US wholesale retailer Costco has booked an increase in profit in the first quarter of the year. Earnings in the three months to 25 November amounted to US$416m, a 30% increase on the prior year period. Last year's net income was ...
Tags: Costco, US wholesale retailer, Operating profit, Q1 Profits
Smithfield Foods CEO Larry Pope has insisted the US meat will produce "another year of solid earnings" despite lower quarterly profits. Falling earnings from fresh pork and hog production contributed to a decline in first-quarter profits ...
Tags: Smithfield, solid earnings, lower quarterly profits, falling earnings
US food manufacturer Lancaster Colony has recorded an increase in first-quarter profits on the back of higher prices and lower input costs within its speciality food unit. In the three months to the end of September, net income climbed ...
Tags: Lancaster Colony, Q1, first-quarter profits, higher prices
Ossen Innovation Co Ltd a China based manufacturer of an array of plain surface, rare earth and zinc coated pre stressed steel materials, announced its financial results for the three months and nine months ended September 30, 2012. ...
Cree has reported revenue of $315.8 million for the first quarter of fiscal 2013, a 17% revenue increase, and a 26% net income increase, over the first quarter of fiscal 2012. Cree announced its revenue for the first quarter of fiscal ...
Glass segment sales from 2012 fell$11 million from the year prior to$262 million,according to PPG Industries'third-quarter report.Lower pricing and a negative foreign currency translation counterbalanced rising flat glass volumes.Segment ...
Tags: glass segment sales, flat glass, PPG
Wall Street is expecting higher profit for PPG Industries(PPG)when the company reports its third quarter results on Thursday,October 18,2012.The consensus estimate is calling for profit of$2.21 a share,a rise from$1.96 per share a year ago. ...
Tags: Wall Street, revenue, PPG
US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
Chiquita Brands International has swung to a first-half loss as a drop in sales and higher sourcing costs hit profits. In the six months to the end of June, the US produce giant booked a net loss of US$6m compared to earnings of $102m ...
Tags: Chiquita Brands International, sales, sourcing cost, net loss
US egg firm Cal-Maine Foods' first-quarter net profits has more than tripled as sales climbed on higher average market prices for shell eggs. In the three months ended 1 September, earnings surged to US$9.4m from $3.1m last year, the firm ...
Tags: CalMaine Foods, net profits, sales, shell egg
Chinese snack food firm American Lorain has reported mixed third-quarter results, with the bottom line hit by one-off items but operating profit increasing. Net income was down 25.7% to US$5.3m, mostly thanks to a gain the company ...
Tags: American Lorain, operating profit, sales, income, company news
US c-store operator The Pantry has reported lower third-quarter profits as an impairment charge and lower fuel sales weighed on earnings. In the three months ended 28 June, earnings dropped to US$14.8m from $19m in the comparable period ...
Tags: Pantry, Q 3profits, fuel sales, earnings
California-based natural and organic food group Annie's has booked an increase in first-quarter sales and earnings. The company said yesterday (24 July) that net income increased to US$2.1m, up from $1.8m, as sales surged 20% to $34.3m. ...
Tags: Annie's, sales increase, food company, food industry, earnings
US regional retailer Tops Markets has reported a half-year profit despite a fall in sales. Tops, which has over 120 stores in New York state and Pennsylvania, booked net income of US$10.1m for the 28 weeks to 14 July, compared to a $1.8m ...
Tags: Tops Markets, H1 profit, lower sales
US regional retailer Ingles Markets saw its sales growth quicken in the third quarter of its financial year. The company, which runs over 200 supermarkets, said grocery segment comparable-store sales increased 2.1% in the quarter to 23 ...
Tags: Ingles Markets, sales growth, company news