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Heinz (HNZ)

Heinz Earnings Fall, But Optimistic About Future

H.J. Heinz Co said Tuesday that it posted a lower fiscal second quarter profit, with the company saying it earned $231.4 million, or 73 cents a share, down from $276.7 million, or 87 cents per share, a year earlier. The previous year's results included a big gain from currency hedging. Sales rose 2.5 percent to $2.67 billion
The company said results were hampered by sales falls in North America and Europe, but said it is optimistic about sales momentum heading into the second half of its fiscal year.

Nov 24 · 12:17:00 PM · Source: Company News Release
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by Larry Etter

Campbell's Soup (CPB)

Campbell Soup's Earnings Up, Sales Down Slightly

Campbell Soup said Monday it earned $304 million, or 87 cents a share, in the fiscal first quarter that ended November 1, up from $260 million, or 70 cents a share, a year earlier. Sales fell 2.1 percent to $2.2 billion from a year ago.
Analysts had projected 81 cents per share and company's CEO said U.S. soup sales were improving and had risen 10 percent in October

Nov 23 · 2:22:00 PM · Source: Company News
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by Larry Etter

Walmart (WMT)

Walmart Earnings Up, Sales Soft

Walmart, the world’s largest retailer, said Thursday its third-quarter profit rose 3.2 percent to $3.24 billion, or 84 cents a share, from $3.14 billion, or 80 cents, a year earlier. Net sales increased 1.1% to $98.67 billion and would have risen 3.8% excluding currency changes.
Profits, which topped estimates,were helped by inventory management, and the company forecast sales for the fourth quarter would be little changed. Q3 sales were below analyst expectations.

Nov 12 · 9:36:00 AM · Source: Company News
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by Larry Etter

Costco (COST)

Costco Sales Top Projections

Costco Wholesale Corporation Thursday reported net sales of $5.68 billion for the month of October, the four weeks ended November 1, 2009, an increase of seven percent from $5.30 billion in the same four-week period last year.
The company's sales topped expectation.

Nov 5 · 10:42:00 AM · Source: Company News Release
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by Larry Etter

Unilever Nv (UN)

Unilever Q3 Profit Falls 36%

Unilever, the consumer goods giant, said it had third quarter profits of euro1.05 billion ($1.56 billion), down from euro1.64 billion in the same period last year. Last year's period had a euro487 million gain on the sale of Unilever's seasonings businesses. Revenues were down 1.9 percent to euro10.2 billion.
Despite the fall in profit, the company's CEO said the results showed "good progress across all regions and the majority of countries and categories" when compared with the second quarter.

Nov 5 · 10:33:00 AM · Source: Company News Release
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by Larry Etter

CVS Caremark (CVS)

CVS Profit Up 39%

CVS's third-quarter profit increased 39% to $1.02 billion, or 71 cents a share, from $736 million, or 50 cents a share, a year earlier. Excluding acquisition-related costs, earnings rose to 76 cents from 60 cents. Adjusted earnings from continuing operations were 65 cents per share, excluding an 11 cent income tax benefit. Revenue rose 18% to $24.64 billion, in part on the acquisition of Longs.
Profits were stronger than expected.

Nov 5 · 10:21:00 AM · Source: Company News Release
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by Larry Etter

Dean Foods (DF)

Dean Food Net Rises

Dean Foods, the biggest U.S. dairy processor, said third-quarter net profit increased 32 percent to $49.7 million, or 27 cents a share, from $37.8 million, or 24 cents, a year earlier. Sales dropped 13 percent to $2.77 billion.

Nov 2 · 1:19:00 PM · Source: Company News Release
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by Larry Etter

Clorox (CLX)

Clorox Post Earnings Increase; Increases Guidance

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

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