Nike
Nike raised prices in 2021 and continued to benefit from those hikes. In September 2021, Nike told investors it was taking advantage of the strong market by raising prices Nike CFO: “We delivered...
Macy’s
Macy’s CFO said the company’s margins increased thanks to a 10% increase in the full price Average Unit Retail for Macy’s brand. “Adrian Mitchell -- Chief Financial Officer: Merchandise margin...
Kohl’s
Kohl’s said as national brands were raising prices, they could raise prices on top Kohl’s CFO: “We do have a great pricing elasticity model. So we do leverage that to make our pricing decisio...
Best Buy
Best Buy reported billions in buybacks while hiking prices on appliances Best Buy’s CFO said the company “flowed” the increased prices of appliances onto the consumers. “Matt Bilunas,...
3M
3M outperformed expectations after price increases & saw profits decrease by less than expected after hiking prices on its products 3M saw flat sales and a 4.7% drop in profit in Q4 2021, a bet...
Lowes
Lowes told analysts the company had changed its pricing strategy to be “competitive” rather than offering promotions Lowe’s CFO said that their product margins had improved “as we leveraged...
EOG Resources
EOG’s President: “So our exploration program isn't focused on adding more…Sustaining and growing the regular dividend remains our highest priority and reflects our confidence in the long-term pe...
Driven Brands
Driven Brand’s CEO boasted that “Our supply chain capabilities that keep us in stock and allow us to take share and price when others cannot.” “Jonathan Fitzpatrick -- President and Chief Exec...
PPG
PPG’s CEO told analysts “we have continued to improve our pricing realization in both pace and cadence…Our price capture this cycle is much faster.” “Michael McGarry -- Chairman and Chief Ex...
Nestle
Nestle credited price increases for boosting sales numbers Nestle’s CEO credited sales growth in Q1 to “increased pricing.” “Mark Schnieder, CEO: Thank you, Luca. And a warm welcome to our ...
Occidental Petroleum
Occidental Petroleum said it would use high oil prices to send more money to investors rather than grow production Occidental Petroleum’s CEO: “If oil prices remain supportive this year, ...
McDonalds
McDonalds credited sales growth to menu price hikes that it worked to implement with franchisees Net sales rose 13% to $6.01 billion thanks to “menu price hikes.” “Net sales rose 13% to $6.01...
