Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
Russian retailer Dixy has booked an increase in profit in the third quarter of the year. Earnings in the three months to the end of September amounted to US$8.7m, a 7.2% increase on the prior year period. Operating profit climbed 1.4% ...
Tags: Net profit, Operating profit, Net sales
US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
Dutch food group CSM reported a decline in third-quarter profits today (25 October) as one-off costs hit earnings. In the three months to the end of September, EBITA fell to EUR20.9m (US$27.1m) from EUR28.3m a year earlier. One-off ...
The Russian steel giant Severstal released its financial report for the third quarter of this year recently. The firm's operating profits and net profits both declined in the third quarter due to dropped selling prices. In the ...
Metro Group reported lower third-quarter profits but its shares climbed after the German retail giant stuck to its forecast for annual earnings, which it had cut earlier this month. The company booked net income of EUR125m for the three ...
Tags: Metro, third-quarter profits, lower, consumer confidence
Taiwan's LED makers have made good marks in sales for the third-quarter peak season. I Chiun Precision Industry Co., claimed that its Q3 profits were up an astounding 350% from its total for the first half of 2012. I Chiun Precision ...
Tags: LED TV
US confectioner Hershey has raised its full-year profit outlook despite reporting a 10% drop in third-quarter earnings. In the three months to the end of September, net profit slumped 79.8% to US$176.7m, while EBIT fell 6% to $301.7m. ...
Tags: confectioner, Hershey, raised profit outlook, net profit, slumped
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks