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May 2 - Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight...
(Reuters) - Clorox Co raised its annual profit forecast on Tuesday after beating quarterly earnings expectations, banking on effects of price hikes taken to offset escalating costs. Consumer good companies, including Clorox, have been increasing pr...
Consumer good companies, including Clorox, have been increasing product prices steadily over the last few years to protect profits from costs tied to manufacturing and logistics. Peers Colgate-Palmolive and Kimberly-Clark have also raised their respective sales and profit forecasts in recent weeks on the back of higher product prices. Excluding one-off items, Clorox earned $1.71 cents per share, topping analysts' estimate of $1.37 per share.
Rollins topped market expectations for first-quarter revenue on Wednesday, helped by pricing actions and as demand for its pest control services held steady despite tough macroeconomic conditions in...
WK Kellogg Co, the recently spun-off North American cereal business of Kellanova, raised its full-year profit forecast on Tuesday, encouraged by resilient demand for its Froot Loops and Corn Flakes...