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
US snacks and smoothie manufacturer Inventure Foods has booked an increase in first-half profits. In the six months to the end of June, net profits soared 47% to US$3.3m, the company reported today (2 August). Inventure attributed the ...
US distributor United Natural Foods (UNFI) has booked an increase in earnings for fiscal 2012. In the 12 months ended 28 July, net profit amounted to US$91.3m compared to $76.7m a year earlier, the company reported today (11 September). ...
Tags: United Natural Foods, earning rise, food market, food industry
Shares in Tyson Foods fell today (6 August) after the US meat giant lowered its forecast for annual sales and warned grain costs would weigh on profits in its next financial year. Tyson, which reported mixed third-quarter results today, ...
Tags: Tyson Foods, sahre, meat industry, grain cost, food industry
Olam International has booked a 26.2% increase in first-quarter profits, boosted by growth at its food business. Net profit for the three months to the end of September rose to S$43.2m (US$35.3m), up from S$34.2m in the comparable period ...
Tags: net profit, Sales rise, Food sales
US speciality retailer The Fresh Market has booked an increase is profit in the third quarter. Earnings in the three months ended 28 October climbed 19% to US$10.9m, the company reported yesterday (28 November). CEO Craig Carlock said the ...
Tags: Net profit, Operating profit, Net sales
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit
Dairy giant Fonterra has lowered its forecast for annual earnings in its next financial year, blaming currency fluctuations and "difficult" trading conditions in Australia and New Zealand. The New Zealand company said today (28 August) it ...
Tags: Dairy giant, Dairy, net profit, Fonterra
US retailer Family Dollar Stores has booked an increase in full-year earnings as the group continued its store openings and benefited from increased customer traffic. Net profit in the 12 months ended 25 August amounted to US$422.2m, an ...
Tags: Net profit, Operating profit, Net sales
US own-label firm TreeHouse Foods has cut its full-year earnings guidance as it announced plans to shut its soup and salad dressing facilities. TreeHouse this morning (8 August) lowered its full-year adjusted profit outlook to between ...
Tags: TreeHouse Foods, soup and salad dressing facilities, operating profit
Russian retailer Dixy has booked an increase in profit in the third quarter of the year. Earnings in the three months to the end of September amounted to US$8.7m, a 7.2% increase on the prior year period. Operating profit climbed 1.4% ...
Tags: Net profit, Operating profit, Net sales
Belgian retailer Delhaize has posted a drop in first-half profits and said it now expects to achieve the bottom-end of its full-year earnings guidance range. Profit in the six months to the end of June slumped 65.9% to EUR83m (US$103.5m), ...
Shares in Belgian retailer Colruyt fell today (3 December) after the company's half-year core profits missed analyst forecasts. Colruyt booked EBITDA of EUR322.2m (US$420.9m) for the six months to the end of September on Friday, up 1.6% ...
Tags: EBITDA, gross margin, market share
Del Monte Foods has moved to a net profit in the first quarter of its financial year on the back of an increase in sales. In the three months ended 29 July, earnings amounted to US$6.3m compared to a net loss of $27.6m last year, the ...
Tags: Net profit, Operating profit, Net sales
Shares in Colruyt rose by more than 11% today (27 June) after the Belgium-based retailer reported an increase in annual profits. The company, which booked lower profits for the first six months of its financial year, said its net profit ...
Tags: Fy Profit, Shares Jump, price pledges