Rigid packaging manufacturer Silgan Holdings has acquired all the assets of US-based metal container manufacturers Van Can Company for about $40m. The transaction included the sale of two metal container manufacturing facilities. While ...
General Mills is planning to halt operations at its cereal plant and yogurt factory in the US, a move that would cut down the company's workforce by 600. The move is in line with the company's previously announced strategy to save $100m ...
Tags: General Mills, cereals
United Natural Foods reported fourth-quarter (Q4) net income of $33.4m, as against $32m in the corresponding period a year ago. Revenues for the quarter were up 7.4% at $1.76bn compared with $1.64bn in the prior year. Gross margin was ...
Tags: Agriculture, Food, Natural Foods
Kumho Tire Co. posted net profit of 52.6 billion won on net sales of 895 billion won for the second quarter ended June 30, 2014. That compares to income of 50.8 billion won on sales of 1 trillion won for the second quarter of fiscal 2013. ...
Tags: Auto Parts, Accessories
Packaged food company General Mills has reported first-quarter net earnings attributable to the company of $345.2m, compared to $459.3m in the previous year same period. For the 13 weeks ended 24 August 2014, net sales declined 2% to ...
Tags: Packaged food, Agriculture, Food
Acquisition of Tony Hawk brand acquisition and continued global organic growth of the Cherokee brand led Cherokee Global Brands, a global marketer of lifestyle brands to post a 17% and 16% in net sales and net income, respectively for the ...
Tags: Global Organic Growth, Sales, Apparel
Sportsman's Warehouse Holdings, Inc. reported net sales increased by 2.3 percent to $159.5 million from $155.9 million in the second quarter and 13 weeks ended Aug. 2, compared with the second quarter of fiscal 2013. Same store sales ...
Tags: Sportsman's Warehouse, IPO
Driven by acquisition of Jos. A. Bank and also rise in retail segment sales, clothing marketer Men's Wearhouse said it reported a 24% revenue hike in the second quarter ended August 2, 2014. Total net sales increased 24.1% or $155.8 ...
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
NYSE-listed apparel retailer, Oxford Industries, Inc. reported rise in net sales of 5% to reach $246.2 million in second fiscal quarter ended August 2, 2014, compared to $235.0 million in the second fiscal quarter of 2013. On an adjusted ...
Adjusted EBITDA zoomed 23.8% year-on-year at off-price retailer of high-quality branded apparel and NYSE-listed Burlington Stores, Inc. in the second quarter ended August 2, 2014. Burlington Stores said its adjusted EBITDA increased 23.8% ...
Tags: Apparel, Apparel Retail, Apparel Economy
Net loss climbed nearly 27% from a year earlier at Hancock Fabrics, Inc., a retailer of fabrics, sewing materials, etc, in its second fiscal quarter ended July 26, 2014. Hancock reported a net loss of $3.3 million, or negative $0.16 per ...
Tags: Textile, Fabric, Hancock Fabric
In its fiscal year ending July 5, 2014 Bebe stores, a retailer of women’s apparel was able to reduce its losses by $9.7 million or 14.1%, when compared with the previous fiscal year ending July 6, 2013. Net loss from continuing ...
Tags: Bebe, finished goods, women's apparel
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Led by a surge in net income, diluted EPS skyrocketed 62.5% year-on-year at Zumiez Inc, a retailer of action sports related apparel, footwear and accessories for the second fiscal quarter ended August 2, 2014. Net income in the second ...
Tags: Apparel, Accessories