US food group Michael Foods has booked an increase in third-quarter profits on the back of higher sales and lower finance costs. The company, which manufactures a range of egg lines, refrigerated potato items and dairy products, posted ...
Tags: Michael Foods, third-quarter profits, higher sales, lower finance costs
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
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
Canadian retailer Sobeys has booked an increase in full-year profits. In the 12 months ended 5 May, net profit was up 2.3% to C$304.1m (US$296.6m). Adjusting for the additional week of operations at Sobeys in fiscal 2011, net earnings ...
Tags: Sobeys, increase profits, net earnings
A fall in second-quarter earnings has failed to stop employee-owned US retailer Publix from reporting half-year profits. Publix, which operates 1,055 stores in the south of the US, said today (1 August) its net earnings dipped 0.2% in the ...
In its quarterly report for the period ending September 1,2012,Apogee Enterprises reported that net sales from continuing operations for its architectural segment were$156 million,a 4.8-percent increase compared to$149 million for the same ...
Tags: report, architectural, income, increase
US retailer Publix has recorded an increase in earnings in the third quarter of the year. Net earnings in the three month period reached US$368.4m, an 18.1% increase on the prior year period. Comparable-store sales increased 2.5%, the ...
Canadian food manufacturer Maple Leaf Foods has booked a drop in first-half profits. In the six months to the end of June, net earnings amounted to C$33.3m (US$33.2m), a 5.2% decline on the prior year. Adjusted operating earnings, ...
Tags: profits, food manufacturer, food, net earnings
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
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
Canadian retailer Metro Inc has today (9 August) posted a rise in third-quarter net profits on the back of increased sales. Net earnings for the quarter ending 30 June increased 13.6% to C$144.4m (US$225.6m). EBITDA climbed 10.3% to ...
Tags: Profit, Net earnings, Metro, net profits
Audience has been supplying chips to Apple since 2008 Mobile technology firm Audience has said that Apple may not use its technology for the latest iPhone, which is anticipated to be launched next week. Audience provides chips for ...
Tags: iPhone5, Apple, chips, technology
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
US canned foods firm Seneca Foods has reported an increase in half-year sales, with price hikes offsetting a fall in volumes. Seneca, which owns the Libby's and Stokely's brands, yesterday (25 October) booked a 1.5% increase in net sales ...
Tags: canned foods, Libby's and Stokely's brands, licencing deal
US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...