MarketPulse

consumer pressure

2 articles
The Motley FoolThe Motley Fool··Joe Tenebruso

Grocery Outlet Stock Plummets 28% on Massive Loss and Gloomy 2026 Outlook

Grocery Outlet stock crashed 28% after posting $234.8M operating loss and guiding for flat-to-negative 2026 sales amid store closures and intensifying competition.
GOrestructuringconsumer pressure
BenzingaBenzinga··Lekha Gupta

Diageo Shares Plunge as Spirits Giant Reports Revenue Miss, Cuts Guidance

Diageo misses revenue targets at $10.5B, cites weak US and China demand. Shares plunge 13.6% after company cuts full-year guidance citing consumer spending constraints.
DEOearnings missweak guidance