Nintendo maintained its forecast of moving 19 million Switch 2 consoles by the end of 2026. Further, concerning its fiscal Q3 ended Dec. 31, it delivered net profit of 159.93 billion yen against 147.3 billion yen anticipated, with revenue shooting up 86% YoY and profit up 24% (via CNBC).

China is moving to ban hidden door handles on vehicles over safety concerns. Tesla was notably one of the first automakers to introduce the feature, though Chinese EV automakers such as Xiaomi and Aion have also incorporated the feature (via CNN).

Disney will have a new CEO as of March 18, as Josh D’Amaro (currently serving as chairman of Disney Experiences) takes the position over from Bob Iger. Iger will stay on as a board member and senior advisor until the end of 2026 (via CNBC).

PepsiCo delivered wins on both the EPS and revenue fronts, registering $2.26 EPS adjusted versus $2.24 expected and $29.34 billion in revenue against $28.97 anticipated for the fourth quarter. The company is planning price cuts to some of its most popular snacks, including Doritos and Tostitos (via CNBC).

Costco will now be offering same-day delivery to customers in France and Spain as part of a broader European expansion. “Online ordering and delivery gives members in France and Spain greater flexibility in how they shop Costco’s assortment and build on the services we already offer,” said Pierre Riel, EVP, Costco Wholesale International Division (via Retail Touchpoints).