Victoria's Secret says year will 'gradually get better' despite wobbly consumer confidence 
 

Victoria's Secret & Co. on Wednesday said it expects the year ahead to "gradually get better," despite what it characterized as shaky consumer confidence and sales forecasts that came in below expectations.

 
Marvell's stock sinks on earnings, showing Wall Street's harsh view of AI plays 
 

Marvell beat expectations with its latest quarterly results and outlook, but that wasn't enough to lift the stock.

 
Starbucks CEO Tells Workers to Step It Up After Layoffs 
 

Brian Niccol said the coffee chain's turnaround hinges on greater accountability: "We own whether or not this place grows."

 
Tesla has another bad month in Germany as sales tumble 76% 
 

Tesla has its second straight difficult month in Germany, as data released Wednesday showed that vehicle registrations fell 76% in February in Europe's largest economy.

 
New Version of Merck's Blockbuster Cancer Drug Threatened by Patent Battle 
 

The company has asked the U.S. patent office to reconsider patents that could prevent it from selling an update to Keytruda.

 
Microsoft-OpenAI Partnership Gets U.K. Antitrust Clearance 
 

The decision is a a victory for the tech giant in its bid to justify the partnership to regulators on both sides of the Atlantic.

 
Kenvue Averts Proxy Battle With Starboard 
 

Kenvue has struck a cooperation agreement with Starboard Value, averting a proxy fight with the activist investment firm.

 
KKR, Walmart to Sell Japan Supermarket Chain Seiyu for $2.5 Billion 
 

The sale ends foreign ownership of one of Japan's most well-known supermarket operators.

 
Campbell's Expects More Muted Back-Half of Fiscal 2025 
 

The maker of soups and snacks said that it expects sales to rise 6% to 8% this year, instead of 9% to 11% as previously projected.

 
Foot Locker Expects Nike Reset, Tariffs to Weigh on Sales 
 

Foot Locker sees a bumpy road ahead for the rest of the year as it contends with cautious consumers and turnaround efforts at Nike.

(END) Dow Jones Newswires

March 05, 2025 19:00 ET (00:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.