JBS, the Brazilian meat giant, has reported mixed first-quarter results, with the company’s net income and sales rising – but its EBITDA down on lower profits from its US chicken unit. The...

Kerry Group, owner of the Croissant King and van den Bergh’s frozen bakery businesses in Australia, has claimed it continued its momentum during the first three months of 2011, with the Irish firm reporting...

Higher costs have dented US cereal giant Kellogg’s first-quarter earnings, which fell 12% in the three month period. The Cornflakes maker said that profit in the period to 2 April fell to US$366...

Australia’s largest retailer said yesterday that sales in its Australian Food and Liquor division reached A$9.2bn (US$9.7bn) during the quarter ended 3 April, a 4.6% increase on the year.When adjusted...

General Mills yesterday booked a 1% increase in year-to-date earnings and sales and insisted that it expects growth to accelerate in the final quarter of the year.For the first nine months of fiscal 2011,...

Australia’s largest café group The Coffee Club has finalised its 2010 financial year results, announcing a 16.6% increase in sales, taking global sales to $264 million for the year. The company attributed...

Wesfarmers has seen earnings in its its food retail division rise as it works to implement its turnaround strategy. Coles said that for the half ended 2 January, EBIT was up 18.3% to $575 million , while...

Wesfarmers released its second-quarter figures for Coles yesterday, reporting comparable food and liquor store sales growth of 6.6% in Q2, and food and liquor sales of $7 billion – a 6.7% increase...

As Costco prepares to open its Sydney store in 2011, the retailer, famous for its bulk products, has reported some initial success with its first Australian warehouse in Melbourne, opened in August 2009. The...

Italian dairy giant Parmalat has seen its first-half profits slide on the back of a fall in settlements from legal cases linked to its 2003 bankruptcy.Parmalat, which has so far recovered about EUR2bn...