Stock Movers Delta Beat; Pepsi Miss; Ferrari Slumps
Oct 9, 2025
Delta soared on strong earnings thanks to a resurgence in both leisure and corporate travel, anticipating solid demand ahead. Meanwhile, despite a dip in snack sales, PepsiCo showed modest growth in its beverage sector. Costco impressed with stronger-than-expected sales, driven by increased shopper activity. In contrast, Ferrari faced a steep drop in shares after a cautious investor outlook, leading to concerns about its future performance and electric vehicle plans.
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Air Travel Demand Remains Robust
- Delta reported stronger-than-expected Q3 results driven by leisure and premium travelers.
- Management expects about $6 of full-year EPS and sees demand staying strong into next year.
Beverage Shift Powers PepsiCo
- PepsiCo saw a beverage turnaround in North America led by healthier sodas and small-format offerings.
- Organic revenue growth missed estimates, but beverage growth and new products lifted the stock in premarket trading.
Costco Foot Traffic Drives Sales Beat
- Costco reported impressive September comparable sales, beating estimates with an 8% year-on-year rise.
- Strong foot traffic and higher spend per customer supported the beat and pushed the stock higher premarket.