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DoorDash projects strong growth as delivery demand holds firm

DoorDash projects strong growth as delivery demand holds firm

Aug 5 (Reuters) - DoorDash on Wednesday forecast third-quarter gross order value and core profit above Wall Street estimates after topping results for the prior three months on sustained demand for food, grocery and convenience deliveries.

Lyft posts record bookings, but higher promotions fuel profit miss

Lyft posts record bookings, but higher promotions fuel profit miss

By Akash Sriram Aug 6 (Reuters) - Lyft beat analysts' revenue estimates for the second quarter on Thursday as a surge in riders and trips lifted bookings to a record, though heavier spending on promotions left net income short of expectations.

Ralph Lauren shares jump as shoppers in Asia, North America drive revenue beat

Ralph Lauren shares jump as shoppers in Asia, North America drive revenue beat

By Anuja Bharat Mistry and Danielle Kaye Aug 6 (Reuters) - Ralph Lauren beat Wall Street estimates for first-quarter results on Thursday, driven by persistent demand from young shoppers in Asia and North America for its high-end collections, from linen shorts to alligator-skin leather bags.

Elf Beauty raises annual forecasts betting on international expansion drive

Elf Beauty raises annual forecasts betting on international expansion drive

By Koyena Das, Neil J Kanatt and Arriana McLymore Aug 5 (Reuters) - Elf Beauty raised annual sales and profit forecast on Wednesday, driven by its expansion push outside of the United States as American shoppers continued to rein in spending in the face of sticky inflation.

Lyft signals steady demand as second-quarter revenue tops estimates

Lyft signals steady demand as second-quarter revenue tops estimates

By Akash Sriram Aug 6 (Reuters) - Lyft beat Wall Street estimates for second-quarter revenue on Thursday and forecast current-quarter gross bookings slightly above expectations, as demand for higher-value rides, international expansion and partnerships drive growth.

Elf Beauty raises annual forecasts as value bet pays off

Elf Beauty raises annual forecasts as value bet pays off

By Koyena Das and Neil J Kanatt Aug 5 (Reuters) - Elf Beauty on Wednesday raised its annual sales and profit forecast, signaling momentum from strong demand for its affordable beauty, makeup and skincare products amid strained consumer spending.

Keurig Dr Pepper reaffirms forecast on strong soda, energy drink demand

Keurig Dr Pepper reaffirms forecast on strong soda, energy drink demand

Aug 6 (Reuters) - Keurig Dr Pepper on Thursday left its annual forecasts unchanged after beating analysts' estimates for second-quarter sales and profit, helped by strength in its sodas and energy drinks portfolios, even as it navigates weakness in its coffee business.

Sandisk, Western Digital weigh on chip sector as high expectations eclipse strong earnings

Sandisk, Western Digital weigh on chip sector as high expectations eclipse strong earnings

By Purvi Agarwal and Niket Nishant Aug 6 (Reuters) - Data storage companies tumbled on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street's hottest bets this year.

Honeywell Aerospace shares tank as sales forecast cut, profit miss disappoint

Honeywell Aerospace shares tank as sales forecast cut, profit miss disappoint

Aug 6 (Reuters) - Honeywell Aerospace shares sank nearly 17% before the bell on Thursday, as supply-chain issues forced it to cut its annual sales target and forecast profit below estimates.

Mattel maintains annual forecasts, misses quarterly profit estimate as higher costs squeeze margins

Mattel maintains annual forecasts, misses quarterly profit estimate as higher costs squeeze margins

Aug 4 (Reuters) - Mattel on Tuesday topped analysts' estimates for second-quarter revenue and reaffirmed its annual forecasts, but profit fell short as tariff-related costs squeezed the toymaker's margins.

McDonald's US sales growth slows as value push falters

McDonald's US sales growth slows as value push falters

By Savyata Mishra Aug 4 (Reuters) - McDonald's on Tuesday missed U.S. sales growth expectations for the second quarter, blaming execution lapses that blunted its value push aimed at lower-income consumers who have been cutting back restaurant spending.

Singapore's Grab lifts 2026 forecasts on solid delivery, ride-hailing demand

Singapore's Grab lifts 2026 forecasts on solid delivery, ride-hailing demand

Aug 4 (Reuters) - Singapore's Grab raised its annual revenue and profit forecasts on Tuesday, banking on promotions and expansion efforts to drive demand for its ride-hailing and delivery services.