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Articles by Shania S Thomas
Philip Morris warns conflicts are raising costs, hurting earnings
Oct 21 (Reuters) - Philip Morris International flagged growing pressure from conflicts in the Middle East and Ukraine on Wednesday and said it now expects to land in the middle to lower half of its full-year profit forecast range, sending its shares down about 2%. The tobacco company beat Wall Street estimates for third-quarter sales and profit, but said higher energy costs linked to the Iran war were weighing on its cost base and would have a bigger impact in the fourth quarter.
Philip Morris warns conflicts are raising costs, hurting earnings
By Shania S Thomas and Emma Rumney Oct 21 (Reuters) - Philip Morris International flagged growing pressure from conflicts in the Middle East and Ukraine on Wednesday and said it now expects to land in the middle to lower half of its full-year profit forecast range, sending its shares down about 2%.
Silgan and American Industrial to buy Trivium Packaging in $3.4 billion deal
By Shania S Thomas Oct 19 (Reuters) - Silgan Holdings and private equity firm American Industrial Partners said on Monday they would buy Trivium Packaging in a $3.4 billion deal, as the US consumer goods packaging maker looks to expand its footprint in Europe. Silgan, whose customers include Campbell and Coca-Cola, makes metal cans and dispensing products such as lotion pumps.
Hormel Foods to Buy Chicken Firm Brakebush for $1.06B
Sept 30 (Reuters) - Hormel Foods on Wednesday said it would buy family-owned chicken processor Brakebush Brothers for $1.06 billion, as the Skippy peanut butter maker looks to expand its protein portfolio. Consumers are increasingly gravitating toward protein-rich meals as health and wellness trends shape food choices. The Westfield, Wisconsin-based Brakebush generated nearly $1.2 billion in net sales in the last 12 months.
US Holiday Online Sales to Grow 6.7%, Adobe Forecasts
Sept 28 (Reuters) - US online sales will likely grow 6.7% this holiday season, nearly the same pace as last year, as promotions attract deal-seeking shoppers, Adobe Analytics forecast on Monday. Higher household costs are turning shoppers more selective and value-seeking. Retailers, including Walmart, Kohl's and American Eagle, have raised concerns on consumers' spending capacity ahead of the key shopping period that drives end-of-year sales.
Dollarama raises annual sales forecast in Canada as cost-conscious shoppers trade down
By Shania S Thomas Sept 16 (Reuters) - Canada's Dollarama raised annual comparable sales growth forecast on Wednesday, as shoppers opt for its cheaper everyday products while contending with higher costs of living and trade-related uncertainty.
Dollarama expects higher sales as inflation-hit shoppers look for discounts
Canadian retailer Dollarama raised annual comparable sales growth forecast on Wednesday, as budget-conscious shoppers increasingly opted for its discount everyday products while contending with higher cost of living. As consumers look for ways to stretch their budgets, many have shifted to affordable alternatives across categories ranging from pantry staples to personal-care products, boosting traffic at dollar stores such as Dollarama, which sells merchandise at price points of up to $5.
Fabricante do Jack Daniel's prevê demanda fraca por bebidas alcoólicas durante o ano
Resumo A Brown-Forman, dona do Jack Daniel's, prevê demanda pressionada por bebidas alcoólicas em mercados desenvolvidos devido a restrições orçamentárias, foco em saúde e tensões com o Canadá. Apesar da queda de 1% nas vendas do trimestre (US$ 911 milhões), puxada pela baixa na tequila, as ações subiram 4% após o lucro superar previsões, sustentado pelo corte de custos e pelo salto de 20% em bebidas prontas para beber.
Jack Daniel's maker flags soft alcohol demand for year, sees no respite in Canada
Sept 2 (Reuters) - Jack Daniel's maker Brown-Forman said on Wednesday alcohol demand, especially in developed markets, is likely to remain under pressure this year, while renewed trade tensions with Canada pose an additional challenge.
Jack Daniel's maker flags soft alcohol demand for year, sees no respite in Canada
Sept 2 (Reuters) - Jack Daniel's maker Brown-Forman said on Wednesday alcohol demand, especially in developed markets, is likely to remain under pressure this year, while renewed trade tensions with Canada pose an additional challenge. Yet, shares of the company, which also makes Tequila Herradura, were up about 4% after it narrowly beat quarterly profit estimates and stuck to its annual targets in a weak spending environment.
Jack Daniel's maker misses sales estimates on weak consumer spending
Sept 2 (Reuters) - Jack Daniel's maker Brown-Forman missed first-quarter sales estimates and stuck to its annual targets on Wednesday, joining other spirits makers in warning of a challenging consumer environment in the U.S. and Europe. Consumers have become more discerning in their spending as concerns about inflation and jobs tighten household budgets.
米百貨店コールズ、5―7月売上高は予想届かず 家計の厳しさ指摘
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Kohl's reports second-quarter sales miss on weak discretionary spending
By Anuja Bharat Mistry and Shania S Thomas Aug 26 (Reuters) - Kohl's missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain's turnaround push, sending its shares down about 7% in premarket trading.
Kohl's reports second-quarter sales miss on weak discretionary spending
By Anuja Bharat Mistry and Shania S Thomas By Anuja Bharat Mistry and Shania S Thomas Aug 26 (Reuters) - Kohl's missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain's turnaround push, sending its shares down about 7% in premarket trading.
Kohl's sales dampened by weak discretionary spending, shares fall 8%
By Anuja Bharat Mistry, Shania S Thomas and Danielle Kaye Aug 26 (Reuters) - Kohl's on Wednesday missed Wall Street estimates for second-quarter sales as muted spending on women's clothing and skincare products offset gains from the department-store chain's push to revitalize the business. The company's shares, which have fallen more than 20% so far this year, tumbled about 8% in morning trading.
Kohl's sales dampened by weak discretionary spending, shares fall 8%
By Anuja Bharat Mistry, Shania S Thomas and Danielle Kaye Aug 26 (Reuters) - Kohl's on Wednesday missed Wall Street estimates for second-quarter sales as muted spending on women's clothing and skincare products offset gains from the department-store chain's push to revitalize the business. The company's shares, which have fallen more than 20% so far this year, tumbled about 8% in morning trading.
Kohl's sales dampened by weak discretionary spending, shares fall 8%
By Anuja Bharat Mistry, Shania S Thomas and Danielle Kaye Aug 26 (Reuters) - Kohl's on Wednesday missed Wall Street estimates for second-quarter sales as muted spending on women's clothing and skincare products offset gains from the department-store chain's push to revitalize the business. The company's shares, which have fallen more than 20% so far this year, tumbled about 8% in morning trading.
Kohl's sales fall as retailer cites 'persistent financial pressures' on shoppers
By Anuja Bharat Mistry, Shania S Thomas and Danielle Kaye Aug 26 (Reuters) - Kohl's on Wednesday missed Wall Street estimates for second-quarter sales as muted spending on women's clothing and skincare products offset gains from the department-store chain's push to revitalize the business. The company's shares, which had already fallen about 13% so far this year, dipped in volatile morning trading before paring back losses.
Kohl’s reports second-quarter sales miss on weak discretionary spending
By Anuja Bharat Mistry and Shania S Thomas Aug 26 (Reuters) – Kohl’s missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain’s turnaround push, sending its shares down about 7% in premarket trading.
Kohl's reports second-quarter sales miss on weak discretionary spending
By Anuja Bharat Mistry and Shania S Thomas Aug 26 (Reuters) - Kohl's missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain's turnaround push, sending its shares down about 7% in premarket trading.
Altria misses quarterly profit estimates as premium cigarette demand weakens
July 30 (Reuters) - Marlboro maker Altria Group fell short of second-quarter earnings estimates as macroeconomic uncertainty weighed on spending patterns, hurting demand for its premium cigarettes and nicotine pouches. Altria's shares were down nearly 7% on Thursday as shipment volumes dropped for its premium Marlboro brand, as well as for its On! nicotine pouches.
Domino's Keeps Sales View, Value-Seeking Diners Slow Growth
Domino's still expects FY26 US, international same-store sales growth in low single digits Q2 revenue of $1.19 billion beats estimates of $1.18 billion Co posts quarterly profit of $4.07 per share vs $4.17 per share - LSEG July 20 (Reuters) - Dominos Pizza on Monday maintained its annual sales forecasts, but said a challenging macroeconomic environment continued to weigh on consumers and heighten competition.
Domino's beats investor expectations despite soft customer demand
BUSINESS Anuja Bharat Mistry and Shania S Thomas Reuters July 20, 2026, 12:43 p.m. ET View Comments Domino's Pizza's quarterly revenue edged past Wall Street estimates on Monday as growth in its supply-chain business offset softer demand at its restaurants, where cautious consumers curbed discretionary spending. Shares of the company, which had fallen about 23% this year, were up about 7% at $343.50 in premarket trading.
Domino's revenue beats estimates as supply-chain business offsets weak demand
Domino’s revenue beats estimates as supply-chain business offsets weak demand By Anuja Bharat Mistry and Shania S Thomas July 20 (Reuters) – Domino’s Pizza’s quarterly revenue edged past Wall Street estimates on Monday as growth in its supply-chain business offset softer demand at its restaurants, where cautious consumers curbed discretionary spending. Shares of the company, which had fallen about 23% this year, were up about 7% at $343.50 in premarket trading.
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