Shares in cereal and snacks giant Kellogg rose today(1 November)after the Special K and Pringles owner reported better-than-expected third-quarter earnings. However,the US group still reported a slide in internal operating profit,which ...
Tags: Kellogg, cereal, snacks, Pringles, Third Quarter Result
American food and beverage company PepsiCo reported that its net income for the third quarter 2012 fell 5% to $1.9bn, compared to $2bn during the previous year, due to increased spending on advertising, higher commodity costs and negative ...
Tags: net income, commodity costs, foreign-exchange, revenue
Kosher food specialist G.Willi Food has said it will pursue acquisitions after seeing profits plunge in the first half of its fiscal year. Israel-based G.Willi's chairman,Zwi Williger,said on Wednesday(15 August)that the firm sees an ...
Tags: acquisitions, profits, G.Willi
A fall in the Brazilian real and a spike in soybean costs were key factors in the fall in half-year profits at Brasil Foods,the company has reported. Brasil Foods booked an 82%fall in first-half net profit to BRL160m(US$79.2m)for the six ...
Tags: soybean costs, net debt, profits
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
US cereal giant Kellogg has booked a drop in first-half profit as raw material prices and weakness in Europe weighed on earnings. Net profit in the six months to the end of June amounted to US$659m,a 7%decline on the prior-year ...
Tags: earnings, profit, raw material, prices
Associated British Foods has insisted it expects the performance of its grocery division to improve in the medium term as investments made to reduce its cost base begin to feed through to the bottom line. The company today(24 April)booked ...
Tags: investments, cost, EBITA
Stanley Black & Decker announced first quarter 2012 financial results. -- 1Q'12 Revenues Increased 12% To $2.7 Billion; Organic Revenues Up 3% -- 1Q'12 Diluted GAAP EPS, Including M&A Charges, Was $0.72 -- Excluding M&A Charges, 1Q'12 ...
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