaker Mattel beats quarterly profit estimates on cost controls Adds analyst comment in paragraphs 9 and 10, updates share movement in paragraph 4 By Granth Vanaik July 23 (Reuters) - Mattel MAT.O topped Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight control on costs while posting a surprise drop in sales.

Reuters - 2 months ago

Toymaker Mattel tops quarterly profit estimates on cost controls

Toymaker Mattel tops quarterly profit estimates on cost controls By Granth Vanaik July 23 (Reuters) - Mattel MAT.O beat Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight cost controls while posting a surprise drop in sales. The Barbie maker has set a target of saving $200 million in costs by 2026 through initiatives such as streamlining its supply chain and plans to exit or out-license underperforming product lines.

Reuters - 2 months ago

Canada - July 19

PRESS DIGEST-Canada - July 19 July 19 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Canada's major grocers, Costco Canada COST.O and Walmart Canada WMT.N , have now agreed to sign on to the new self-regulatory scheme, which are designed to smooth relations between retailers and their suppliers.

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