The alleged misconduct, Kroger said, included Morris's “secret communications” with C&S's CEO and others to advance Albertsons's strategy.
The research firm said that the topline growth would be muted, and margins might be pressured broadly in the sector due to changing consumer preferences and high input costs.
Consumers spent at a slower-than-expected pace in February, although underlying data suggests that sales continued to grow at a solid rate despite concerns over an economic slowdown and rising inflation.Retail...
Sentiment on Stocktwits remained ‘bearish’ from a day ago.
Although Dollar General has underperformed relative to the consumer defensive sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.
Sentiment on Stocktwits turned ‘extremely bearish’ from ‘neutral’ a day ago
The research firm cut its rating on the stock to 'equal weight' from 'overweight' and the target to $156 from $168
PepsiCo PEP announced on Monday its acquisition of the prebiotic soda brand Poppi for $1.95 billion, strengthening its presence in the growing functional beverage category. The move comes as the company...
ETFs tracking consumer staple and consumer discretionary firms gained 1.46% and 0.16%, respectively on Monday.
As Estée Lauder has underperformed relative to the consumer defensive sector over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.