PepsiCo tops Q2 revenue estimates as US demand weakens
What's new: Shares fell more than 4% after PepsiCo flagged slower recovery in North America despite keeping its 2026 outlook.
CNBC, MarketWatch
Subject
#North America
Starbucks cuts about 180 office jobs in London and Hong Kong
Why it matters: The coffee chain is shifting more control outside North America to licensees as it pushes to double its international store count.
Lululemon cuts 2026 outlook; shares sink 11% after hours
What's new: The retailer now sees annual sales as low as $11 billion and earnings as low as $10.95 a share, both below Wall Street targets.