Consumer

Doughnut Chain Krispy Kreme Files Confidential IPO With SEC

American doughnut chain Krispy Kreme had filed for an initial public offering (IPO) confidentially with the Securities and Exchange Commission (SEC) l...

3 Hospitality Stocks To Explore As Travel Activities Resume

Summary MGM Resorts’ revenue from China grew 9 percent in the first quarter. Caesars Entertainment CEO sees strong demand for entertainment....

5 Food Stocks To Explore As COVID-19 Restrictions Ease

Summary McDonald’s and Yum! Brands saw their sales recover to pre-pandemic levels. Starbucks expects its global comparable sales to grow up...

TAL & EDU: Two Hot Education Stocks In Market

Summary TAL closed Tuesday's session at 18.47% higher to US$42.14, while EDU closed 20.84% higher to US$10.96 from the previous close. TAL Revenue...

2 Cruise Stocks To Explore As Economy Reopens

Summary Carnival Corp to restart its U.S. cruise operations, starting with Alaska sailings in July. Norwegian Cruise Line Holdings to start Alaska...

Take-Two & Activision Blizzard: Two Gaming Stocks To Watch

Summary Take-Two’s net revenue grew 10% to US$839.4 million in Q1. Take-Two acquired the successful games developer HB Studios Multimedia....

Can Beyond Meat Stock (BYND) Continue Monday’s Rally?

Summary The plant-based meat product company’s stock peaked 12.8 percent in intra-day trade. First-quarter revenue grew 11.4 percent to US$1...

Oatly Stock Up 22.97% In Market Debut, Raises US$1.4 billion

Summary Oatly stock (NASDAQ: OTLY) soared 22.97% to US$20.9 at 2:48 pm ET on Thursday, May 20. Oatly raised US$1.4 billion from 84.4 million Ameri...

Macy’s Raises FY’21 Forecast; Stock Up 68% YTD

Summary The department store operator projects its net sales to grow to US$22.23 billion in fiscal 2021. Macy’s added 4.6 million new custom...

Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1

The first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08...

Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost

Summary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the...

Kraft Heinz: A Rising Warren Buffet Stock

Summary The stock outperformed its competitors like Mondelēz International, Inc. (NASDAQ: MDLZ), and PepsiCo, Inc. (NASDAQ: PEP) this year. Kraft...

DoorDash Stock Jumps Over 20% After Strong Earnings Report

The stock of American food delivery service DoorDash Inc. (NYSE: DASH) surged more than 23% to US$142.265 at 2:29 pm ET on Friday, May 14, a day after...

Kellogg & AB InBev: Will These Two Stocks Rise On Consumer Comeback?

Summary Kellogg’s revenues rose 5.1% to US$3.58 billion in the first quarter of 2021, compared to US$3.41 billion in the year-ago period. Ke...

Upbeat Forecast Boosts Under Armour, Caesars Shares; Peloton Dips Af...

Shares of Under Armour, Inc. (NYSE: UAA) and Caesars Entertainment, Inc. (NASDAQ: CZR) rallied on Wednesday’s trading as both the companies show...

Coursera, Chegg, & Houghton: 3 Education Stocks To Explore

Summary Coursera’s Q1 revenues jumped 64% to US$88.4 million, compared to the same period a year ago. Chegg’s net revenues were up 51%...

3 Alcohol Stocks To Explore On Wall Street

Summary Shares of Oregon-based Willamette Valley Vineyards rallied to a 52-week high on Wednesday. Boston Beer saw its share price rise 23 percent...

P&G to Hike Prices Over Rising Commodity Cost; Posts Robust Q3’21 Re...

Summary Prices will increase for P&G’s products in its baby care, feminine care and adult incontinence categories. The consumer products...

Altria, British American Tobacco Stocks Tumble as FDA Reportedly Loo...

Summary The U.S. Food and Drug Administration is reportedly considering to cut nicotine level in cigarettes. Altria’s share dropped around 1...

PepsiCo’s Q1’21 Revenue Up 6.8%, Reiterates 2021 Guidance

Source: Kowit Lanchu, Shutterstock Summary Organic revenue during the first quarter grew 2.4 percent year over year. Net income rose to US$1.71...