Cracker Barrel Old Country Store
The internet spoke and Cracker Barrel listened: Its classic "Old Timer" logo is coming back.
The restaurant chain replaced its 1977 logo, featuring a man in overalls leaning against a barrel, earlier this month. The new, streamlined version featured just the restaurant's name.
Some customers and online commentators criticized the sterile new look, and the backlash included calls for boycotts and for Chief Executive Julie Felss Masino to resign. Even President Donald Trump on Tuesday weighed in on the rebranding.
On Tuesday evening, the company announced that the old logo would return.
The new logo was the fifth one in Cracker Barrel's corporate history and came amid an overhaul of the company's restaurants and menu.
Cracker Barrel shares gained 8% Wednesday.
Keurig Dr Pepper
Keurig Dr Pepper struck a deal to buy the owner of Peet's Coffee as part of its plan to separate its coffee brands from its refreshment beverages.
After the $18 billion deal with JDE Peet's closes, Keurig Dr Pepper aims to separate into two U.S.-listed companies. One firm will contain its coffee brands; the other will focus on drinks including Dr Pepper, 7UP, Snapple and energy drinks such as Bloom and Ghost.
The global coffee company would have roughly $16 billion in annual revenue, while the beverage company would have some $11 billion in revenue.
Keurig shares fell 11% Monday, while JDE Peet's shares surged 16%.
Eli Lilly
Eli Lilly reached a new milestone in its effort to get an anti-obesity pill cleared by regulators.
The drugmaker on Tuesday said a third late-stage study of the pill, orforglipron, hit key goals, paving the way for Lilly to begin regulatory submissions.
The study's participants showed significant weight loss, lower blood sugar levels and improvements in cardiometabolic risk factors after using the drug for 72 weeks.
Orforglipron has been expected to become a big seller if regulators approve it for sale. However, Eli Lilly earlier this month reported results from a separate Phase 3 study that fell short of what some analysts were predicting, denting Wall Street's enthusiasm.
Eli Lilly shares rose 5.9% Tuesday.
Kohl's
Kohl's stock soared after the troubled department-store chain showed signs of improvement in its latest quarterly report.
The retailer raised the lower end of its annual outlook after logging better-than-expected sales, though Kohl's continues to lose market share to rivals
The company is trying to pull out of a yearslong sales slump and mount a comeback after the ouster of then-Chief Executive Ashley Buchanan earlier this year.
Kohl's shares are up 125% since April, partly because of meme-stock attention, but still down 76% since their 2022 high.
Kohl's surged 24% Wednesday.
Nvidia
All eyes were on chip maker Nvidia's earnings, as investors worried the artificial-intelligence spending boom could slow.
On Wednesday, the world's most valuable company set a fresh sales record, with its results beating Wall Street expectations except in its key AI-chip segment. But the company's lackluster outlook stoked jitters about future demand.
Nvidia's results also highlighted its challenges in China. The company sold no new H20 chips last quarter and is assuming no revenue from the chips designed specially for China this quarter. Despite President Trump approving them for sale earlier this month, Nvidia has halted H20 production after the Chinese government urged customers not to buy it. Nvidia shares edged 0.8% lower Thursday.
On Friday, The Wall Street Journal reported that Alibaba, China's biggest cloud-computing company, has developed a new AI chip that will help fill the void in the Chinese market left by Nvidia.
Hormel Foods
Hormel Foods said it is increasing prices, as rising costs cut into its profit.
The maker of Spam, Jennie-O turkey and Planters nuts said Thursday that its fiscal third-quarter earnings were hurt by a steep rise in costs for meat, nuts and other goods.
Hormel posted an adjusted profit of 35 cents a share. Analysts polled by FactSet expected 40 cents a share.
The food-processing company plans to take "targeted pricing actions" to offset the increased costs, which are expected to remain high. Hormel expects fourth-quarter net sales of $3.15 billion to $3.25 billion. Per-share earnings are forecast to come in between 36 and 38 cents.
Hormel shares slid 13% Thursday.