The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the company’s branded products.
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.
The CDC is investigating Quarter Pounders as the possible source of the food-safety crisis, with one death and dozens of illnesses across 10 states.
The surprise increase was the first since the electric-car maker’s earnings began to slide earlier this year as it turned to deep price cuts and other sales promotions to stimulate sales.
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.
