“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
Overall shop prices reported deflation for the 20th consecutive month, decelerating to 1.7% in December, after reporting deflation of 1.9% in November, according to the latest BRC-Nielsen Shop Price Index. On a 12-month average basis, the ...
Tags: input costs, Shop Price Index, Furniture
Apparel marketer and NYSE listed Ennis, Inc reported a 7.6 per cent year on year hike in sales for the three months ended November 30, 2014. Third quarter of 2014 sales totaled $147.0 million, up 7.6 per cent from a year earlier quarter. ...
Tags: pricing pressures, apparel division, Apparel
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel
Kraft Foods Group has reported a decline in profit for the third quarter, owing to higher commodity costs that offset a marginal climb in sales, with weak operating margins pronounced at the cheese, and meals and desserts segments. The ...
Tags: Kraft Foods, cheese, Food
Adidas AG reported third-quarter profits slid 11 percent due to negative currency effects and a continuing slide at its golf division. Currency-neutral (c-n) sales increased 9 percent. In currency-neutral (c-n) terms, sales increased 9 ...
Tags: Adidas, Sporting Goods
Avery Dennison, a producer and marketer of apparel labels said its profits in the third quarter ending September 30, 2014 climbed 38 percent year-on-year. Avery Dennison's third-quarter of 2014 profit rose to $64.3 million or $0.68 per ...
Tags: Avery Dennison, apparel labels
While this decline was spread across all three market sectors — light metal packaging, steel drums and similar containers, and other containers (of a capacity exceeding 300 litres — it was most substantial in the light metal ...
Tags: Metal Packaging, Falling Demand
Armstrong World Industries has released its second quarter results. Second Quarter Results from Continuing Operations Consolidated net sales increased slightly to $710.0 million compared to $706.6 in 2013 driven by favorable price and ...
Tags: Armstrong, Report, Construction
Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of the current year. Accordingly, in the second quarter Severstal registered a net loss of $661 million, compared to a net loss of ...
Tags: Russian steelmaker Severstal, announce, financial results
Viscose Staple Fibre (VSF) volume rose to 86,389 tons, up 11 percent at Grasim Ltd; a company of Kumaramangalam Birla-led Aditya Birla Group in the first fiscal quarter ending June 30, 2014. However higher input cost impaired the margins ...
Tags: Textile
Goodyear Tire & Rubber Co.'s reported second-quarter earnings per share was 80 cents. That was both good and not so good, at least according to industry analyst Nick Mitchell. The adjusted EPS topped the consensus of 79 cents a share. ...
Tags: Goodyear, Auto Parts, Tire, Tyre
Airline profit expectations for the year ahead are positive even though recent improvements in financial performance have paused, according to IATA's quarterly survey of airline CFO and heads of cargo in July. Recent past financial ...
Tags: Service, Airline Service
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of ...
Tags: Adidas, First-Quarter Profit