Company news from across global commerce: M&A, leadership changes, earnings, and corporate strategy.
Walmart reports second quarter fiscal 2027 results on August 20, with consensus near USD 186.77 billion in revenue and USD 0.74 adjusted EPS. The quarter is the first full period under the new Section 301 forced labor duties, and it closes a day before 50% tariffs on Canadian goods begin.
Home Depot said chair, president and CEO Ted Decker has begun a temporary medical leave expected to last a few months. Senior EVP Ann-Marie Campbell and CFO Richard McPhail will split oversight of the retailer six days before it reports second quarter results.
WARN notices surface before the press release. Here is how to read them and what they do and do not prove.
Comparable or same-store sales is the headline retail metric, and the definition varies by company. Here is how to read it critically.
Walmart-owned Flipkart will enter Indian food delivery within weeks, group CEO Kalyan Krishnamurthy told ETtech. Swiggy shares fell as much as 5.55% and Eternal dropped nearly 3% on the news.
Tractor Supply cut its full-year 2026 outlook after Q2 comparable sales fell 1.5% on weak May weather. The retailer will close about 75 Petsense stores and withdrew its long-term financial targets.
Nestlé reported 3.6% organic growth for the first half of 2026 as pricing and a coffee-led recovery lifted sales, while e-commerce reached 21.8% of group revenue. Net profit fell 31% on divestment write-downs as CEO Philipp Navratil pressed ahead with a CHF 3 billion cost program and a bottled-water joint venture.
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.