Dow Jones Top Company Headlines at 9 AM ET: Kroger Posts Higher Profit but Gives Cautious Full-Year Forecast | Berkshire ...

Dow Jones
03/05

Kroger Posts Higher Profit but Gives Cautious Full-Year Forecast

Kroger logged higher profit and sales in the fiscal fourth quarter while forecasting continued growth in 2026, albeit at a slower rate than last year.

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Berkshire Hathaway Resumes Share Buybacks

Berkshire Hathaway began buying back its own shares, departing from former Chief Executive Warren Buffett's avoidance of share repurchases in recent quarters.

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Burlington Stores Profit Rises on Stronger Sales

Burlington Stores reported higher fiscal fourth-quarter profit as concerns about inflation and the economy drove consumers to off-price retailers.

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BJ's Wholesale Posts Higher Sales, Issues Cautious Profit Outlook

BJ's Wholesale Club logged higher profit and sales in its fiscal fourth quarter, while cautioning that profitability could be pressured in the coming year.

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Six Flags to Sell 7 of Its Amusement Parks

Six Flags Entertainment agreed to sell seven of its regional amusement parks to EPR Properties for total cash consideration of $331 million.

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Prada Warns Versace Revamp Will Drag on Profitability

The fashion house said Versace's consolidation would dilute its profit margin this year, but that would improve it from 2027.

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Target Accelerates In-Store Investments as Part of Turnaround Strategy

Target said it plans to open more than 30 locations this year, part of the retailer's strategy to drive long-term, sustainable growth by investing in its stores.

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Victoria's Secret Sales Rise; CEO Says Strategy is Paying Off

Victoria's Secret's chief executive said her strategy to revive the retailer is working after the company logged higher sales in its latest quarter.

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Broadcom's AI Business Is Booming. The Rest Is Complicated.

Like Nvidia, Broadcom is having a hard time impressing investors with blowout chip projections. And its software business is a drag.

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Volkswagen Group Has Delivered 4 Million All-Electric Vehicles Since 2013

It took the company around 10 years to deliver its first million pure electric vehicles and one year to reach four million deliveries, Chief Executive Oliver Blume said.

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Monte Dei Paschi Board Ousts CEO Lovaglio

Lovaglio has been at the helm since early 2022, steering the bank through a return to profitability and its hostile takeover of Mediobanca.

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Germany's Merck KGaA Expects Currency Headwinds to Weigh on Earnings

The company anticipates currency headwinds would continue to weigh on its earnings this year, as the life-sciences and chemical company prepares for a leadership change.

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JD.com Reports First Loss in Over Three Years

JD.com posted its first quarterly loss in more than three years as the food-delivery subsidy war in China continued to take a toll on the e-commerce giant.

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Primark Gets Permanent CEO as Owner ABF Looks to Steady Ship

Eoin Tonge-who has served as interim Primark CEO since last year-takes the reins at a time when the retailer faces sluggish sales.

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DHL Parent Deutsche Post Expects Earnings Growth Despite Uncertain Conditions

DHL parent Deutsche Post expects earnings to rise this year, despite anticipating continued uncertainty in the global economic environment.

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Reckitt Halts Production in Bahrain

The Lysol maker halted production at a plant in Bahrain, its chief executive said, the latest company to suffer disruption as the conflict in the Middle East escalates.

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Campari Shares Rise as Investors Toast Upbeat Guidance

The group behind the Aperol aperitif, Courvoisier cognac and Wild Turkey bourbon said it would keep investing to boost sales growth, offering investors hope of fresh impetus.

 

(END) Dow Jones Newswires

March 05, 2026 09:00 ET (14:00 GMT)

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