Beats: CVS/eBay | #1 Pharm: Sam’s/Wegmans | Skelly Back
CVS beats Wall Street estimates in Q2 at Yahoo Finance. “…reported $98.9 billion in revenue, compared to estimates of $94.6 billion, and up 8.4% year over year. The adjusted earnings per share of $1.81 were above estimates of $1.46.” Read more
EBay stock surges on earnings beat, rosy guidance at CNBC. “GMV, or the dollar value of items sold, grew 6% year over year to $19.5 billion. That topped analysts’ projected $18.9 billion…” Read more
Autonomous trucks are now driving highways at night, hauling food and dairy between Dallas and Houston at WSJ. “Aurora said its system is now able, in the dark, to detect objects further than the length of three football fields…Kodiak Robotics, are now operating around the clock in parts of West Texas and Eastern New Mexico, delivering loads of sand for use in fracking. These five trucks—which operate on leased roads, not highways–don’t have a human on board…Aurora’s trucks do have a human behind the wheel.” WSJ subs.
Thousands of shared ChatGPT chats are now appearing in Google search results at Fast Company. “A basic Google site search using part of the link created when someone proactively clicks “Share” on ChatGPT can uncover conversations where people reveal deeply personal details…” Fast Company subs.
Amazon to Pay New York Times at Least $20 Million a Year in AI Deal at WSJ. “…gives Amazon access to content from the Times’s news and cooking products, along with its sports property, the Athletic. Amazon can use the material to train AI models and feature summaries and short excerpts of Times content in its products and services, including Alexa.” WSJ subs.
Trump suspends de minimis exemption for low-value imports at CBS News
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J.D. Power Pharmacy Satisfaction Rankings. First place brick & mortar winners:
- Mass – Sam’s Club
- Chain Drug – Health Mart
- Supermarket – Wegmans Full rankings
Family Dollar reportedly ’tilting’ two days before deadly collapse in Kansas City at Fox 4 News
Koddi Says It Has Snagged Kohl’s Retail Media Business from Microsoft at Adweek
Kroger Announces New Leaders in Key Roles “Kroger appointed Ed Oldham to Head of Sourcing. Oldham joins Kroger from PetSmart, where he was SVP and Chief Supply Chain Officer…named Ann Reed, currently president of the Cincinnati-Dayton division, as group vice president of Our Brands…” Press release
Wayfair to open 140,000-square-foot store in Denver – its first in the Mountain West region Press release
Boston private equity firm will pay $947 million for 119 JCPenney stores USA Today
Consumer companies confront tariff pricing dilemma at Reuters. “Reuters’ global tariff tracker shows at least 92 out of nearly 300 companies monitored by the tracker have announced price hikes in response to the trade war, with about a third of them from the consumer sectors.” Reuters subs.
Welcome back, Skelly: Home Depot finally unveils its 2025 Halloween collection at Mashable
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