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Sonoco Reports First Quarter Results for 2017
Apr 24, 2017Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
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Sonoco Reports Third Quarter 2016 Results
Nov 18, 2016Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...
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Polaris Acquires Transamerican Auto Parts
Nov 15, 2016Polaris Industries has completed the acquisition of TransAmerican Auto Parts (TAP), a manufacturer, distributor and retailer of off-road jeep and truck after market accessories for $665m. Polaris expects the TAP acquisition to contribute ...
Tags: Polaris, Auto Parts
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KBA-Sheetfed Reports Increased Revenue in First Nine Months of 2016
Nov 14, 2016In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
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Ferro Acquires Class Coatings Manufacturer Pinturas Benicarl
Jun 6, 2016Ferro Corporation announced it has completed the acquisition of Pinturas Benicarló (Pinturas). Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a ...
Tags: Ferro Corporation, Pinturas
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Tyson Foods Makes Progress in Transition
Apr 6, 2016Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
Tags: Tyson Foods, Protein producer
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Apparel Marketer L Brands see the sales growth 7%
Feb 11, 2015In preliminary estimates, marketer of intimates’ iconic brand Victoria Secret, L Brands said its net sales for the fourth quarter rose 7 per cent year on year for the fourth fiscal quarter ended January 31, 2015. Net sales for the ...
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Zumiez and Pacific Sunwear of California Raised Fourth-Quarter Guidance
Jan 20, 2015Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
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Lululemon Upgraded Net Revenue and Earnings Guidance for The Fourth Quarter of Fiscal 2014
Jan 13, 2015Lululemon Athletica Inc. upgraded its net revenue and earnings guidance for the fourth quarter of fiscal 2014 ahead of its presentation at the ICR XChange investor conference on Monday. For the fourth quarter ending Feb. 1, Lululemon now ...
Tags: guest experience, international expansion efforts, Sporting Goods
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Samsung Reckons Profits Slipped by 37.4% Year-on-Year in The Run up to Christmas 2014
Jan 9, 2015Samsung reckons its profits have slipped by a staggering 37.4 per cent year-on-year in the run up to Christmas 2014. The South Korean tech giant outed its pre-earnings guidance, revealing a predicted operating profit of 5.2 trillion ...
Tags: Samsung, CES, Consumer Electronics
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Net Loss at Clothing Retailer Aeropostale More Than Doubled Year on Year in Q3FY15
Dec 8, 2014For the thirteen weeks period ended November 1, 2014, net loss at clothing retailer Aeropostale more than doubled year on year as a result of huge amount of after tax charges. The retailer reported a net loss for the third quarter of 2014 ...
Tags: Clothing Retailer, tax charges, Apparel
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Gildan Reported Record Fourth Quarter Adjusted Earnings Compared to Last Year
Dec 5, 2014Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
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Shoe Carnival Exceeded Its Net Sales Thanks to Strong Sales of Fashion Boots
Dec 3, 2014Shoe Carnival Inc. exceeded its net sales, comp store sales and earnings guidance in the third quarter thanks to strong sales of fashion boots, the roll out of national advertising, the addition of new brands in its women's department, and ...
Tags: fashion boots, Sporting Goods
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Toray Industries Saw Net Profit Rise 11% to 14.7 Billion Yen
Aug 18, 2014TOKYO — Textile maker Toray Industries saw net profit rise 11% to 14.7 billion yen ($142 million) in the April-June quarter on strong demand for carbon fibers that offset goodwill amortization expenses. Operating profit jumped 19% ...
Tags: Toray, Electrical, Electronics
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Carter's Reported Its Second Quarter Fiscal 2014 Results
Aug 13, 2014Carter’s, Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, reported its second quarter fiscal 2014 results. Highlights: -Net Sales $574 Million, Up 11% -Total U.S. ...