Regional US supermarket group and food distributor Spartan Stores has booked an increase in third-quarter earnings. Net profit in the three months to the end of December amounted to US$5.2m, a 2% increase on the prior-year period. ...
Tags: US supermarket group, food distributor, Spartan Stores, earnings
Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant
Global food group Nestle this morning (14 February) booked an increase in full-year profits but slowing underlying sales growth. The company also pointed to 2013 as looking every bit as "challenging" as 2012. Analysts gave a mixed view of ...
Tags: food group, Nestle, 2013
LinkedIn’s successful streak continues. The company's net income significantly increased year-over-year with $11.5m in Q4 2012 compared to $6.9m in Q4 2011. "2012 was a transformative year for LinkedIn," said the company. "We ...
Tags: LinkedIn, Q4 Revenues, company news
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that, due to its ongoing revenue recognition accounting review announced on 15 November, it is currently unable to report revenue and earnings ...
Indian food group Britannia Industries has booked an increase in sales and profits in its third quarter. The biscuit manufacturer said yesterday (11 February) its net profit increased to INR569.6m for the three months to the end of ...
Tags: Britannia Industries, sales, profits, third quarter
US natural and organic food group Annie's has booked a drop in net profit in its third quarter. Earnings in the three months to the end of December dropped to US$1.4m compared to $2.2m last year. Annie's blamed the decline on charges from ...
LinkedIn's Q4 earnings comfortably beat analysts' expectations yesterday for a second quarter running, causing shares to rise by almost 10 per cent. Analysts had predicted revenue for Q4 of $279.5m whereas the actual figure came in at ...
Tags: LinkedIn, Q4 earnings, company news
SRF Limited reported Q3 results fiscal year 2013 -Q3 revenue at Rs. 889 crore, a fall of 6% year-on-year -Q3 PAT, a reduction of Rs. 21 crore year-on-year -Exchange Currency Fluctuation loss of Rs. 20 crore during Q3 -Board approved ...
Welspun India Ltd., part of the $ 3.5 billion Welspun Group announced Q3 and 9M FY13 results, showing strong growth in comparison to corresponding period last year. Financial Highlights – Q3 FY13 -Sales grew by 9% largely due to ...
Tags: Welspun India, Welspun Group, Q3
Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the fiscal year 2012. 2012: Financial Results Beat Company Expectations - Revenues: €198.4 million (-7%) - ...
Textured Jersey Lanka PLC (TJL), Sri Lanka's leading provider of knit fabric to major global brands such as Victoria's Secret, Marks & Spencer, Intimissimi and Decathlon, reported Rs. 365mn in net profit for the quarter ended 31st December ...
Optical networking and associated semiconductor technology firm JDSU of Milpitas, CA, USA has reported a modest improvement in sales performance during its fiscal second-quarter 2013 (ended 29 December 2012). On a non-GAAP basis, net ...
Renesas Electronics continues to feel the pressure from the market and is predicting a larger than expected loss for the year ending March 31, in a revised financial forecast. The Japanese chip maker now forecasts a full year loss of Yen ...
Tags: Renesas Electronics, semiconductor sales, semiconductor
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the third quarter ending December 31 of the financial year 2012-13, posting a net profit of JPY 24.7 ...
Tags: NSSMC, steelmaker, Japan