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Starbucks raises annual forecasts again as turnaround takes root

Starbucks raises annual forecasts again as turnaround takes root

July 29 (Reuters) - Starbucks raised its annual sales and profit forecasts for the second time on Wednesday, betting that CEO Brian Niccol's turnaround efforts will translate into sustainable growth for the world's largest coffee chain, sending its shares up about 9% in extended trading.

Starbucks reports strong quarterly sales across customer income levels and times of day

Starbucks reports strong quarterly sales across customer income levels and times of day

Starbucks has reported better-than-expected quarterly revenue and profit

Starbucks reports strong quarterly sales and raises annual outlook

Starbucks reports strong quarterly sales and raises annual outlook

Starbucks shares have soared after the coffee giant reported better-than-expected quarterly revenue and profit

Chipotle raises forecast despite hit from cyclospora parasite scare

Chipotle raises forecast despite hit from cyclospora parasite scare

By Anuja Bharat Mistry and Waylon Cunningham July 29 (Reuters) - Chipotle Mexican Grill raised its annual sales forecast on Wednesday but said the third quarter is likely to be its toughest of the year after a multistate cyclosporiasis outbreak dented consumer confidence in eating out in late July.

Regeneron beats quarterly estimates on eczema drug strength, shares rise

Regeneron beats quarterly estimates on eczema drug strength, shares rise

July 30 (Reuters) - Regeneron on Thursday beat Wall Street estimates for second-quarter revenue and profit, helped by strong demand for its eczema drug Dupixent and a high-dose version of its eye drug Eylea. Shares rose nearly 5% before the bell.

Chipotle raises annual sales forecast as new menu items, value deals drive demand

Chipotle raises annual sales forecast as new menu items, value deals drive demand

By Anuja Bharat Mistry July 29 (Reuters) - Chipotle Mexican Grill raised annual sales forecast and beat second-quarter estimates on Wednesday, as its push to roll out value deals and refresh its menu helped win back diners in a challenging spending environment.

Microsoft says cash will keep flowing from AI, shares rise

Microsoft says cash will keep flowing from AI, shares rise

By Deborah Mary Sophia, Stephen Nellis and Aditya Soni July 29 (Reuters) - Microsoft on Wednesday said it expects to keep generating cash through its just-started fiscal 2027 and gave a capital expenditure forecast below Wall Street estimates after an accounting change for data center leases.

Oreo maker Mondelez beats second-quarter estimates on steady demand

Oreo maker Mondelez beats second-quarter estimates on steady demand

July 28 (Reuters) - Cadbury parent Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, helped by steady demand for its chocolates and biscuits.

Yum CEO faces first big test as Taco Bell outbreak clouds earnings

Yum CEO faces first big test as Taco Bell outbreak clouds earnings

By Neil J Kanatt and Koyena Das July 28 (Reuters) - Yum Brands earnings on Thursday will offer the clearest view yet of whether a growing cyclospora outbreak linked to Taco Bell has hit sales at the fast-food chain's growth driver.

Coca-Cola lifts annual forecasts on sodas demand after FIFA World Cup powers sales

Coca-Cola lifts annual forecasts on sodas demand after FIFA World Cup powers sales

July 28 (Reuters) - Coca-Cola on Tuesday raised its annual revenue and profit forecasts, betting on strong demand for its zero sugar beverages as well as its fairlife milk brand in the United States.

Coca-Cola hails World Cup sales boost as it lifts annual forecasts

Coca-Cola hails World Cup sales boost as it lifts annual forecasts

July 28 (Reuters) - Coca-Cola on Tuesday raised its annual forecasts after it beat second-quarter estimates, driven by robust U.S. demand for its zero-sugar drinks and fairlife milk brand, as well as sales tied to the FIFA World Cup.

UPS hikes full-year forecasts after Amazon delivery reductions, shares drop on investor skepticism

UPS hikes full-year forecasts after Amazon delivery reductions, shares drop on investor skepticism

By Abhinav Parmar and Lisa Baertlein July 28 (Reuters) - United Parcel Service lifted annual revenue and profit forecasts above Wall Street estimates on Tuesday as it returned to growth on strong domestic demand after it completed a plan to deliver millions fewer packages for Amazon.com.