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Dollarama Inc.’s new chief financial officer says shrinkage — a metric the company uses to track inventory lost through theft, damage and fraud — has increased but is showing signs of plateauing. Patrick Bui would not provide numbers to analysts…
Nov 16 (Reuters) – Macy’s (M.N) crushed analysts’ estimates for quarterly profit on lower inventories and strong demand for beauty products, sending the department store operator’s shares surging as much as 14% on Thursday. The company is the latest U.S.…
Nov 7 (Reuters) – Bumble (BMBL.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday in a sign that sticky inflation and growing competition were weighing on user spending on its dating apps, sending shares down more than 6% in…
Oct 30 (Reuters) – In a strong quarter for earnings, the big consumer stocks have shone even brighter, thanks to results from McDonald’s (MCD.N), Chipotle Mexican Grill (CMG.N) and others that rank among the biggest surprises of the reporting cycle…
Oct 23 (Reuters) – Swiss pharmaceutical company Roche (ROG.S) has settled a patent lawsuit against U.S. biotech firm Biogen (BIIB.O) over its biosimilar version of Roche’s blockbuster rheumatoid arthritis drug Actemra, according to a filing on Monday in Massachusetts federal…