Consumer Staples |
Clorox Co. Monday reported fiscal first-quarter net income rose 23% to $157 million, or $1.11 a share, from $128 million, or 90 cents a share, in the same period a year ago. Sales were $1.37 billion compared to $1.38 billion.
The bleach maker said profit was aided by sales of disinfectant wipes to combat the worldwide H1N1 flu virus, shipments of Hidden Valley salad dressing, and lower costs
Nov 2 · 12:49:00 PM · Source: Company News Release
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by Larry Etter
Sysco reported net earnings for the first quarter were $326 million, an increase of $49 million, or 17.8%, and diluted EPS was $0.55, an increase of $0.09, or 19.6%, compared to the prior year period. Sales for the first quarter were $9.1 billion, a decrease of 8.1% compared to the same period last year.
"I am pleased with our solid operating performance this quarter," said Bill DeLaney, Sysco's chief executive officer. "In the midst of what continues to be an extremely challenging business environment, our operating companies managed expenses extraordinarily well. Our sales decline was largely caused by the impact of reduced consumer spending experienced by much of our customer base, as well as significant food cost deflation. Looking forward, we are encouraged by the stabilization of our volume trends in recent weeks and we remain committed to supporting our customers through this most difficult period in our industry's history."
Nov 2 · 11:39:00 AM · Source: Company Press Release
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by Rich Pike
Estée Lauder Companies Inc. Friday said it had fiscal first-quarter net earnings of $140.7 million, compared to $51.1 million last year. Net earnings per common share for the quarter rose to $0.71, from $0.26 in the prior year. For the first quarter, the Company had net sales of $1.83 billion, a 4% decrease compared with $1.90 billion reported in the prior-year period.
Earnings beat estimates by a big margin
Oct 30 · 8:47:00 AM · Source: Company News Release
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by Larry Etter
Colgate reported a profit of $590 million, or $1.12 a share, up from $500 million, or 94 cents a share, a year earlier. The prior-year period included 5 cents a share in restructuring-related charges. Colgate's revenue was flat at $3.99 billion.
Earnings top Street expectations.
Oct 29 · 1:48:00 PM · Source: Company News Release
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by Larry Etter
Kellogg's said its third quarter profits increased 5.6 percent to $361 million, or 94 cents a share, in the period ended Oct. 3, from $342 million, or 89 cents, a year earlier. Revenue edged down 0.3% to $3.28 billion.
Earnings topped analysts' estimates.
Oct 29 · 11:28:00 AM · Source: Company News
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by Larry Etter
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
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