Spanish discount retailer Dia has recorded an increase in first-half profit, boosted by a "good business performance" in Iberia, Argentina and Brazil. Net earnings in the six-month period amounted to EUR61.7m (US$75.8m), an 18.5% increase ...
Tags: Net profits, Sales increase, net sales
US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
Singapore-based consumer and B2B chocolate and cocoa group Petra Foods has booked an increase in half-year profits despite lower sales. A strong performance from Petra Foods' consumer brands offset a fall in sales and earnings from cocoa ...
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
US regional retailer Spartan Stores today (1 August) reported pressure on first-quarter profits, citing "challenging" trading conditions. Spartan posted net earnings of US$6m for the 12 weeks to 23 June, matching the result in last year's ...
US egg firm Cal-Maine Foods has booked an increase in full-year profits as gains from a new venture in the speciality egg market more than offset higher costs from its fresh shell eggs. In the 12 months ended 2 June, net profit climbed ...
Tags: egg Foods, egg market, fresh shell eggs, eggs
US food group Campbell Soup Co. has recorded a drop in first-quarter earnings as costs related to its acquisition of Bolthouse Farms hit profits. In the three months to 28 October, net earnings amounted to US$265m, an 8% drop on last ...
Tags: Campbell Soup Co., Q1, Earnings
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
Arthur J Gallagher & Co has posted a 72% increase in its second quarter of 2012 net earnings, which were $71.7m or $0.59 per share, compared to $41.7m or $0.37 per share in the prior year quarter, backed by robust performance of brokerage ...
Tags: Arthur J Gallagher, net earnings, risk-management, net income
B&G Foods,a US-based manufacturer,seller and marketer of shelf-stable foods,has reported 15.9%increase in net sales to$154.2m for the third quarter ended 29 September 2012,compared to$133m for the same period in 2011. The company said ...
Tags: net sales, net income, acquisition, sales trend
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 ...
Brazilian food company BRF Brasil Foods has reported that its net revenues increased by 14.3% to BRL7.2bn ($3.4bn) for the third quarter of 2012, compared to BRL6.2bn ($2.9bn) for the same period in 2011. The company posted net earnings ...
Tags: net revenues, net earnings, sales volume
TreeHouse Foods,a US-based food manufacturer,has reported that its net income decreased by 29%to$21.5m for the third quarter ended 30 September 2012,compared to$30.3m for the same period in 2011. The company reported earnings of$0.58 per ...
Tags: net income, earnings, net sales
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire