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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.

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.

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.

Fox posts upbeat revenue on ad boost from FIFA World Cup

Fox posts upbeat revenue on ad boost from FIFA World Cup

Aug 6 (Reuters) - Fox Corp beat Wall Street estimates for fourth-quarter revenue and profit on Thursday, as the FIFA World Cup boosted advertising sales during a busy news cycle. Shares of the company rose 2.3% in premarket trading.

Burger King's US strength helps Restaurant Brands top quarterly same-store sales estimates

Burger King's US strength helps Restaurant Brands top quarterly same-store sales estimates

Aug 6 (Reuters) - Restaurant Brands International beat overall same-store sales growth expectations for the second quarter, helped by resilient demand at its Burger King chain in the U.S.

Kenvue misses quarterly estimates as inflation, tariffs squeeze margins

Kenvue misses quarterly estimates as inflation, tariffs squeeze margins

Aug 6 (Reuters) - Kenvue narrowly missed Wall Street estimates for second-quarter results on Thursday as inflation, tariffs and currency-related costs squeezed margins.

Soccer-Jordan FA chief accuses FIFA's Infantino of 'blackmail' over endorsement

Soccer-Jordan FA chief accuses FIFA's Infantino of 'blackmail' over endorsement

Aug 4 (Reuters) - Jordan Football Association President Ali bin Hussein launched a public attack on FIFA President Gianni Infantino on Tuesday, accusing him of "blackmail" and claiming FIFA offered to help solve the kingdom's problems in exchange for his endorsement.

Food distributor Sysco forecasts strong annual results on resilient demand

Food distributor Sysco forecasts strong annual results on resilient demand

Aug 4 (Reuters) - Sysco on Tuesday forecast strong annual results after beating quarterly sales and profit estimates, helped by improving orders from customers despite macroeconomic uncertainty and an outbreak of cyclosporiasis in the U.S.

Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Aug 4 (Reuters) - Sysco on Tuesday forecast strong annual results after beating quarterly sales and profit estimates, helped by improving orders from local and international customers despite macroeconomic uncertainty and an outbreak of cyclosporiasis in the U.S.

Mattel reiterates annual forecasts, misses quarterly profit estimate on higher costs

Mattel reiterates annual forecasts, misses quarterly profit estimate on higher costs

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.

Analysis-Tesla's China footprint complicates path to possible SpaceX merger

Analysis-Tesla's China footprint complicates path to possible SpaceX merger

Aug 4 (Reuters) - Tesla's electric vehicle business in China looms as a key hurdle to a potential merger between Elon Musk's automaker and SpaceX because of complications it could pose for the space firm's business with the U.S. government.

Booking Holdings beats quarterly profit estimates but warns of Middle East pressures

Booking Holdings beats quarterly profit estimates but warns of Middle East pressures

Aug 4 (Reuters) - Booking Holdings beat Wall Street estimates for second-quarter profit on Tuesday amid growing demand for international travel, but warned that the conflict in the Middle East pressured travel to the region.