Brussels, Belgium-based D'Ieteren, owner of the Belron® Group and Belron's U.S. subsidiary, Safelite Group, has revised its "Guidance for 2012 and 2013," reporting it anticipates declines in the coming year. In addition to owning Belron ...
Tags: Brussels, Safelite Group, car rental services, car
Mike Lynch, the founder and former CEO of Autonomy, has defended himself against claims by HP CEO Meg Whitman that Autonomy had engaged in accounting practices that painted a misleading picture of Autonomy's business. HP bought Autonomy ...
Tags: Autonomy, HP, accounting irregularities, bought
US retailer Natural Grocers by Vitamin Cottage has said it expects to open 11 stores in the next 12 months. The Colorado-based firm, which listed in New York in July, had 59 outlets selling natural and organic groceries across 12 states ...
Tags: Natural Grocers, Vitamin Cottage, food store, food industry
Canadian food manufacturer and grocer George Weston has recorded a decline in first-half profits thanks to costs from retail division Loblaw. In the six months ended 16 June, net profit dropped 7.1% to C$367m (US$366.4m) as higher costs ...
Tags: Net profit, Operating profit, Net sales
Convenience food group Greencore saw its share price climb nearly 4% this morning (27 November) after booking an increase in full-year profits Net profit soared 79.8% to GBP35.6m (US$57m) on the back of its acquisition of Marks and ...
Tags: Convenience food group, Greencore, share price, net profit
Swiss chocolate maker Barry Callebaut has reaffirmed its mid-term guidance, depsite booking a drop in full-year profit. In the 12 months to the end of August, the company reported a net profit of CHF142.6m (US$151.7m), down from CHF178.6m ...
Tags: chocolate maker, chocolate, gourmet business, chocolate products
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
Swiss bakery group Aryzta has reported a 0.9% increase in underlying quarterly sales from its food division amid "very challenging" economic conditions in Europe. The 0.9% rise was the underlying revenue growth from Arytza's "food group" ...
Tags: bakery group, Aryzta, sales, growth, Q1
Robust, single-minded and colourful were three words that sprung to mind asCarrefour CEO Georges Plassat discussed his plans for the French retail giant yesterday (30 August). However, some investors would like a little less gloss and a lot ...
US-based Hormel Foods has reported that its net earnings for the third quarter ended 29 July 2012 increased 13% to $111.2m, compared to $98.5m in 2011, due to strong performance of its grocery products unit. Sales for the quarter ...
Skyworks Solutions Inc of Woburn, MA, USA, which manufactures high-reliability analog and mixed-signal semiconductors, has reported its fiscal fourth-quarter and full-year results for the period ending 28 September 2012. Revenue for the ...
Tags: Skyworks, analog semiconductors, mixed-signal semiconductors
Tesco is "likely" to quit the US, CEO Philip Clarke admitted today (5 December), after the UK's largest retailer confirmed it is reviewing its options for its Fresh & Easy business in the country. Clarke said Tesco was "considering all ...
Tags: Tesco, quit, hit hard, unprecedented crisis
Debenhams announced the launch of its multi-million pound Christmas TV advert – the retailer’s first since 2006. The announcement falls against a backdrop of strong full year results from Debenhams, including an increase in ...
Tags: Christmas campaign, Debenhams, Christmas TV advert, online sales
Ted Baker releases interim results for the 28 weeks ended 11 August 2012. • Retail sales up 15.4% on a 12.6% increase in average retail square footage - UK and European retail sales up 7.9% to £74.7m - US retail sales ...
Tags: Ted Baker, interim results, retail, E-commerce sales
The global packaging giant posted its results for the year ended 30 June 2012 this morning (21 August). It said that it had achieved record profit after tax of $634.9m, up 11.3%, compared to the same period last year. It also announced ...
Tags: Amcor, profit, packaging, company profit