Katherine Hamilton

New York

Real-Time News Reporter at The Wall Street Journal

Breaking corporate news reporter @WSJ. Reach me at [email protected]

Articles

KFC Owner Yum Brands Selects Finance Chief as Next CEO

1 week ago | wsj.com | Heather Haddon |Katherine Hamilton

Turner takes the helm of one of the world’s largest fast-food companies at a challenging time for the industry. Yum Brands YUM -1.43 %decrease; red down pointing triangle named Chief Financial Officer Chris Turner as its next chief executive. Turner will start on Oct. 1, about six years after joining the operator of KFC, Taco Bell and Pizza Hut.
Children’s Place Sales Fall As Macro Uncertainty Deters Customers

2 weeks ago | wsj.com | Katherine Hamilton

Children’s Place PLCE 4.10%increase; green up pointing triangle posted lower first-quarter sales as customers drew back from shopping amid tariff-related uncertainty. The kid’s clothing retailer on Friday posted a loss of $34 million, or $1.57 a share, in the quarter ended in May, compared with a loss of $37.8 million, or $2.98 a share, a year earlier. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Petco Same-Store Sales Miss Expectations Amid Sluggish Turnaround Efforts

3 weeks ago | wsj.com | Katherine Hamilton

Same store sales decreased 1.3%, compared with an expected 0.6% declineThe pet-products retailer said Thursday same-store sales declined 1.3%, compared with a 0.6% decline estimated by Wall Street. The drop was driven by fewer transactions despite Petco’s efforts to boost foot traffic in its stores, management said. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Omada Health IPO to Price at $19 a Share as GLP-1s Fuel Interest

3 weeks ago | wsj.com | Katherine Hamilton

To start trading publicly after 14 years of providing support to patients with weight-related chronic illnessesOmada Health is making its public-market debut, propelled by Americans’ renewed focus on how weight affects physical health. The virtual healthcare platform on Friday will start trading publicly after 14 years of providing support to patients with weight-related chronic illnesses.
Petco Same-Store Sales Miss Expectations Amid Sluggish Turnaround Efforts

3 weeks ago | wsj.com | Katherine Hamilton

The miss comes as Chief Executive Joel Anderson, who started last summer, aims to steer the company back to profitability. He wants to improve merchandise and capitalize on growth opportunities like in-store grooming and veterinarian services. Anderson told analysts on a call the fruits of his labor aren’t yet visible in Petco’s finances. “From your guys’ perspective on the outside, you would say we haven’t even started. You haven’t seen it,” he said.
Broadcom Sales Climb on Booming AI Demand

3 weeks ago | wsj.com | Katherine Hamilton

Maker of semiconductors and software posted higher profit and sales as artificial intelligence demand continues to drive revenue growthThe maker of semiconductors and software on Thursday posted a profit of $4.97 billion, or $1.03 a share, in the quarter ended May 5, compared with $2.12 billion, or 44 cents a share, a year earlier. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Government Contractors Temper Outlooks

3 weeks ago | wsj.com | Katherine Hamilton

Government contractors are having a hard time forecasting their business as the Trump administration reexamines which companies it spends its money on. Analysts say the process of signing and renewing contracts has slowed because of Department of Government Efficiency reviews and a planned reorganization of the State Department, casting doubt on contractors’ financial futures.
Five Below Profit, Sales Rise Amid New Store Expansion

3 weeks ago | wsj.com | Katherine Hamilton

Same-store sales increased 7.1%, beating the 6.7% forecastThe low-cost retailer on Wednesday posted a profit of $41.1 million, or 75 cents a share, in the quarter ended in May, compared with $31.5 million, or 57 cents a share, a year earlier. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
CrowdStrike Swings to Loss as Outage Expenses Persist

3 weeks ago | wsj.com | Katherine Hamilton

CrowdStrike CRWD 2.00%increase; green up pointing triangle swung to a loss in the fiscal first quarter as the costs of its outage last summer continue to weigh on results. The cybersecurity company on Tuesday posted a loss of $110.2 million, or 44 cents a share, in the quarter ended April 30, compared with a profit of $42.8 million, or 17 cents a share, a year earlier. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Disney Lays Off Hundreds of Employees Across Multiple Divisions

3 weeks ago | wsj.com | Katherine Hamilton

Cuts spanned multiple divisions, including marketing for film and television, TV publicity, casting and development, and corporate financial operationsWalt Disney Co. DIS -0.08%decrease; red down pointing triangle is laying off several hundred people globally across multiple divisions, including marketing for film and television, TV publicity, casting and development, and corporate financial operations, the entertainment conglomerate said Monday. No entire teams were cut.