Whirlpool's Stock Drops 20% as Company Warns Higher Prices Are Coming
The appliance maker cut its earnings guidance in half as historically low consumer confidence steers people away from its higher-end products.
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McDonald's Value Machine Is Generating Higher Sales
The burger giant's quarterly profit increased despite tough economic conditions. Revenue outpaced analysts' forecasts.
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Shell CEO on Oil Market: 'Volatility Has Created Opportunities'
The energy major's traders took advantage of whipsawing oil prices sparked by the Iran war to power the company to its best earnings quarter in two years.
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Shake Shack Swings to Loss on Higher Costs
Shake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs.
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Tapestry Lifts FY Outlook Amid Coach Boom
Tapestry raised its full-year outlook after its Coach brand drove a jump in sales during the fiscal third quarter.
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Citi Stock Falls. Bank Lifts Key Financial Target as Investor Day Gets Underway.
Citigroup investors want CEO Jane Fraser to prove the bank can shift from turnaround to growth.
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Krispy Kreme Narrows Loss, Sees Growth Returning as Turnaround Advances
Krispy Kreme narrowed its loss and expanded margins in the recent quarter as turnaround efforts continued to pay off, though revenue once again declined following last year's move to exit weaker sales locations.
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Papa John's Says Inflation-Weary Consumers Are Trading Down
Papa John's International said budget-conscious customers have traded down to smaller pizzas and passed on sides and desserts in the latest quarter, weighing on sales and profit.
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Dubai's Emirates Posts Record Profit Despite War Disrupting Air Traffic
The airline has gradually restored operations since the Middle East conflict closed airspace and sent jet fuel prices soaring.
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Peloton Narrows Outlook After Quarterly Sales Tick Up
Peloton raised the low end of its annual sales guidance range after revenue ticked up in the fiscal third quarter.
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Carlyle Group Swings to Loss, Posts Revenue Decline
Carlyle Group swung to a loss and reported a drop in revenue during the first quarter, driven by a wider loss in investment income.
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WW International Logs Lower Sales
WW International posted lower revenue in the first quarter, as behavioral subscription sales fell.
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Six Flags Revenue Rises on Attendance, Spending Growth
Six Flags reported higher first-quarter revenue as attendance and customer spending each increased.
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Planet Fitness Slashes 2026 Views After Weak Signups
Planet Fitness cut growth projections for the year and canceled price-hike plans due to a wan rate of signups in the crucial New Year period, even after a sharply higher first quarter.
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UniCredit Strikes Deal to Sell Part of Russia Business to U.A.E. Investor
UniCredit, one of the few Western banks that continues to operate in Russia, has made its biggest step yet to exist the country.
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Maersk Maintains Guidance Despite Rising Costs From Middle East Conflict
The shipping giant said demand for container shipping remained strong, but cautioned that costs would increase due to service disruptions and higher fuel prices.
(END) Dow Jones Newswires
May 07, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.