Eli Lilly blows past quarterly estimates, posts strong outlook as Zepbound and Mounjaro sales soar

Eli Lilly blows past quarterly estimates, posts strong outlook as Zepbound and Mounjaro sales soar

Eli Lilly on Wednesday posted fourth-quarter earnings and revenue and 2026 guidance that blew past estimates, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soars. The pharmaceutical giant anticipates its 2026 revenue will come in between $80 billion and $83 billion. Analysts expected revenue of $77.62 billion, according to LSEG. …

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Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance

Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance

A Chipotle in the Bronx in New York, April 23, 2025. Spencer Platt | Getty Images Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, although traffic to its restaurants fell for the fourth straight quarter. For 2026, the company is projecting flat same-store sales growth, signaling that the burrito…

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PepsiCo's drink sales are improving, and it's planning to cut snack prices

PepsiCo’s drink sales are improving, and it’s planning to cut snack prices

PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by improving organic sales across its business. Demand for the company’s snacks has been sluggish as consumers balk at higher prices. This year, Pepsi plans to lower prices on products like chips from its North American food division to “improve competitiveness and the purchase…

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Chinese agribusiness delegation signs MoUs | The Express Tribune

Agreements focus on technology transfer and B2B partnerships across farm value chain FAISALABAD: A delegation of Chinese agricultural experts and industry leaders has concluded a visit to the University of Agriculture Faisalabad (UAF), with the signing of several memorandums of understanding (MOUs) paving the way for enhanced technological collaboration and market integration between the two…

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