Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Brown Forman, the maker of Jack Daniel's Tennesee Whiskey, has reported a decline in its second-quarter profit and sales. Net sales dropped 3% year-over-year to $830m. Reported operating income fell 4% in the quarter to $291m. Diluted ...
Tags: Brown Forman, Whiskey
NEW YORK (AP) — General Electric’s net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. The company said orders, especially those in developing countries, were ...
Tags: GE, Electrical, Electronics
Cabela's Incorporated reported financial results for second quarter fiscal 2014. For the quarter, total revenue increased 0.6% to $761.2 million; Retail store revenue increased 3.4% to $500.4 million; Direct revenue decreased 18.3% to ...
Tags: Cabela's, Store Revenue, Apparel
International Paper Co. (IP) plans to close an Alabama mill as the result of weakening demand in the U.S. for paper used in products such as forms, envelopes and printers, a move that will affect 1,100 employees. Demand for uncoated ...
Tags: Office Supplies, Paper
Brazil-based meat giant Marfrig today (14 August) booked a second-quarter profit, moving back into the black after a loss in the corresponding period last year. Marfrig, which owns the Seara brand, posted net income of BRL15.5m (US$19.1m) ...
Tags: Meat giant, Meat, net income, profit
Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
Canadian food and drink manufacturer Lassonde Industries has booked an increase in first-half profits. In the six months to the end of June, earnings climbed 16.8% to C$21.6m (US$21.7m). The acquisition of juice firm Clement and Pappas & ...
Tags: food manufacturer, drink manufacturer, profits, food, drink
IDG News Service - Hewlett-Packard on Wednesday announced a US$8.9 billion loss for its third quarter ended July 31 due to writedowns and weak hardware sales and also said full-year results would be at the low end of its previous guidance. ...
Tags: HP, weak sales, revenue, Personal Systems Group
Garden equipment maker Husqvarna spied uncertainty ahead in key markets on both sides of the Atlantic as growth in the U.S. economy falters and Europe remains mired in its debt crisis. Second-quarter profit for the world's biggest maker of ...
Tags: Market View, garden tool
US Steel reversed a series of quarterly losses yesterday, reporting a $222m second quarter profit on sales of $5.1bn - a turnaround driven by higher average realized prices and more stable raw materials costs, the company said. The improved ...
Tags: steel