Olive Garden-owner Darden says 1st-quarter profit rises 15 pct even as sales fallSeptember 30th, 2009 Darden 1Q profit rises 15 pct even as sales fallORLANDO, Fla. — Darden Restaurants Inc., owner of the Olive Garden and Red Lobster chains, said Tuesday that its first-quarter profit rose 15 percent even as sales fell because food costs were lower than expected.
Nike's first-quarter profit unchanged from a year ago even as worldwide revenue fellSeptember 30th, 2009 Nike's profit same in 1Q as a year earlierBEAVERTON, Ore. — Nike Inc.
Popeyes' owner AFC Enterprises sees second-quarter profit slide 3 percentAugust 20th, 2009 AFC Enterprises' second quarter profit falls 3 pctATLANTA — Restaurant operator AFC Enterprises Inc. said Wednesday that its second-quarter profit fell 3 percent as sales dipped.
Retailers' 2nd-quarter profits show strides in profitability but where are the sales?August 18th, 2009 Snapshot of retailers' 2nd-quarter earningsSecond-quarter profits from major retailers underscore how cost-cutting moves helped profitability, and the market saw reason for hope in the four reports Tuesday. But retailers continue to grapple with weak consumer spending.
Wendy's/Arby's Group moves to $14.9M profit in 2nd quarter, misses revenue forecastsAugust 6th, 2009 Wendy's/Arby's Group moves to $14.9M profit in 2QCHICAGO — Wendy's/Arby's Group Inc. said Thursday it plans to launch a premium bacon cheeseburger at its Wendy's chain in October, setting up a head-to-head battle with McDonald's Corp.'s new Angus burgers that became available nationwide this summer.
MetroPCS, Limited Brands, Amex, Buckle, P&G are among big market movers ThursdayAugust 6th, 2009 MetroPCS, Limited Brands, Amex are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
MetroPCS Communications Inc., down $3.70 at $8.99
The low-cost wireless carrier had higher operating costs in the second quarter, and said its customer turnover rate increased. Brinker International Inc., down $3.21 at $15.12
The restaurant company posted profit partly due to the sale of its Romano's Macaroni Grill chain, but its outlook disappointed Wall Street.
Retail, luxury group PPR 1st half profit down 76 pct on lower demand at Conforama, FNAC chainsJuly 31st, 2009 PPR H1 net income fallsPARIS — Retail and luxury group PPR SA on Friday reported a 76 percent drop in earnings for the first half after sales fell at its Conforama furniture stores, FNAC books-to-electronics chain and its Redcats catalog unit. PPR, owner of the Yves Saint Laurent and Gucci brands, said net profit in the six months through June dropped to euro189 million ($265.6 million) from euro777 a year earlier, when it made a capital gain on the sale of YSL Beaute cosmetics unit.
Earnings roundup: US Steel posts loss as steel demand falls; Supervalu profit falls, cuts viewJuly 28th, 2009 Earnings roundup: US Steel, SupervaluAmong the earnings stories for Tuesday, July 28, from AP Financial News:
PITTSBURGH (AP) — United States Steel Corp., the largest U.S.-based steel maker, said Tuesday it lost $392 million during its second quarter as the global recession hurt orders for the metal. MINNEAPOLIS (AP) — Grocery chain Supervalu Inc.
Earnings roundup: PepsiCo 2Q profit, sales drop; Eli Lilly earnings climb 21 percentJuly 22nd, 2009 Earnings roundup: PepsiCo, Eli LillyAmong the earnings stories for Wednesday, July 22, from AP Financial News:
MILWAUKEE (AP) — Soft-drinks and snack maker PepsiCo's second-quarter profit and sales dropped slightly as consumers continued limiting their purchases of soft drinks but bought more snacks as the company promoted larger bags of chips. INDIANAPOLIS (AP) — Eli Lilly and Co.'s second-quarter profit rose 21 percent but the drugmaker's share price lagged Wednesday, as investors wait to learn more about how the company will handle a daunting revenue hole that looms a few years away.
Kroger's 1Q profit soars 12.7 percent as consumers tighten budgets by buying meals at groceryJune 23rd, 2009 Kroger's 1Q profit soars 12.7 as more eat at homeCINCINNATI — Grocery operator Kroger Co. says first-quarter profit shot up 12.7 percent, as recession-hit households continue to eat at home more and seek food bargains.
McDonald's May same-store sales climb 5.1 percent on cost-conscious consumersJune 8th, 2009 McDonald's May same-store sales rise 5.1 percentNEW YORK — McDonald's Corp. said Monday its same-store sales climbed 5.1 percent in May, boosted by strong international sales but weighed down by slower sales growth in the U.S.
Wendy's/Arby's posts $10.9 million loss in 1st quarter due partly to $15 million chargeMay 8th, 2009 Wendy's/Arby's posts $10.9M loss in 1QNEW YORK — Wendy's/Arby's Group says it posted a $10.9 million loss in the first-quarter as Arby's sales fell and it took a one-time $15 million charge, in part, to integrate the two fast food chains. The quick-service restaurant chain lost 2 cents per share in the period.
Carrols Restaurant Group shares rise on better-than-expected 1st quarter preliminary resultsApril 23rd, 2009 Carrols shares rise on 1Q preliminary resultsNEW YORK — Shares of Burger King restaurant franchiser Carrols Restaurant Group Inc. jumped Thursday after it reported better-than-expected preliminary results for its first quarter.
Yum Brands says 1Q profit falls 14 percent mainly on stronger dollarApril 22nd, 2009 Yum Brands 1Q profit down 14 pctLOUISVILLE, Ky. — Restaurant operator Yum Brands Inc.
Bharat Petroleum's third quarter profit up 172 percentJanuary 28th, 2009 NEW DELHI - State-run refiner Bharat Petroleum Corp Ltd (BPCL) Thursday announced 172 percent rise in net profit for the quarter ended Dec 31 over the year-ago period. The company's net profit went up to Rs.7.9 billion (Rs.790 crore/$161 million) in the third quarter from Rs.2.9 billion a year ago.
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