Nestle has signaled an exit from the ice cream business, indicating it was seeking to sell its remaining business to joint venture partner Froneri. In its full-year earnings, Nestle suggested a refocus on four core categories of coffee, nutrition, pet care, and snacks and beverages (via CNN Business).

Ace Hardware notched both record fourth-quarter and full-year revenue, with fiscal 2025 coming in at $10 billion and Q4 at $2.5 billion. Net income, however, for both of those time frames fell versus year-prior levels (via Chain Store Age).

Toyota’s new C-HR is drawing mixed reviews from analysts, with critics suggesting it’s fun to drive but not as practical as hoped. Positives include AWD, 338 horsepower, and a unique but aggressive design — but range concerns, space issues, and overall practicality counterbalanced the good news (via Edmunds).

Etsy shares rose after news that it had sold Depop to eBay for $1.2 billion. Claiming a return to its core business, and having bought Depop just five years ago for ~$1.62 billion, Etsy recommitted to its fundamental product offering in statements offered (via CNBC).

Walmart delivered strong Q4 results, but Wall Street was seemingly unimpressed by guidance. U.S. comp sales (excluding fuel) improved by 4.6%, and global e-comm business soared by 24%. However, guidance of 3.5%-4.5% net growth and operating income growth of 6%-8% did little to impress Wall Street, with the bar being set high (via Axios).