Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss
Grupo Bimbo saw its third-quarter earnings tumble 82% after it incurred a jump in pension costs and charges from the integration of the Sara Lee business the bakery giant acquired in North America. The Mexican company reported net income ...
Tags: Profits, pension costs, net sales
Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period. The Brazilian meat company said net income fell to BRL91m (US$44m) in the three months, down from BRL365m in the ...
Tags: Foods, meat company, grain prices, feed costs, profit
Carrefour today (30 August) reported a fall in half-year profits but shares in the French retail giant rose as analysts had expected a steeper decline. The French retail giant booked recurring operating income of EUR769m (US$965.3m), down ...
Tags: Carrefour, retail giant, operating income, profit drop
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
US egg firm Cal-Maine Foods has booked an increase in full-year profits as gains from a new venture in the speciality egg market more than offset higher costs from its fresh shell eggs. In the 12 months ended 2 June, net profit climbed ...
Tags: egg Foods, egg market, fresh shell eggs, eggs
American Lorain has booked a 14% increase in second-quarter sales, driven by increased sales of its convenience and frozen food products. In an announcement today (14 August), the company said sales increased 14.2% to US$35.7m in the ...
Tags: convenience food products, frozen food products, food products, food
US natural and organic food group Annie's has booked an increase in second-quarter income, which was boosted by a 20% increase in sales during the period. Annie's reported adjusted net income, which strips out the impact of a share ...
Tags: natural food, organic food, food
HONG KONG — Chinese motion upholstery producer Man Wah Holdings said its exports to the U.S. jumped more than 20% in the six months ended Sept. 30 as the company continued to gain market share. In a report filed with the Hong Kong ...
Tags: motion upholstery producer, larger sales increase, retail stores
Chinese meat processor Zhongpin saw its half-year net profits slump 36% despite posting a rise in revenues. Net income attributable to Zhongpin shareholders for first six months of the year ending 30 June was US$23.2m, compared to $36.2m ...
Tags: Zhongpin, half year net profits, revenue rise, gross profit margin
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
US natural and organic retailer Whole Foods Market booked a 49% jump in fourth-quarter profits to round off a year in which earnings increased by more than a third. Whole Foods posted net income of US$112.7m for the three months to the ...
Tags: Whole Foods Market, natural food, organic food, food industry
Cherokee Inc.a leading innovator and global marketer of style-focused lifestyle brands around the world reported financial results for the third quarter ended October 27,2012. Net revenues were$6.7 million for the quarter,up from$6.0 ...
Tags: financial results, net revenues, Tesco
The Gymboree Corporation reported consolidated financial results for the third fiscal quarter ended October 27,2012. For the third quarter of the fiscal year ending February 2,2013("fiscal 2012"),net sales were$311.5 million,an increase ...
Tags: financial results, net sales, acquisition
Chinese industrial companies' profit gains surged in October and turned positive for the year as factory output accelerated and export growth picked up following a seven-quarter economic slowdown. The National Bureau of Statistics said ...
Tags: China Industrial Company Profit, net income, research report