US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, 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
Slovenian retailer Mercator has warned of rising raw materials costs and "profound recession" in many of its key markets after swinging to a net loss in the first half of 2012. For the six months to the end of June, Mercator reported net ...
Tags: Mercator, raw materials, key market, food market, net loss
Slovenian food retailer Mercator revealed yesterday (13 November) that it generated a loss in the first nine months of the year despite flat sales. Mercator booked a loss of EUR22m (US$27.96m) in the first nine months, down from a net ...
Tags: Mercator, flat sales, loss, company news
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
Steel Strips Wheels Ltd has achieved gross sale of INR 81.16 crore during November 2012 as against INR 85.67 crore in November 2011. The net sales of the company were INR 73.63 crore in November 2012 as against INR 78.40 crore in November ...
Tags: wheels rims, custom rims, chrome rims, inr india
US food giant General Mills said today (27 June) the steepest rise in input costs it has experienced in over 30 years weighed on its full-year earnings. For the 12 months ended 27 May, net profit slid 12.8% to US$1.57bn. Operating ...
Dutch dairy giant FrieslandCampina has booked an increase in first-half profits as sales increased despite tough conditions in Europe. Earnings in the six months to the end of June amounted to EUR138m (US$218.8m), an 8.7% increase on ...
Tags: FrieslandCampina, profits climb, earnings
Finnish food group Raisio has added to its confectionery stable with the acquisition of Czech group Candy Plus. Raisio said the EUR20.5m deal would "complement" its UK confectionery operations, which the Fox's mint brand. The company ...
Tags: Raisio, acquisition, Candy Plus, food industry
Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
Canadian retailer Sobeys has booked an increase in full-year profits. In the 12 months ended 5 May, net profit was up 2.3% to C$304.1m (US$296.6m). Adjusting for the additional week of operations at Sobeys in fiscal 2011, net earnings ...
Tags: Sobeys, increase profits, net earnings
Taipei,Oct.11,2012(CENS)--Taiwan Semiconductor Manufacturing Co.(TSMC)had consolidated sales revenue of NT$43.3 billion(US$1.44 billion at US$1:NT$30)in September,slipping an unexpected 12.4% from August and hitting a five-month low ...
Tags: Taipei, TSMC, semiconductor
UK consumer goods group Reckitt Benckiser has recorded an increase in profits from its foods division in the first half of the year. In the six months to the end of June, the owner of French's mustard brand booked a 6.1% increase in ...
Tags: Reckitt Benckiser, foods division, food earnings climb