U.S. Food and Staples Retail Stock News

Earlier this month, Kroger introduced a summer savings campaign featuring affordable grocery hauls, offering five days of kid-friendly lunches for less than US$50 and discounts on thousands of staples. This initiative highlights Kroger’s focus on value-driven solutions, aiming to attract cost-conscious families while reinforcing its commitment to balancing product quality with budget-friendly pricing. We’ll explore how Kroger’s focus on seasonally relevant, affordable meal offerings may...

Steel Dynamics recently reported its second quarter 2025 results, with net income falling to US$298.73 million and sales reaching US$4.57 billion, both below prior-year levels; the update also detailed the repurchase of nearly 2 million shares under its active buyback program. This combination of softer earnings and ongoing capital returns highlights management's commitment to shareholder policies despite operational pressures. We’ll examine how the earnings decline and active share...

Truist Financial Corporation recently reported its second quarter 2025 results, posting higher net income of US$1.24 billion and earnings per share increases versus the same period last year, alongside reduced net charge-offs and the completion of a US$750 million share buyback tranche. The introduction of Truist Merchant Engage, an integrated merchant services platform tailored for small and medium-sized businesses, underscores the company’s commitment to expanding its digital offerings and...

On July 3, 2025, KLA entered into a new unsecured five-year revolving credit facility agreement totaling US$1.5 billion, replacing its previous agreement and introducing sustainability-linked pricing based on environmental performance targets. This arrangement not only enhances KLA’s financial flexibility for general corporate purposes but also ties its borrowing costs to measurable sustainability achievements, a unique move reflecting rising investor emphasis on environmental...

Newmont Corporation recently announced that Chief Financial Officer Karyn F. Ovelmen has resigned and will be departing the company as of July 11, 2025, with no disagreements cited regarding company operations or financial policies. Interim CFO responsibilities have been assumed by Peter Wexler, Newmont's Executive Vice President and Chief Legal Officer, highlighting the organization’s focus on continuity and leveraging experienced leadership during this transition. Given the CFO transition...

On July 17, 2025, Netflix announced its second quarter and half-year results, reporting revenue of US$11.08 billion and net income of US$3.13 billion for the quarter, with continued share repurchases totaling 1.5 million shares in the quarter and over 30.77 million cumulative shares retired under its ongoing buyback program. These results reflect stronger earnings alongside a consistent capital return program, highlighting Netflix’s focus on improving performance while reducing its share...

Meta Platforms recently participated in the IAB Measurement Leadership Summit in New York, where Diana Lucas, Director of Marketing Science for North America, was a featured speaker. This appearance underscores Meta’s increasing influence in digital advertising standards and measurement, signaling its intent to shape industry best practices. We'll explore how Meta's visibility in digital advertising measurement could reinforce its long-term focus on AI-driven ad solutions and...

The fact that multiple Perrigo Company plc ( NYSE:PRGO ) insiders offloaded a considerable amount of shares over the...

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

OFG Bancorp ( NYSE:OFG ) Second Quarter 2025 Results Key Financial Results Revenue: US$160.7m (down 2.2% from 2Q 2024...

Genius Sports Limited ( NYSE:GENI ), might not be a large cap stock, but it saw a significant share price rise of 22...

Enovis Corporation's ( NYSE:ENOV ) price-to-sales (or "P/S") ratio of 0.7x might make it look like a buy right now...

Whilst it may not be a huge deal, we thought it was good to see that the BRC Inc. ( NYSE:BRCC ) Founder & Executive...

When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...

Commercial Metals' (NYSE:CMC) stock is up by a considerable 23% over the past three months. But the company's key...

With a price-to-earnings (or "P/E") ratio of 35.5x Progress Software Corporation ( NASDAQ:PRGS ) may be sending very...

Despite the fact that Myriad Genetics, Inc.'s (NASDAQ:MYGN) value has dropped 14% in the last week insiders who sold...

Vertiv Holdings Co (VRT) experienced a 80% price surge last quarter, influenced by key corporate events. The appointment of Wei Shen as President of Greater China, with his robust experience in power management, marked a significant leadership change within the company. Concurrently, the broader stock market was bolstered by strong earnings reports, with the S&P 500 and Nasdaq achieving new highs. Among these positive developments, Vertiv's strengthened earnings and strategic collaborations,...

Astera Labs (ALAB) recently experienced a notable 85% rise in its stock price over the last quarter, despite being removed from several Russell indices. This index exclusion may impact the stock's visibility and trading volume, adding weight to the broader market trends. However, Astera Labs also announced positive Q1 earnings with significant revenue and net income growth, and strategic collaborations with Alchip Technologies and NVIDIA, aimed at enhancing AI infrastructure. These moves...

Veeva Systems (VEEV) recently experienced a 31% increase in share price over the last quarter, a period marked by significant developments for the company. Key to this movement was Merck's commitment to implement Veeva Vault CRM, enhancing commercial execution during Merck's critical launch phase. Additionally, Veeva's expanded collaboration with Amazon Web Services and the adoption of its applications by major medtech firms emphasized its industry footprint. This was set against a backdrop...

Mondelez International (MDLZ) announced an exciting collaboration last week, launching the CHIPS AHOY! x Stranger Things Limited-Edition Cookie. This innovative product, with its captivating elements and augmented-reality game, aims to create a buzz among consumers. Coinciding with this launch, MDLZ experienced a 3% increase in its share price, aligning broadly with the upward trend in major indices such as the S&P 500 and Nasdaq, which hit new highs amid strong earnings reports. The...

Verizon Communications (VZ) recently reported solid financial growth for the second quarter of 2025 with increased revenues and earnings per share. Despite these strong results, Verizon’s share price moved 1.78% last week amidst a broader market that reached new highs, with indices like the S&P 500 and Nasdaq advancing. This decline might seem counterintuitive given the optimism surrounding its earnings report, but it aligns with market volatility and investor reactions in a week filled with...