Nike (NKE): China sales slide and a weak outlook meet a $2.5 billion cost plan
Nike's fiscal Q1 revenue fell 4% to $11.21B and missed estimates, with Greater China down 22% reported (26% currency-neutral). Management guided to a…
Home/Sector
Consumer & Retail
9 takes
Constellation Brands (STZ): Beats Q2 but beer depletions slip 0.6%
Constellation beat Q2 with $2.63B revenue and $3.74 adjusted EPS, but beer depletions fell 0.6% while shipments rose 5.5%, a gap worth watching. FY27…
US Adds 29,000 Jobs, Stocks Rally and Tesla Deliveries Beat Estimates: What's Going On Today
The US added 29,000 jobs in September, well below expectations, and unemployment rose to 4.2%, according to October 2 Labor Department data reported…
Brixmor Buys Slate Grocery REIT for $2.34bn as JPMorgan Sours on PepsiCo
Tuesday, 29 September 2026. Two very different consumer stories today: investors are paying up for grocery-anchored shopping centres, while one of…
Who Pays and Who Polices? The Fed's Waller on AI Agents as Reco Raises $55m
Tuesday, 29 September 2026. After a day of launches from OpenAI and Meta, the harder questions about AI agents are arriving: how they will pay for…
US Consumer Confidence Hits 12-Year Low as Job Openings Slide
Tuesday, 29 September 2026. Two fresh reports on the US economy landed at 10am New York time, and both point the same way: Americans are growing…
Carnival Posts Record Quarter Despite Fuel Costs as Goldman Eyes Waldron for CEO
Tuesday, 29 September 2026. Carnival has shrugged off soaring fuel costs with a record quarter, sending its shares sharply higher, while Goldman…
Fed's Cook Warns AI and Oil Will Keep Inflation Hot as CarMax Profits Jump 81%
Tuesday, 29 September 2026. A Federal Reserve governor has signalled that interest rates may have further to rise, while CarMax surprised with an 81%…
China Cuts Credit Costs, Google Challenges EU AI Rules and UPS Partners With TikTok Shop
China announced a cut to the rate on a key central-bank lending facility and interest subsidies on new commercial mortgages for eligible first-time…