Diamond Foods, the US snack maker and owner of upmarket crisp brand Kettle Chips, has raised its profit target for the second half of its fiscal year, despite booking a third-quarter loss.
The US firm,...
US food group Heinz said it performed ‘well’ in a challenging and volatile global environment, despite a slide in full-year profits.
For the 12-months ended 28 April, net income attributable...
Woolworths chief executive Michael Luscombe warns that the last two years of growth, buoyed by the Federal Government’s economic stimulus package, cannot be sustained.
“Over the last eight...
Campbell Soup Co. has posted a 3.4% fall in quarterly earnings, despite an increase in revenues of almost 7%, as restructuring costs and a higher tax bill hit profits.
The world’s largest soup maker...
Retail giant Wal-Mart has posted a 5.9% increase in revenues, as strong international sales offset slower growth in the US.The company said yesterday (18 May) that first-quarter sales climbed to US$99.1bn.
Sales...
Woolworths Ltd lowered its full-year sales outlook last friday in the face of food deflation and weakening consumer sentiment, despite posting a 4.7% increase in third-quarter sales.For the three months...
Wesfarmers today announced their retail sales results for 2010’s third quarter, with ‘solid’ sales growth in the Coles division.
Coles’ total food and liquor sales cam in at $5.465,...
Hong Kong-based Lianhua Supermarket Holdings has booked an increase in profits for 2009 as expansion boosted revenues and offset flat same-store sales.Profit attributable to shareholders for the 2009 rose...
Yum! Brands announced the opening of its first Indian Taco Bell outlet yesterday in Bangalore.
Yum! is focused on developing Taco Bell into its third global brand after KFC and Pizza Hut, currently the...
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