Costco recorded a rise in second-quarter net income as the US warehouse club’s results were boosted by strong sales and higher gas prices.
The chain said yesterday that net income rose 16% to reach...
Grocery wholesaler Metcash has reduced its 2011 full-year earnings guidance on the back of difficult trading conditions.
The company yesterday cut its earnings growth to between 3% to 5%, down on the previously...
Warrnambool Cheese and Butter Factory Company Holdings has posted a 300% leap in first half net profits and insisted that its prospects for the remainder of this year are significantly better than they...
Woolworths Ltd, Australia’s largest retailer, booked a 6% rise in half-year profits on Friday, hitting the top end of a forecast it lowered last month.The company posted net profit after tax of $1.16...
Woolworths Ltd has once again played down speculation that its chief executive Michael Luscombe is preparing to stand down from his post.Reports have dogged Woolworths over the past month that Luscombe...
US spice maker McCormick is working to build its presence in developing markets, with the company looking for 12% of its turnover to come from these markets by 2015, up from 9% in 2010.
The company sees...
* Food and soft drink profits up 56.4%
* Full-year group profits up 76.8%
* Upped full-year profit forecast
Kirin Holdings’ food and soft drinks division has booked an increase in full-year operating...
Whole Foods Market has increased its sales and earnings per share forecasts for the 2011 fiscal year on the back of strong first-quarter results.
The US health food retailer yesterday (9 February) increased...
Sara Lee yesterday (8 February) posted a slump in underlying quarterly profits as rising commodity costs hit earnings.The US food group, which plans to split in two next year, booked net income from continuing...
US confectioner Hershey yesterday posted an 18% rise in underlying annual profits as the Reese’s maker finished 2010 with accelerating sales growth.The company said its adjusted net income reached...
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