US regional retailer Spartan Stores today (1 August) reported pressure on first-quarter profits, citing "challenging" trading conditions. Spartan posted net earnings of US$6m for the 12 weeks to 23 June, matching the result in last year's ...
Swiss chocolate maker Barry Callebaut has reaffirmed its mid-term guidance, depsite booking a drop in full-year profit. In the 12 months to the end of August, the company reported a net profit of CHF142.6m (US$151.7m), down from CHF178.6m ...
Tags: chocolate maker, chocolate, gourmet business, chocolate products
Woolworths Ltd today (23 July) revealed it was able to grow its full-year sales, despite the Australian retailer's supermarkets reporting falling prices. In an announcement to the Australian stock exchange, Woolworths said sales rose by ...
Tags: Woolworths Ltd, retail, supermarket, falling price
US retailer Wal-Mart has said that it will continue to focus on delivering low prices to drive higher volumes in the remainder of the year, after booking third-quarter sales and earnings gains. In its third-quarter update today (15 ...
Tags: Wal Mart, low prices, third quarter sales, food industry
Belgian food group PinguinLutosa has reported a profit for the first half of its current financial year as it prepares for business without potato division Lutosa. PinguinLutosa, which has agreed to sell Lutosa to McCain Foods, booked a ...
US pasta and pesto manufacturer Armanino Foods of Distinction has booked an increase in third-quarter profits and sales, driven by growth in all areas of the business. In the three months to the end of September, net profit climbed 16.5% ...
Tags: Armanino Foods, pasta, pesto, Foods
Aon has reported that its total revenue during the first quarter of 2012 grew by 3% to $2.8bn from the prior year quarter backed by a 4% increase in organic revenue, partially offset by a 1% decrease from unfavorable foreign currency ...
Tags: Aon, net income, organic revenue, insurer
In Glaston Corp.'s latest interim report, it notes January-September 2011 orders received for the period totaled to EUR 84.7 million, while third-quarter orders received were EUR 28.4 (21.8) million. The report goes on to compare ...
Tags: Glaston, interim report
US food company Hillshire Brands plans to focus on core brands, pursue acquisitions, and introduce new products, in order to achieve profitable growth over the next three years. The company outlined its strategic growth plans at a ...
Significant reduction of Oerlikon's exposure to the textile industry from 53 % to 33 % of total sales Remaining Textile Segment to focus on the manmade fiber business Transaction based on an enterprise value of around CHF 650 million ...
Tags: The Oerlikon Group, Textile Components, Natural Fibers
Oshkosh, a manufacturer of specialty vehicles, has reported net sales of $2.06bn for the fiscal fourth quarter ended 30 September 2012, a decrease of 2.3%, compared to $2.11bn for the same period in 2011. For the fourth quarter of 2012, ...
Tags: Oshkosh, sales down, specialty vehicles
Fifth & Pacific Companies Inc. announced earnings for the third quarter of 2012. For the third quarter of 2012 on a GAAP basis, loss from continuing operations was ($19) million, or ($0.17) per share, compared to income from continuing ...
Tags: Fifth&Pacific, earnings, third quarter, GAAP basis
US-based Dole Food is in advanced talks with Japanese trading house Itochu over the sale of its packaged foods and Asian fresh fruit and vegetable businesses. Itochu could pay about$1.7bn for the businesses,reported Reuters citing sources ...
Tags: packaged foods, fresh fruit, vegetable
Avery Dennison Corporation announced preliminary, unaudited third quarter 2012 results. “In the third quarter, we delivered the strongest organic sales growth since first quarter 2011,” said Dean Scarborough, Avery ...
Tags: Avery Dennison, third quarter 2012, financial results, net sales
US packaged foods company ConAgra Foods has reported a net loss of$86.2m for the fiscal 2012 fourth quarter ended 27 May 2012,compared to a net profit of$250.1m in the previous year,owing to charges with regard to a change in accounting ...
Tags: net profit, revenue, price