Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry
Whole Foods Market raised its full-year sales and profit forecast after booking a 32% increase in third-quarter earnings. The US natural and organic retailer said net income rose to US$116.85m from $88.47m last year in the 12 weeks to 1 ...
Tags: whole foods market, US food market, earnings, food industry
Australian grocery retailer Coles has booked a jump in full-year sales despite a highly competitive retail environment and food price deflation. Wesfermers, the coal-to-grocery conglomerate that owns Coles, revealed today (26 July) that ...
Tags: grocery retailer, retail environment, deflationary environment
US meat giant Tyson Foods has booked a drop in full-year profits as the company battled increasing grain and feed ingredients costs. In the 12 months ended 1 October, net profit slumped to US$576m from $733m in the prior year, the ...
Tags: Tyson Foods, full year profit, meat industry, food industry
US natural and organic food group Annie's has booked an increase in second-quarter income, which was boosted by a 20% increase in sales during the period. Annie's reported adjusted net income, which strips out the impact of a share ...
Tags: natural food, organic food, food
Woolworths Ltd today (23 July) revealed it was able to grow its full-year sales, despite the Australian retailer's supermarkets reporting falling prices. In an announcement to the Australian stock exchange, Woolworths said sales rose by ...
Tags: Woolworths Ltd, retail, supermarket, falling price
Corning Incorporated (NYSE: GLW) Senior Vice President and Corporate Controller Tony Tripeny will update investors at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz., today (3p.m. MST) on the company's fourth-quarter ...
Tags: LCD glass, LCD televisions, consumer electronics devices, LCD TV
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant
Sales in Staples' international operations for the third quarter were down 12 per cent to US$1.1 billion, reflecting weak sales in Europe and Australia. Economic weakness drove declines in the company's European delivery businesses, as ...
Indonesia’s largest-glass producer Asahimas Flat Glass, a subsidiary of Japan-based Asahi Glass, could increase its capital expenditure by 20 percent next year in anticipation of an increased demand for glass. Rusli Pranadi, ...
Tags: market view, glass
J&J Snack Foods has booked an increase in full-year sales and earnings, as its top- and bottom-line benefited from the growth of core products including soft pretzels and churros. In the 12 months to 29 September, sales increased 12% to ...
Tags: J&J Snack Foods, snack, increase earnings, food, soft pretzels, churros
Heavy equipment makers are pinning their hopes on a stimulus fuelled rebound in China in 2013, after suffering another bruising quarter as the global economy slowed faster than expected with little respite seen before the end of the year. ...
China-focused infant formula firm Synutra International has cut its full-year sales and profits guidance following a weaker-than-expected first quarter. For the three months to the end of June, Synutra saw net sales rise by 22.5% to ...
Weak markets and delays mean full-year sales are now expected to be nearly 10%lower than previous estimate. Stock slippage Thermal imaging giant FLIR Systems has issued a profit warning for its fiscal year 2012,blaming weak ...
Tags: FLIR Systems, Profit Warning, Market
Staples said that during the first quarter of 2012 the company recorded US$28 million of pre-tax expenses primarily related to head count reductions in North America, Europe and Australia, as well as the settlement of a contractual dispute ...
Tags: office supplies, deleverage, acquisition