The retail arm of Reliance Industries Limited (RIL), Reliance Retail is growing at a high speed. This year, it has already crossed revenues of Rs 10,800 crore and achieved a break-even with an EBITA of Rs 78 crore. It is an achievement for ...
Monro Muffler Brake Inc. reported net income of $13.6 million on net sales of $206.2 million for its first quarter ended June 29, 2013. That compares to net income of $11.6 million on sales of $169.2 million for the prior year’s first ...
Tags: Monro Muffler Brake, Curry's
Premier Foods will continue to develop its Power Brands and deliver a further £10M of cost savings this year, according to a statement accompanying its half-year results posted today (July 23). Gavin Darby, chief executive officer, ...
Tags: Premier Foods, Agriculture
The SGS Group delivered a resilient first semester revenue growth of 7.2% (constant currency basis) to CHF 2.9 billion despite challenging market conditions for some of the Group’s business sectors and the winding down of Life Science ...
Tags: SGS, market conditions
The largest U.S. full-line sporting goods retailer with an estimated 8.5% market share from nearly $6 billion in FY12 revenues and a five-year CAGR of 8% on sales, has four clear goals—reaching a double-digit operating margin; ...
Tags: sporting goods, Citigroup
Worldwide semiconductor revenues decreased by 2.2 percent year over year to $295 billion in 2012, according to the latest version of the International Data Corporation (IDC) Semiconductor Application Forecaster (SAF). The industry witnessed ...
Tags: Semiconductor, Revenue Growth, 2013
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire the branded and private label cereal, granola and snacks business of Hearthside Food Solutions in an all-cash deal worth $158m. Hearthside Food Solutions is a ...
Tags: Post Foods, Food Solutions
Case goods manufacturer and importer Stanley Furniture said its first quarter sales were 2.7% below last year's first quarter and the company's net loss widened to $2.09 million. Sales, however, were 11.4% ahead of the fourth quarter of ...
Tags: Stanley Furniture, Furnishing
Fueled by acquisitions and new store openings, bedding retailer Mattress Firm recorded a 37% sales increase in the fourth quarter and saw sales top the $1 billion mark in the fiscal year that ended Jan. 29. The fiscal year sales of $1.007 ...
Tags: Mattress Firm, Daily Use
CBR caught up with Jive CEO, Tony Zingale, to discuss why social business software will go mainstream in 2013. What are the main differences between social tools and social business software? The main difference is social business ...
A selection of quotes from this year's Consumer Analyst Group of New York conference. "While this might not be where we want to be longer term, we believe it is a step in the right direction. We are innovating" - Andy Jones, VP of ...
Tags: infant nutrition, peanuts, nut butter
Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
Oracle may have had its hands full lately dealing with Java security issues, but the company's acquisition of Java founder Sun Microsystems three years ago this month still has paid off, company President Mark Hurd said. An investment ...
Tags: Oracle, Java security, acquisition, Sun Microsystems
Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
A day after rare earth producer Molycorp (NYSE: MCP) surprised investors with top line growth of 49% that sent its shares soaring after hours, the stock is falling again. This time traders are reacting to news that a formal investigation ...
Tags: Rare Earth, USA, Metallurgy