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cnbc.com

Monday, May 6

23

Dozens of former employees plan to sue Bowlero alleging discrimination after EEOC closes case, lawyer says

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Dozens of former employees plan to sue Bowlero for discrimination and retaliation after the EEOC declined to bring a lawsuit against the company.

18

What we're looking for when Disney posts quarterly earnings on Tuesday morning

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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

17

Americans can't stop 'spaving' — here’s how to avoid this financial trap

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"Spaving," or spending more to save more, can lead to excessive spending and high-interest credit card debt if you aren't careful, experts say.

Equinox launches $40,000 membership to help you live longer

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"Optimize by Equinox" is a personalized health program that includes everything from personal training and nutrition to sleep coaching and massage therapy.

16

Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss

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In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.

Friday, May 3

21

Dave & Buster's plan to allow betting on arcade games draws scrutiny

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An Illinois lawmaker is proposing legislation to prevent wagering at family entertainment venues, saying such companies don't have proper safeguards in place.

Thursday, May 2

23

Wayfair shares surge after furniture retailer cuts losses by more than $100 million

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Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.

18

We're buying 2 unfairly punished stocks and 1 on an analyst call

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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

14

Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt

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Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.

Wednesday, May 1

21

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's

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Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.

14

Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint

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KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.

04

Starbucks gets a price target cut after a brutal quarterly miss and light guidance

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Starbucks is dealing with too many headwinds right now. This is a decline we do not have plans of immediately buying.

01

Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag

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Across all regions, Starbucks reported shrinking same-store sales and falling traffic.

Tuesday, Apr 30

21

Jim Cramer says GE Healthcare's unwarranted post-earnings plunge is a buying opportunity

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

16

A new Walmart in-store AI is giving employees advice on how to sell products before it's too late

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Walmart store employees are starting to get advice from an AI on when produce is about to go bad and when certain clothing items may need to be put on sale.

14

McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales

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McDonald's shares have fallen 7.5% over the last year, dragging its market value down to $197 billion.

Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices

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Shares of Coke have fallen 3.5% over the last year, dragging the company's market value down to $267 billion.

Walmart to shutter health centers, virtual care service in latest failed push into health care

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Walmart said clinics are not a sustainable business model due to a challenging reimbursement environment for primary care and increasing operating costs.

13

Burger King invests another $300 million to remodel restaurants

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The restaurant company is planning to spend $2.2 billion to revive Burger King's U.S. business.

Dave & Buster's to allow customers to bet on arcade games

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One of the largest entertainment operators in the country, Dave & Buster's, will allow its loyalty customers to compete against one another on its app.

Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth

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The nation's largest grocer sees room to build on its inflation-fueled grocery gains.

Friday, Apr 26

18

Starbucks, Workers United made 'significant progress' in this week's contract talks

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Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.

Thursday, Apr 25

22

Professional pickleball signs first international deal, looks to grow the sport in India

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Pro pickleball is looking to world's most populous country for its continued growth.

01

Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes

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A little over a year ago, Chipotle announced the opening of its first Farmesa location.

Chipotle posts big earnings beat as diners shake off higher prices

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The burrito chain said traffic increased 5.4% in its first quarter.

Wednesday, Apr 24

15

Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence

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Foot Locker unveiled its "store of the future" concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next two years.

14

Starbucks resumes bargaining with union after two sides thaw relationship

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In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.

Tuesday, Apr 23

15

PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales

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PepsiCo's volume and sales growth were better in most international markets than in its North America markets.

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

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One's expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in retail.

Monday, Apr 22

00

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

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The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.