Best Buy 2nd quarter falls below expectations, but company raises guidanceSeptember 15th, 2009 Best Buy 2Q misses expectations; raises guidanceRICHFIELD, Minn. — Best Buy Co., the largest U.S.
Williams-Sonoma profit drops on charges; raises outlook, citing improved sales trendAugust 26th, 2009 Williams-Sonoma 2Q profit falls partly on chargesSAN FRANCISCO — Williams-Sonoma Inc. said Wednesday that its profit tumbled in the second quarter on charges related to underperforming stores and lower sales.
Target's 2nd-quarter profits fall 6.3 pct, but results well exceed estimates amid cost-cuttingAugust 18th, 2009 Target's 2Q profit falls 6.3 pct, beats estimatesNEW YORK — Target Corp.'s second-quarter profit fell 6.3 percent, but it beat Wall Street forecasts, and executives credited the higher profit to a focus on controlling expenses and declining crude oil prices, which lowered transportation costs. Company officials said during a conference call with investors Tuesday that early signs for the back-to-school season are encouraging and Target should meet its forecast for annual earnings per share of $2.97.
Earnings roundup: Wal-Mart 2Q income unchanged, Kohl's profit dips in 2Q but still beats viewsAugust 13th, 2009 Earnings roundup: Wal-Mart, Kohl'sAmong the earnings stories for Thursday, Aug. 13, from AP Financial News:
NEW YORK (AP) — Wal-Mart Stores Inc.
Supervalu 1st-quarter profit slips, but adjusted results top Wall Street's expectationsJuly 28th, 2009 Supervalu 1Q profit falls as sales declineMINNEAPOLIS — Grocery chain Supervalu Inc. said Tuesday that its fiscal first-quarter profit dropped 30 percent as sales and profit margins softened as it cut prices and spent more on promotions.
Supervalu 1st-qtr profit plunges, co. lowers forecast, but adjusted results top expectationsJuly 28th, 2009 Supervalu 1Q profit down, co. lowers forecastPORTLAND, Ore.
Whirlpool 2nd-quarter profit falls on softer consumer demand for home appliancesJuly 22nd, 2009 Whirlpool 2Q profit falls on lower consumer demandBENTON HARBOR, Mich. — Whirlpool, the world's largest maker of major home appliances, says its second-quarter profit fell 33 percent as consumer demand for its products significantly weakened.
Weis Markets 2nd-quarter profit climbs on improved sales of perishables, private label itemsJuly 20th, 2009 Weis Markets 2Q profit rises on increased salesSUNBURY, Pa. — Weis Markets Inc., which runs supermarkets in five mid-Atlantic states, said Monday that its second-quarter profit climbed 19 percent on improved sales of perishables and private label items.
Spartan Stores to highlight more than 2,400 products with Michigan's Best campaignJuly 4th, 2009 Spartan Stores to highlight 2,400 Mich. productsGRAND RAPIDS, Mich.
H&M 2Q profit rises 6.4 percent, helped by new store openings and weaker Swedish kronaJune 25th, 2009 H&M 2Q net profit rises 6.4 pctSTOCKHOLM, Sweden — Swedish fashion chain Hennes & Mauritz on Thursday said net profit in its latest fiscal quarter rose 6.4 percent, helped by new store openings and a weaker Swedish krona. Europe's second-largest fashion retailer said net profit in the three months to May 31, its fiscal second quarter, increased to 4.2 billion kronor ($534 million) from 3.9 billion in the same period a year ago.
Sara Lee's 3rd-quarter profit falls on consumer pullback; adjusted results top Wall StreetMay 9th, 2009 Sara Lee's 3Q profit falls 22 percentDOWNERS GROVE, Ill. — Food maker Sara Lee says its fiscal third-quarter profit fell 22 percent as sales dropped on a consumer spending pullback and the stronger dollar.
Consumer products maker Unilever reports 45 percent fall in 1st-quarter net profit, sales dipMay 8th, 2009 Unilever first-quarter net profit falls 45 percentAMSTERDAM — Unilever NV, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported a 45 percent fall in net profit for the first quarter, as sales dipped and restructuring costs increased. The company says net profit was euro731 million, down from euro1.34 billion.
CVS Caremark's 1st-quarter profit falls on higher costs, acquisition chargesMay 5th, 2009 CVS Caremark profit falls on costs, chargesNEW YORK — CVS Caremark Corp. said Tuesday that charges and higher costs outweighed a boost in the drugstore operator's pharmacy sales, pushing first-quarter profit down slightly.
Chevron says first-quarter profit falls 64 percent on lower crude, gas pricesMay 1st, 2009 Chevron 1Q profit falls 64 pct as oil prices fallHOUSTON — Chevron Corp. says its first-quarter profit fell 64 percent as it, along with competitors, was stung by lower oil and natural gas prices.
Waste Management 1st-qtr profit falls 36 pct, with trash, prices for recycled goods downApril 29th, 2009 Waste Managment 1Q fallS 36 pct, hurt by recyclingHOUSTON — Waste Management Inc., the nation's largest garbage collector, says its first-quarter profit fell 36 as the recession hurt prices of recycled goods and lowered the amount of trash picked up. The Houston-based company says net income totaled $155, or 31 cents per share, down from $241 million, or 48 cents, in the first quarter of 2008.