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Britannia flags 'clear' signs of slowdown in rural economy, Retail News, ET Retail

FMCG major Britannia Industries has raised concerns over clear signs of a slowdown in the rural economy, said the company in the concall. On Wednesday, the company posted a 19% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 588 crore. The numbers surpassed expectations of ET Now which predicted Rs 533 crore. ....

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Roku stock soars on strong guidance as company sees signs of ad rebound

Roku stock soared after the company reported strong fourth quarter guidance and pointed to further signs of an ad market recovery. ....

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Roku Beats Wall Street Revenue Expectations, Sees Improvement in Ad Business

Shares of Roku soared 12 percent in after hours trading Wednesday after the company beat Wall Street revenue expectations and saw improvements in its advertising business. The company reported total net revenue of $912 million, up 20 percent year-over-year. Platform revenue at Roku, which is primarily generated from ads, has also been increasing, reaching $787 … ....

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