McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has dominated corporate America’s discourse over the past three years following the pandemic-induced easing of monetary policy and trillions of dollars in … Read more
A Coca-Cola building in Zagreb, Croatia, Nov. 8, 2023. Denis Lovrovic | AFP | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations. The beverage giant also raised its full-year outlook for organic revenue. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported … Read more
As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival … Read more
Investors looking to enhance their portfolio returns can opt for a combination of growth and dividend stocks. Choosing the right dividend stock by analyzing multiple factors can be complex for investors. However, recommendations from analysts can help inform investors’ research and guide them toward lucrative dividend stocks from companies with strong fundamentals. Here are three … Read more
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more
The best-performing stock of the past three decades is not one of the tech titans you’d assume. It’s actually an energy drink company: Monster Beverage. Monster’s stock has climbed for decades, along with sales, which have grown consistently for 31 years straight. Between Feb. 14, 1994, and Wednesday, Monster’s stock appreciated by about 200,000%. That … Read more
James Quincey, CEO of Coca-Cola Co., speaking on “Squawk Box” at the WEF in Davos, Switzerland, on Jan. 18, 2023. Adam Galica | CNBC Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday. Coke reported its … Read more
Director of the National Economic Council Lael Brainard speaks during the daily press briefing at the White House January 11, 2024 in Washington, DC. Brainard fielded a range of questions about the economy and inflation. Drew Angerer | Getty Images National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling … Read more
Bottles of Coca-Cola are displayed in San Anselmo, California, on April 24, 2023. Justin Sullivan | Getty Images Coca-Cola is expected to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: 49 cents expected Revenue: $10.68 billion expected Investors … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here’s Monday’s edition. If history is … Read more
