Kirin Holdings has cut its sales and profits forecast for the first half of 2010. Kirin expects net sales to be JPY43bn (US$492m) for the six months to the end of June, 14% lower than previously predicted,...

McDonald’s has released its global sales results for the second quarter, with earnings up 15%, including a 4.6% rise in the Asia/Pacific, Middle East and African region, thanks to strong sales in...

Faster growth in emerging chocolate markets has in a boost in revenues for Swiss chocolate giant Barry Callebaut in the first nine months of its fiscal year. For the period ended 31 May, sales in local...

US wholesaler Costco has booked an increase in profits, boosted by the reversal of a pre-tax charge implemented last year. For the first thirty-six weeks of fiscal 2010, net income increased to US$871m...

Once the darling of Wall Street, Whole Foods Market spent much of the last 18 months out in the cold as it witnessed sales and profits slide in the face of the economic downturn. However, the company’s...

Kraft Foods Inc. on Friday reported strong first quarter 2010 results driven by good operating momentum in every geography. Volume/mix improved sequentially from the fourth quarter 2009 and contributed...

Weight Watchers International has booked a drop in earnings for the first quarter, hurt by poor weather, a slowdown in the economy and “difficult” operating conditions.For the three months...

Kellogg struck a cautious note yesterday (29 April) as it posted a bumper 30% jump in first quarter profits.The US cereal giant booked first-quarter net income of US$418m, or $1.09 a share, up from $321m,...

Supermarket group Woolworths Ltd plans to ramp up its investment in price in order to drive sales volumes.In its earnings release on Friday (26 February), Woolworths posted a 6% increase in half-year revenues...

The latest NAB Quarterly Agribusiness Survey shows post-farmgate conditions and confidence declined in the December quarter, as weak domestic and export demand led to deteriorating trading conditions and...