Aug 1 (Reuters) - Ball Corp ( BALL ) reported a second-quarter profit on Thursday that beat analysts' estimates as the beer can maker benefited from cost-reduction plans and lower input costs. The company, whose customers include Corona beer maker Constellation Brands ( STZ ), has been streamlining its business and cutting down on higher cost facilities. In February, Ball...

Hershey cut its annual profit and sales forecasts on Thursday and posted a near 17% drop in quarterly sales, highlighting cautious consumer spending for its candy and chocolates. WHY IS IT IMPORTANT? Hershey had been one of the few companies to gain market share even as it increased product prices to combat the impact of cost inflation. However, demand trends...

08:00 AM EDT, 08/01/2024 (MT Newswires) -- WW International ( WW ) reported Q2 earnings Thursday of $0.29 per diluted share, down from $0.65 a year earlier. Three analysts polled by Capital IQ expected $0.03. Net revenue for the quarter ended June 29 was $202.1 million, down from $226.8 million a year ago. Analysts surveyed by Capital IQ expected $208.9...

(Reuters) - Intercontinental Exchange ( ICE ) reported an estimate-beating profit rise of 9% in the second quarter on Thursday, helped by strong performance in its exchange business as trading remained robust. The conflict in the Middle East has changed the landscape for global commodity and energy markets, significantly raising volatility and bumping up trades as investors assess the impact...