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Loblaw Q1 profit soars as strategic moves pay off, dividend going up
2015-05-06 14:27:48| Grocery - Topix.net
Loblaw Companies Ltd. is reporting a big jump in first quarter profit as it benefits from major strategic moves, including the purchase of Shoppers Drug Mart. Canada's largest grocery company says its net income was up 21.7 per cent from the same time last year, rising to $146 million and its adjusted net income was up 96.7 per cent to $301 million.
Delta Apparel returns to Q2 profit
2015-05-06 13:50:00| Daily apparel & textile news and comment - from just-style.com
US clothing business Delta Apparel swung to a net profit during its second-quarter, and said it expects even stronger earnings and sales improvements for the remainder of the year.
Tags: returns
apparel
profit
delta
Hugo Boss Q1 profit dips despite sales rise
2015-05-06 13:41:00| Daily apparel & textile news and comment - from just-style.com
Fashion business Hugo Boss recorded reduced net profit for the first quarter of 2015, despite revenue increases in all of its main regions.
Ab InBev profit jumps; strong dollar weighs
2015-05-06 10:38:10| Beverages - Topix.net
Anheuser Busch InBev NV said on Wednesday that a derivatives gain pushed up its net profit sharply in the first quarter, helping offset weak U.S. demand for the group's beers and the impact of a strong dollar on revenue from the rest of its global beer empire. AB InBev, the world's largest brewer, said net profit jumped to $2.68 billion in the three months to end-March from $1.37 billion in the same period a year ago.
Tags: strong
profit
dollar
jumps
Bad weather hurts Andersons profit
2015-05-06 10:00:09| Agriculture - Topix.net
Officials at The Andersons, which has grain elevators along the Maumee River, said 2015 will be a good year overall. THE BLADE A slow start to the growing season caused profits at The Andersons Inc. to drop nearly 90 percent in the first quarter, the company reported Tuesday.
Tags: bad
weather
profit
hurts
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