Jun. 10 at 1:17 PM
Corporate Updates:
United Natural (UNFI) reported strong Q3 earnings with adj. EPS of 44c (est. 22c) and net sales of
$8.06B (est.
$7.78B). Core & Main (CNM) Q1 net sales hit
$1.91B (est.
$1.84B) with EPS at 52c.
Blackstone plans a
$500B investment in Europe over the next decade, with Schwarzman expecting tariff issues to resolve in 6-9 months.
$MCD $YUM $CMG Analyst ratings include McDonald's (MCD) downgraded to Sell (
$260 target), Yum Brands (YUM) upgraded to Buy (
$177 target), and Chipotle (CMG) initiated as Hold (
$55 target).