Thursday morning we will get earnings from The Coca-Cola Company (NYSE: KO), and this will likely be the big set-up play for Friday’s Pepsico, Inc. (NYSE: PEP) earnings. We have prepared a detailed preview…
Starbucks (SBUX) announced today that customers will be able to buy a coffee and breakfast item for $3.95. Can Starbucks afford to do that with its relatively high costs of real estate, workers, and…
Starbucks (SBUX) will begin offering $3.95 breakfast value meals of coffee and food. One argument against the move is that it will make the coffee chain seem too much like the local low-rent deli.…
Standard & Poor’s Ratings Services has put six department store companies on CreditWatch with negative implications and has changed the outlook on three department store companies to negative from stable. Moody’s & Fitch either…
Sales at Gap (GPS) on a same-store basis were off 23% in January, which is breathtaking and sad. Revenue for the chain moved down from $935 million in the month last year to $757…
Wal-Mart Stores Inc. (NASDAQ: WMT) appears to be back to its game of 2008 and late 2007 after being a bit cautious last month. The company beat its January expectations, and it looks like…
There is an upper tier of retail companies both in the US and abroad. It has been assumed that these firms would not dodge a recession, but that they might keep their sales flat…
Yum! Brands Inc. (NYSE: YUM) posted earnings of $0.46 EPS on revenue of $3.38 billion. Analysts had expected results of $0.45 EPS on $3.38 billion in revenue, according to Thomson Reuters (First Call). Yum!…
Yum! Brands Inc. (NYSE: YUM) is set to report earnings after the close of trading today. Analysts surveyed by Thomson Reuters expect earnings of $0.45 EPS on $3.38 billion in revenue. We have noted…
Macy’s (M) said it would lay off 7,000 people, cut its dividend by about 60%, and begin a tender offer for some of its debt. After the announcement, Moody’s said it might cut Macy’s…
Macy’s (M) will cut 7,000 workers, about 4% of its work force. The company says it will also slash its dividend. Macy’s same-store sales were off 4% in December. Many analysts believe that retailers…
Eight O’Clock Coffee 100% Colombian at $6.28 per pound ranked number one in Consumer Reports’ tests of 19 ground coffees, besting Folgers, Maxwell House, and Starbucks— America’s best-selling ground coffees. The independent testing firm…
Is the Barbie doll going the way of the Raphus cucullatus (Dodo Bird)? Mattel (MAT) posted awful sales for the last quarter. The toy company said revenue fell 11% to $1.94 billion from $2.19…
Macy’s (M) is up against the same hard rock as other large retailers who cater to the middle class, Sears (SHLD) and Nordstrom (JWN). Sales are being crippled by the recession and there are…
Jeff Bezos, the founder and CEO of Amazon (AMZN), looks a bit mad. Stick thin and without a hair on his head he is both bug-eyed and frenetic. He has the look of a…