Company news from across global commerce: M&A, leadership changes, earnings, and corporate strategy.
Domino’s second-quarter 2026 revenue beat estimates but adjusted profit missed as US same-store sales rose just 0.1 percent, a one-year low. Supply-chain strength and steady order counts cushioned softer per-order spending ahead of a CEO handover.
Reliance Retail’s net profit fell 14.1% to 2,805 crore rupees in the June quarter even as revenue rose 8.2%, exposing a margin squeeze across Indian retail. Digital commerce surged 46% while the group parent posted a record first-quarter profit.
Funding Circle reported first-half 2026 revenue up 50% to about £138m and pretax profit of about £23m, nearly quadrupling year on year. FlexiPay transactions jumped 71% as the SME lender reaffirmed full-year guidance.
Watches of Switzerland Group posted record annual revenue of £1.83bn for FY26, with the United States overtaking the UK and Europe combined to become its largest market. Statutory pre-tax profit jumped 76 percent even as the group trimmed its store estate to 191 showrooms.
Levi Strauss beat second-quarter estimates, raised its full-year outlook and lifted its dividend, yet shares fell nearly 6% on July 10. Soft third-quarter guidance and tariff uncertainty drove the sell-off.
Fast Retailing raised its full-year profit forecast to a record and posted a 45.7% jump in quarterly operating profit. Yet shares in the Uniqlo owner fell as much as 5.1% in Tokyo after its CFO warned a weak yen could drag on Japan sales.
Trent shares fell about 12% on Tuesday, the biggest Sensex loser, after its Q1 business update showed revenue growth slowing to 19%, short of Street estimates. Weakness in sales per square foot at the Zudio value chain raised fears of store cannibalization and a normalizing growth engine.
Domino’s Pizza China operator DPC Dash reached 1,550 stores across 75 cities by June 30, adding 235 net new outlets in the first half of 2026. The pace signals confidence even as same-store sales stayed negative and Chinese consumers kept spending cautiously.
General Mills reported a $2.1 billion fourth-quarter operating loss on non-cash goodwill and Brazil charges, even as adjusted operating profit rose 13 percent in constant currency. The July 1 results point to flat volumes, a cost-savings drive, and fresh pressure on grocery shelves from private label.
MINISO authorized a fresh HK$2 billion (about USD 255 million) share repurchase program that begins June 30, telling investors its stock trades below intrinsic value. The move follows a year in which the Chinese variety-store group nearly exhausted a prior buyback while its New York-listed shares fell toward a 52-week low.