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Shivani Kumaresan

Shivani Kumaresan

Staff Writer at Benzinga

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Location
United States
Languages
  • English
Covering topics
  • Finance & Banking Services

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Recent Articles

benzinga.com

Cloudflare Nets $160 Target After $130M Deal Spikes Shares - Cloudflare (NYSE:NET)

Cloudflare Nets $160 Target After $130M Deal Spikes Shares - Cloudflare (NYSE:NET)
benzinga.com

Why Is Clean Tech Company N2OFF'S Stock Jumping Today? - N2OFF (NAS...

Why Is Clean Tech Company N2OFF'S Stock Jumping Today? - N2OFF (NASDAQ:NITO)
benzinga.com

JPMorgan Sees More Upside For Costco As US Sales, E-Commerce Outper...

Costco (NASDAQ:COST) beat April sales expectations with a 7.1% U.S. comp gain, boosted by higher store traffic and rising transaction sizes. J.P. Morgan raised its price target to $1,088, citing strong momentum, global share gains, and big-ticket category strength.
benzinga.com

Exclusive: HF Foods Launches E-Commerce Platform For Restaurant Sta...

HF Foods Group Inc. announced a new online platform for restaurant staff to directly order specialty food products, part of their growth strategy.
benzinga.com

Food Service Provider Aramark Posts 2% Revenue Growth In Q2

Aramark (NYSE: ARMK) missed Q2 revenue estimates with $4.28 billion but beat earnings expectations with $0.34 adjusted EPS. Operating income rose 9% year-over-year.
benzinga.com

Footwear Giant Skechers To Go Private At 30% Premium In PE Deal

Skechers U.S.A. Inc. (NYSE: SKX) stock surged after announcing a $9.54 billion buyout by 3G Capital. Shareholders can receive $63 per share or opt for a mixed cash-equity deal. The company will go private in Q3 2025.
benzinga.com

Why Is Pet Food Company Freshpet's Stock Sliding Today?

Freshpet Inc. (NASDAQ: FRPT) stock dipped in premarket trading after posting a Q1 FY25 earnings miss. Despite revenue growth of 17.6% to $263.25 million, the company reported an EPS loss of $(0.26), missing estimates. Higher operating costs led to an $11.5 million loss. Freshpet also cut its full-year sales forecast amid weaker-than-expected growth and ongoing economic pressures.
benzinga.com

Peloton Faces Subscriber Setbacks, Tariff Troubles Despite Profit Push

Peloton has minimal exposure to China, but faces broader economic headwinds as quarterly sales will likely fall 13.1% to $624 million.
benzinga.com

Why Consumer Goods Maker Church & Dwight Stock Fell On Thursday?

Church & Dwight (NYSE:CHD) shares dip after Q1 FY25 revenue fell 2.4% to $1.47B, missing the $1.51B estimate. Organic sales declined 1.2% due to lower volume. Gross profit dropped 3.9%, and operating income slipped 3.2%.
benzinga.com

Magna Shares Fall As Profit Miss Overshadows Strong Sales, Higher O...

Magna International (NYSE: MGA) stock dipped after Q1 FY25 results showed an 8.2% revenue drop to $10.07B, despite beating estimates. Declines in global auto production hit key segments.
benzinga.com

Norwegian Cruise Line Faces Declining Bookings, Currency Loss: Analyst

Norwegian Cruise posted first-quarter FY25 earnings per share of 7 cents, falling short of its 8 cents forecast and the 9 cents