Recent Posts

Danone sales rise at fastest rate in decade on higher prices

  Bloomberg Danone’s revenue grew at the fastest rate in more than a decade, boosted by higher prices on products from Activia yogurt to Evian water. Sales rose 7.8% on a like-for-like basis in 2022, Danone said, beating analysts’ estimates. The stock rose as much as 2.8% in early trading. Chief Executive Antoine de Saint-Affrique is implementing a turnaround plan ...

Read More »

Bed Bath & Beyond says it will make delayed interest payments

  Bloomberg Bed Bath & Beyond Inc said it will pay past-due interest to bondholders on February 28 as the troubled retailer catches up on overdue payments after a last-minute equity deal earlier this month. The company said in a statement that it has prefunded the full amount of interest. The retailer had been in a grace period since it ...

Read More »

Bankrupt Party City needs Halloween costumes

  Bloomberg As Party City Holdco Inc wades through bankruptcy, some of its most important vendors are banding together to negotiate better trade terms for a holiday the company relies on: Halloween. Halloween orders are placed months ahead of time, meaning costume suppliers have to decide soon what they’re willing to ship to the bankrupt party supplier and on what ...

Read More »
Send this to a friend