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Nivedita Balu

UPDATE 3-Constellation tightens grip on Canopy with CEO appointment

09 Dec 2019

Dec 9 Constellation Brands Inc finance head David Klein will take over in January as chief executive officer of pot producer Canopy Growth Corp, hardening up the Corona beer maker's control of a company into which it has sunk $4 billion.

Kroger sales, earnings miss as competition hurts

05 Dec 2019

U.S. supermarket chain Kroger Co missed Wall Street estimates for quarterly sales and profit on Thursday, hurt by stiff competition from industry stalwarts including Walmart Inc and Amazon.com Inc .

UPDATE 2-Kroger sales, earnings miss as competition hurts

05 Dec 2019

Dec 5 U.S. supermarket chain Kroger Co missed Wall Street estimates for quarterly sales and profit on Thursday, hurt by stiff competition from industry stalwarts including Walmart Inc and Amazon.com Inc.

Late Thanksgiving cools Campbell soup sales as grocers delay shipments

04 Dec 2019

Campbell Soup Co on Wednesday missed quarterly sales estimates after a late Thanksgiving delayed soup shipments, and lowered its fiscal 2020 sales forecast to account for the sale of its European chips business.

Gap's quarterly profit beats; says working on plan to split Old Navy

22 Nov 2019

Gap Inc edged past lowered expectations for quarterly profit on Thursday and reiterated its plan to separate Old Navy from the namesake brand, days after the retailer cut its annual forecast and replaced longtime chief executive officer.

UPDATE 2-Gap's quarterly profit beats; says working on plan to split Old Navy

22 Nov 2019

Nov 21 Gap Inc edged past lowered expectations for quarterly profit on Thursday and reiterated its plan to separate Old Navy from the namesake brand, days after the retailer cut its annual forecast and replaced longtime chief executive officer.

UPDATE 4-Target sets upbeat holiday sales tone with raised forecast, shares surge

21 Nov 2019

Nov 20 Target Corp signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery and investments in store revamps, sending its shares up 14%.

Kohl's, Home Depot forecasts quell pre-holiday cheer

20 Nov 2019

Retail heavyweights Kohl's Corp and Home Depot Inc sent a shiver through Wall Street on Tuesday, lodging weak results and annual forecasts that cast more doubt on the health of the U.S. consumer ahead of the crucial holiday shopping season. | Video

WRAPUP 2-Kohl's, Home Depot forecasts quell pre-holiday cheer

20 Nov 2019

Nov 19 Retail heavyweights Kohl's Corp and Home Depot Inc sent a shiver through Wall Street on Tuesday, lodging weak results and annual forecasts that cast more doubt on the health of the U.S. consumer ahead of the crucial holiday shopping season.

Coty takes $600 million bet on reality star Kylie Jenner's beauty brands

19 Nov 2019

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, sending its shares up as much as 5%. | Video

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