Tag: Financial Performance
WK Kellogg to close Omaha plant, downsize in Memphis as it shifts production to newer facilities
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer...
McDonald's same-store sales fall for the 1st time since pandemic, profit slides 12%
McDonald's posted weak sales in the second quarter as increasingly value-conscious consumers in the U.S., China and paid fewer visits to restaurants. Sales...
Under President Milei, the worst economic crisis in decades puts Argentine ingenuity to the test
BUENOS AIRES, Argentina -- In the crush of anti-government protests paralyzing downtown Buenos Aires in the last months, some Argentines saw a traffic-induced...
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
Coca-Cola is raising its full-year sales guidance after a stronger-than-expected second quarter boosted by continued price increases.The Atlanta beverage giant said Tuesday it...
Retail sales unchanged in June from May, underscoring shoppers' resilience
NEW YORK -- Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the...
Target will stop accepting personal checks next week. Are the days of the payment method numbered?
NEW YORK -- Target will no longer accept personal checks from shoppers as of July 15, another sign of how a once ubiquitous...