NorthAmerica News & Analysis
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Market Mood
Starbucks (SBUX) Discontinues AI Inventory Tool in North America
Starbucks (SBUX) has decided to discontinue its AI inventory management tool across North America. The tool was rolled out as part of a broader initiative to enhance operational efficiency but has now been deemed ineffective. This decision may impact Starbucks' inventory processes and overall operational strategy going forward. The withdrawal of the AI tool could lead to changes in how inventory is managed, potentially affecting costs and efficiency in the company's supply chain.
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Ferrovial (FER) Reports Q1 2026 Revenue Growth of 10.2%
Ferrovial (FER) reported a 10.2% revenue growth on a like-for-like basis for Q1 2026, with adjusted EBITDA rising 15% and adjusted EBIT up 10.6%. The company's North American toll road, 407 ETR, saw an 8.2% increase in traffic year-over-year, contributing to a 20% revenue growth and 22.1% rise in toll revenue. Net debt, excluding infrastructure projects, stood at negative EUR 1.2 billion, indicating net cash status. The board also approved a CAD 500 million dividend for Q2 2026, reflecting increased performance and improved financing.
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PepsiCo (PEP) Q1 Earnings Beat Estimates With $19.44B Revenue
PepsiCo (PEP) reported Q1 earnings of $2.33 billion or $1.70 per share, exceeding expectations of $1.55 per share. Revenue rose to $19.44 billion, surpassing estimates of $18.94 billion, with an 8.5% increase attributed to new product launches and price cuts. The North American food segment experienced a volume growth of 2%, marking its first increase in over two years following a 15% price reduction on key products. For the full year, PepsiCo continues to forecast organic revenue growth of 2% to 4% and core earnings per share increase of 4% to 6%.
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