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
According to a report of All Pakistan Cement Manufacturers Association, the News reported that Pakistan cement sales have depicted a growth of 3% on YoY basis to 13.12 million tonnes during the first 5 months of the current fiscal year. ...
Tags: Cement, Cement prices, local sales
According to the statistics released by the Turkish Automotive Distributors Association, in the first 11 months of this year the domestic passenger car and light vehicle market shrank by 10.1% compared to the same period last year with ...
Tags: passenger car, light vehicle, vehicle sales
Brazilian retailer CBD has booked a 7% increase in quarterly same-store sales thanks to its food and non-food outlets. CBD, Brazil's largest retailer, reported a 7.1% in gross same-store sales for the third quarter of the year. The ...
Mars Inc's Wrigley is to relaunch its Skittles confectionery brand in the UK in the New Year with a range re-design and an extra product. The GBP5m relaunch will see the company launch a Skittles Confused variant, whereby the colour of ...
Tags: Mars Inc, new product, Skittles, food industry
US speciality food group Inventure Foods has attributed its third-quarter profits to rising sales of its frozen natural and health food products. Net income in the three months to 29 September increased to US$1.7m, compared a loss of ...
Tags: Frozen sales, Inventure Q3 gains, natural and health food
Russian retailer O'Key said today (10 July) that second-quarter sales grew by almost one-quarter, driven by increased selling space. The firm said that second-quarter sales rose by 23.5% to RUB27.2bn (US$824.4m). Gains were propelled by ...
Tags: Retailer, O'Key, sales grew, increased selling space
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Nestle has added a limited edition white chocolate variant to its Kit Kat Chunky brand in the UK. Available from 17 September, Kit Kat Chunky White is being launched as a result of a campaign by the confectioner for consumers to choose ...
Tags: Nestle, white Kit Kat, white chocolate, white chocolate bar
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
South African retailer Massmart has booked an increase in annual profits on the back of improved sales. The company, in which Wal-Mart Stores owns a majority stake, yesterday (22 August) filed an 8.9% increase in underlying headline ...
Tags: WalMart Stores, annual profits, Operating profit, food retail
Emirates Glass LLC(EGL),one of the region's leading processors of premium architectural flat glass products and a subsidiary of Glass LLC,wholly owned by Dubai Investments(DI),reported a 50%increase in sales up to the third quarter of ...
German car maker Audi has reported a 10.9%rise in its November 2012 sales to 123,600 vehicles,compared to 111,431 units sold for the same period in 2011. From January to November,the company's sales grew 12.7%to 1,344,750 cars,compared to ...
In the first quarter of 2012, PPR posted €3.3 billion in revenue from continuing operations, up 7.9% on a comparable basis and 15.4% on a reported basis versus first quarter 2011. This strong start to the year was powered by the ...
Tags: Alexander McQueen, Brioni, CEO PPR, Francois-Henri Pinault
Shares in UK meat processor Cranswick were up this morning (26 November) after the company said talks to secure price increases to offset higher costs were "progressing well". An increase in feed costs and upcoming EU legislation on ...
Tags: meat processor, feed costs, animal welfare