Global manufacturer and marketer of differentiated chemicals, Huntsman Corporation has said that fall in crude oil prices will prove to be beneficial to Huntsman over the long term. In a statement, Huntsman CEO Peter Huntsman said, ...
Tags: oil prices, balance sheet, Textile
Supplier of uniforms, UniFirst Corporation said its revenues climbed 6.8 per cent and net income 8.6 per cent; both from a year ago quarter for its fiscal 2015 first quarter ended November 29, 2014. First fiscal quarter of 2015 revenues ...
Tags: uniform, workwear programs, facility service programs, Apparel
Nike, Inc. reported earnings rose 22.7 percent in the second quarter ended Nov. 30, to $655 million, or 74 cents a share, exceeding Wall Street's consensus estimate of 70 cents. Revenues grew 14.8 percent to $7.38 billion. Nike Brand ...
Tags: product type, geography and key category, Sporting Goods
Mexican corn miller and tortilla producer Gruma has announced plans to invest $50m in a new plant in Russia, over the next two years. Located in the Moscow Region, the new plant will be capable of producing around 31,500 tonnes of corn ...
Tags: tortilla wraps, tortilla, tortilla chips, Agriculture
The Cotton Association of India (CAI), a cotton trade body, has downwardly revised India’s 2014-15 season cotton output to 402 lakh bales (of 170 kg each) in its November estimate, from its earlier estimate of 405.50 lakh bales. ...
Tags: cotton trade, Textile
There's less corn and fewer soybeans on hand in the U.S. right now than the trade expected heading into Wednesday's monthly World Agricultural Supply and Demand Estimates and Crop Production report. Wednesday's WASDE report shows a ...
Tags: Grain Prices, Corn, Soybean
Axalta Coating Systems Ltd. has announced its financial results for the quarter ended September 30, 2014. The results contained in this earnings release reflect the results previously filed in Form 10-Q on November 14, 2014. Key ...
For its fiscal second-quarter 2015, fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $297m, up 2.2% on $290.7m a year ago but down 9.4% on $327.6m last quarter (its first ...
Tags: Finisar, Electronics
Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Net sales for the second quarter were $108.4 million, a decrease of 22.1 percent from net sales ...
Tags: Slides, Sporting Goods
US based apparel marketer and NYSE listed, PVH Corp said its earnings per share for the third fiscal quarter ended November 2, 2014 rose in double digits from the prior year quarter. On a non-GAAP basis, PVH which has marquee fashion ...
Tags: Calvin Klein, Apparel
Coffee and tea producer Keurig Green Mountain has agreed to acquire around 85% stake that it was not previously owning in MDS Global Holding (Bevyz) for €178m. Bevyz has developed a patented single-portion multi-drink system that ...
DSW Inc. reported third-quarter earnings declined 9.8 percent to $49.6 million, or 55 cents a share. But earnings came in better than Wall Street estimates and sales in all major categories accelerated compared to the first half. Comparable ...
Tags: women's footwear, Sporting Goods
NASDAQ listed, Sears Canada reported a 15 per cent drop from a year ago quarter in the third fiscal quarter ended, November 1, 2014. In third quarter of 2014, Sears sales reached $834.5 million, down 15 per cent from $982.3 million for ...
Tags: Sears sales, full-line store leases, Apparel
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
Lifeway Foods, a supplier of cultured dairy products known as kefir and organic kefir, today announced results for the third quarter ended September 30, 2014. "Our strong double digit net sales growth in the third quarter demonstrates the ...