Freshpet see second quarter sales rise 15.5% to $305.6 million
Freshpet (NASDAQ:FRPT) reported second-quarter sales of $305.6 million, up 15.5%, as volume increased 15.7%.
Freshpet (NASDAQ:FRPT) reported second-quarter sales of $305.6 million, up 15.5%, as volume increased 15.7%.
US private payrolls rose 44,000 in July after a revised 95,000 increase in the prior month as companies added fewer jobs than expected, according to ADP Research data out Wednesday. Michael McKee reports on Bloomberg Television.
Joint US-Japan intervention has helped the yen for now, but isn't a game-changer for the currency or the economy, Japan's former Prime Minister Fumio Kishida said in a Bloomberg TV interview in Tokyo. He touted a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transform Japan's fortunes.
Ariana Salvatore, head of US public policy strategy at Morgan Stanley, says a win by progressive Abdul El-Sayed in the Democratic US Senate primary in Michigan "makes it really challenging as a general election seat for Democrats to flip," and looks at how the US economy plays into the midterm elections.
Matt McLennan, First Eagle Investments Head of Global Value Team, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the market complacency created by a high concentration in AI.
Valvoline (NYSE:VVV) reported fiscal third-quarter sales of $544.6 million, up 24%, as system-wide same-store sales increased 8%.
Artificial intelligence models developed by OpenAI and Anthropic PBC carried out "unsanctioned" actions including hacking a website and attempting to inject harmful code into software during safety testing reinforcing fears that neither the creators nor seasoned researchers of these systems can predict their actions in testing. Bloomberg Opinion columnist Parmy Olson joins Francine Lacqua on "The Pulse" to discuss the implications.
Dynatrace (NYSE:DT) reported fiscal first-quarter revenue of $554.5 million, up 16%, as annual recurring revenue reached $2.136 billion.
CVS Health (NYSE:CVS) reported second-quarter revenues of $106.1 billion, representing a 7.3% increase driven by broad segment gains.
FuboTV (NYSE:FUBO) reported fiscal third-quarter revenue of $1.482 billion, while North American paid subscribers increased 2% to 5.75 million.
Kraft Heinz (NASDAQ:KHC) reported second-quarter net sales of $6.26 billion, down 1.4%, while adjusted EPS reached $0.56.
Uber Technologies (NYSE:UBER) reported second-quarter revenue of $14.2 billion, up 12%, as trips and gross bookings continued growing.