Consumer Staples |
Nu Skin Enterprises Inc. said its third-quarter net income rose to $25.57 million or $0.40 per share from $16.76 million or $0.26 per share a year ago. The company also reported record third-quarter revenue of $334.2 million, an 8 percent improvement over the prior-year period.
Oct 29 · 10:24:00 AM · Source: Company News Release
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by Larry Etter
Procter & Gamble today said its profits were off 1 percent at $3.35 billion, or 1.06 per share, compared to $3.31 billion, or $1.03 per share, a year ago. Sales fell 6 percent to 19.8 billion.
Earnings topped the company's guidance.
Oct 29 · 9:27:00 AM · Source: Company News
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by Larry Etter
Coca-Cola Enterprises, the largest bottler for Coca-Cola Co., reported a third quarter profit of $247 million, or 50 cents a share, up from $214 million, or 44 cents, a year earlier. Excluding hedging and restructuring impacts, earnings rose to 51 cents from 46 cents. Revenue decreased 3% to $5.57 billion, but were flat excluding currency impacts. Revenue fell 4% in North America and 1% in Europe.
Company raised its comparable full-year 2009 EPS expectations to a range of $1.54 to $1.57.
Oct 28 · 10:42:00 AM · Source: Company News Release
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by Larry Etter
Grocery-store operator Winn-Dixie Stores said that during its fiscal first quarter it posted a loss of $8.1 million, or 15 cents per share. This included an impairment charge of 6 cents per share related to the closures of six stores, and compares with a loss of $2.3 million, or 4 cents per share, in the year-ago quarter. Sales fell 2 percent to $1.64 billion from $1.68 billion.
Analysts had expected a loss of 2 cents per share on $1.64 billion in revenue.
Oct 26 · 7:15:00 PM · Source: Company News Release
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by Larry Etter
The Board of Directors of The Coca-Cola Company today declared a regular quarterly dividend of 41 cents per common share. The dividend is payable December 15, 2009, to shareowners of record as of December 1, 2009.
Oct 22 · 1:51:00 PM · Source: Business Wire
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by Larry Etter
Philip Morris International Inc.'s (PM) third-quarter profit fell a less-than-expected 13%, as cigarette sales remained weak. The company reported third-quarter earnings of $1.8 billion, or 93 cents a share, down from $2.08 billion, or $1.01, a year earlier. The prior-year had an 8-cent boost from currency changes. Revenue fell 4.6% to $16.57 billion, and revenue excluding excise taxes fell 5.3% to $6.59 billion. Excluding currency effects, revenue without taxes jumped 6.9%.
The Altria Group Inc. (MO) spinoff, which operates completely outside the U.S., raised its full-year earnings target to between $3.20 and $3.25 a share from $3.10 and $3.20 a share, reflecting better fundamentals and a lesser impact from foreign-currency exchange, given the weaker dollar.
Oct 22 · 10:12:00 AM · Source: Dow Jones
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by Larry Etter
Hershey, the nation's second-largest candymaker, said Thursday that its third-quarter profit rose 30 percent, helped by price increases and lower restructuring costs. The Hershey, Pa.-based candymaker said it earned $162 million, or 71 cents a share, in the three months ended Oct. 3, up from $124.5 million in last year's quarter. Revenue slid less than 1 percent to $1.48 billion, as the company cited artificially inflated sales in last year's third quarter because of heavy purchasing by retailers to beat an average 11 percent wholesale price increase on Hershey's candy.
The results beat Wall Street expectations, although The Hershey Co. said third-quarter revenue dipped slightly after retailers stocked up in last year's third quarter ahead of a price increase.
Oct 22 · 9:49:00 AM · Source: AP
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by Larry Etter
Kimberly-Clark Corp (KMB.N) raised its forecast for the year after blowing past third-quarter earnings expectations, aided by cost cuts and increased demand for face masks due to the H1N1 flu virus. Kimberly-Clark said on Thursday it earned $582 million, or $1.40 per share, in the third quarter, up sharply from $413 million, or 99 cents per share, a year earlier.
Analysts, on average, expected $1.13 per share, according to Thomson Reuters I/B/E/S.
Oct 22 · 9:45:00 AM · Source: Reuters
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by Larry Etter
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