Whole Foods Market raised its full-year sales and profit forecast after booking a 32% increase in third-quarter earnings. The US natural and organic retailer said net income rose to US$116.85m from $88.47m last year in the 12 weeks to 1 ...
Tags: whole foods market, US food market, earnings, food industry
Kosher food specialist G. Willi-Food has recorded a drop in nine-month profits as the firm experienced commodity cost increases and pressures from supermarkets to reduce prices. Net income in the nine months to the end of September ...
Tags: Net profit, Operating profit, Net sales
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
McCormick & Co. today (27 September) upped its forecast for annual earnings on the back of a better tax rate and also reported an increase in third-quarter profits. The US spice manufacturer said it now sees its full-year earnings per ...
Tags: Earnings, profits, net sales, Operating income
The company expects revenue of about $13.6bn, plus or minus $500m for Q4 2012 Intel has reported a revenue of $13.5bn for the third quarter of 2012, compared to $14.23bn it reported during the corresponding quarter in 2011. The ...
Tags: Intel, net income, operating income, Ultrabooks, phones
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
Canadian supermarket group Loblaw has said profits fell during the third quarter as one-time items weighed on the bottom line. Loblaw's net income fell by 5.9% to C$222m (US$222m) after charges including C$29m related to its ongoing IT ...
Tags: net income, Sales, shareholder value
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
Firm is also planning on cutting down production at its facilities Texas Instruments has reported 2% decline in its revenue during the third quarter of 2012 (3Q12) to $3.39bn, due to falling chip demand, when compared to $3.46bn ...
Tags: Texas Instruments, net income, operating profit, low chip demand
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
Although Taiwan Semiconductor Manufacturing Co.'s(TSMC's)consolidated net sales for November sank around 11.4%from October,to NT$44.2 billion,industry executives estimated the foundry giant's revenue for the fourth quarter to exceed its ...
Tags: Semiconductor, TSMC, foundry, sales
Russian retailer Magnit has booked an increase in profit in the first nine months of the year, boosted by a high pace of new store openings and a focus on low prices. In the nine months to the end of September, net income soared 140.6% to ...
US speciality retailer The Fresh Market booked a jump in third-quarter sales and earnings this morning (28 November). The Fresh Market said net sales rose 22.1% in the three months to 28 October, climbing to US$321.5m as new store ...
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
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits