US retailer Kroger has increased its full-year profit forecast after reporting a rise in third-quarter earnings. In the three-month period ended 3 November, earnings climbed to US$316.5m from $195.9m a year earlier, which included a ...
Tags: Kroger, profit, earnings rise, profit forecast
Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...
Tags: copper price, China's economic growth, world's economy
Dutch dairy giant FrieslandCampina has booked an increase in first-half profits as sales increased despite tough conditions in Europe. Earnings in the six months to the end of June amounted to EUR138m (US$218.8m), an 8.7% increase on ...
Tags: FrieslandCampina, profits climb, earnings
UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time. The company booked profit after tax of GBP4.9m for the year to the ...
Tags: Finsbury Food Group, pension scheme, share option charges
UK consumer goods group Reckitt Benckiser has recorded an increase in profits from its foods division in the first half of the year. In the six months to the end of June, the owner of French's mustard brand booked a 6.1% increase in ...
Tags: Reckitt Benckiser, foods division, food earnings climb
Unilever's shares were up 3% this morning (25 October) despite food sales volumes falling in the third quarter as its spreads brands suffered from high pricing in key markets. Unilever, which owns food brands including Knorr stock cubes ...
Tags: food volumes slide, Unilever, high pricing
Russian retailer Magnit saw its underlying sales accelerate in the third quarter of the year. Magnit reported a 7.1% increase in like-for-like sales for the three months to the end of September. Traffic and the average ticket were both ...
Tags: Russian retailer Magnit, underlying sales, third quarter
South African retailer Shoprite Holdings has recorded an increase in full-year sales and profits, despite trading in what it says is a "highly competitive" trading environment. The company increased sales in the six months to the end ...
Russian retailer O'Key has recorded an increase in half-year profits on the back of higher sales. Earnings in the six months to the end of June climbed 36% to RUR1.47bn (US$45.5m), the group reported today (30 August). EBITDA amounted to ...
Tags: O'Key, retailer, half-year profits, higher sales, selling space
Over the past few years much has been said about the amazing economic and industrial growth achieved by China.Let's be honest,China's growth has been absolutely remarkable and is the envy of the world.In 2010 China became the world's ...
Tags: China, Remarkable, Growth, Clay
Poundland, the UK-based single price value retailer, has booked an increase in full-year profits as value-conscious shoppers continued to visit its stores. In the 53 weeks ended 1 April, EBTIDA climbed 26.5% to GBP40.1m (US$62.9m), while ...
Tags: profits, retailer, Pound land, Turnover
French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
Expansion into Russia and store openings hit Finland-based retailer Kesko's food profit in the first nine months of the year. Operating profit excluding non-recurring items from its food arm were down 7.6% to EUR123.4m (US$160.5m) in the ...
Tags: retailer, food profit, food, Operating profit
US grocer The Fresh Market has upped its full-year profit forecast after an increase in first-half earnings. The retailer raised its full-year outlook to earnings of $1.33 to $1.38 per share with 5.5% to 6.5% same-store sales growth. That ...
Tags: profit forecast, grocer, Operating income, profit, earnings
Parmalat has confirmed its full-year growth targets after booking an increase in first-half profits. The Italian dairy group, in which Lactalis owns a majority stake, recorded earnings of EUR82.5m (US$101.6m) in the six months to end of ...