Jerónimo Martins maintains a Buy rating with a price target range of €19.40 to €22.81, reflecting a potential upside of 4.8% to 23.3%. The company's Q3 FY26 results show resilience despite macroeconomic challenges in Poland such as food deflation, slower wage growth, and political risks. Ara, a growth segment, delivered a significant 37.9% sales increase, while Biedronka experienced weak like-for-like sales but improved volume and margins. All business units reported higher EBITDA margins year-over-year, and the company's balance sheet remains strong with net debt around 0.7 times EBITDA, supporting confidence in its financial health and growth prospects.
Jerónimo Martins is the subject of this update, with Pluang providing sector-level market context for Consumer Staples. For readers following Consumer Staples, here is Pluang's market snapshot as of Nov 04, 2026 13:11 WIB: Out of 63 priced US stocks, 18 rose and 43 fell. Notable movers include HLF at USD 14.29 (+7.44%), DEO at USD 93.31 (-4.42%), and USFD at USD 101.61 (-3.96%).
Sampo Oyj has canceled 37,827,020 of its own A-shares as per the board's decision, with the cancellation registered today. These shares were acquired through a buyback program announced on May 6, 2026, and repurchased between May 7 and September 24, ...
Solvay's Q3 2026 underlying net sales fell 3.3% organically to €1,031 million, impacted by the Middle East conflict and weak soda ash markets. EBITDA dropped 26.6% organically to €173 million, partly due to a €25 million impact from the conflict and ...
STMicroelectronics announced a unified STM32 microcontroller platform that spans industrial, automotive, and robotics applications, enabling developers to reuse architectures, software, and tools across these sectors. The new STM32A family extends th...
dsm-firmenich announced a strong Q3 2026 trading update with 5% like-for-like sales growth and an improved Adjusted EBITDA margin of 20.4%. The company’s performance was driven by volume growth across its three business units: Perfumery & Beauty, Tas...
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net withdrawals totaling $1.16 billion over three trading days through November 3, continuing a losing streak despite a slowdown in daily outflows. The withdrawals are seen as a short-term re...
