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Whirlpool Posts Higher Quarterly Profit
2015-10-23 14:12:39| Appliances - Topix.net
Whirlpool NYSE:WHR) posted a higher quarterly net profit on Friday as benefits from costs and capacity reductions, acquisitions, and favorable price-mix offset declining demand in Latin America and unfavorable currency exchange rates, the company said. The world's largest maker of home appliances reported third-quarter net income at $235 million, up from $230 million a year ago.
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Higher profit margin on fuel gives Kroger earnings boost
2015-09-12 13:01:44| Grocery - Topix.net
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Brown-Forman posts higher 1st-quarter profit
2015-08-26 21:29:09| Food - Topix.net
Brown-Forman Corp., the producer of Jack Daniel's Tennessee Whiskey, said Wednesday that its first-quarter net income rose 4 percent, driven by sales growth across much of its spirits lineup to overcome a negative impact from foreign exchange. The company behind such other brands as Southern Comfort, Finlandia vodka and el Jimador tequila said foreign exchange had a 9 percentage point negative impact on its reported net sales growth.
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LaZBoy profit up on higher sales, wider margins
2015-08-18 23:02:30| Furniture - Topix.net
Known for its namesake recliners and its "made in America" pledge, the Monroe, Mich., company last year stopped domestic production of wood furniture, exited the hospitality business and started importing wood furniture. Meanwhile, the company has been expanding its store footprint in the U.S. as part of a push to open 400 stores, averaging $4 million in sales, over five years--what it calls its 4-4-5 strategy.
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Sanofi reports higher profit in 2nd quarter
2015-07-30 09:53:03| Biotech - Topix.net
" Drugmaker Sanofi has reported a sharp rise in profits in the second quarter as higher sales from its Cambridge, Mass.-based biotech unit Genzyme helped offset by cuts in the price of the company's diabetes treatment Lantus in the U.S. Sanofi reported Tuesday net profit of 1.3 billion euros from April to June, up from 777 million euros a year earlier. Paris-based Sanofi, whose new CEO Olivier Brandicourt took over in April, said it's on track to hit earnings targets set out earlier this year, with flat to slightly higher earnings per share.
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