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Financials & Economy
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Hershey reports 6.6% rise in Q2 sales as Reese’s and Dot’s Pretzels drive growth
Hershey’s profits soar in Q2 on higher prices and strong Reese’s demand, prompting raised fiscal 2026 earnings guidance despite cautious consumer spending.
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Costa Coffee India store count falls for first time in five years
Costa Coffee closes 22 outlets in India during FY26, its first network contraction in five years, as Devyani International prioritizes disciplined growth over expansion.
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Starbucks raises annual sales and profit forecasts as turnaround gains momentum
Starbucks lifts annual sales and profit guidance for the second time as CEO Brian Niccol’s turnaround drives a fourth straight quarter of comparable sales growth.
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Del Monte Corporation reports Q2 US$1.2B net sales following Del Monte Foods acquisition
Operating income for the second quarter of 2026 was US$33.5 million, with adjusted operating income at US$48.7 million.
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Namibia’s Meatco revenue falls to US$46.2M as cattle supply drops
Company reported a profit despite a sharp reduction in throughput