Profit

Bakkavor To Rely On Price Recovery, Efficiency Boosts To Offset UK Budget Impact

Bakkavor Group plans to mitigate the impact of changes to National Insurance in the UK budget through price recovery and efficiency improvements.

Seven & i Sees Quarterly Profit Tumble 24%

Japan's Seven & i Holdings, operator of the 7-Eleven convenience store chain, said operating profit fell 24% in the latest quarter.

Cheerios-Maker General Mills Cuts Annual Profit Forecast

General Mills slashed its annual profit forecast as the Cheerios maker ramped up investments in promotions to attract cost-conscious consumers.

UK's Bunzl Says Lower Prices Will Impact 2024 Profit

British business supplies distributor Bunzl said that low prices, especially in continental Europe, would have a 'slight impact' on its annual profit.

Costco Tops Quarterly Sales, Profit Estimates On Steady Early Holiday Demand

Costco Wholesale beat first-quarter revenue and profit expectations on Thursday as its bulk and discounted offerings, appealing to budget-conscious America...

Belgium’s Colruyt Reports Decline In Revenue, Operating Profit In First Half

Belgium's Colruyt Group has reported a slight decline in revenue and operating profit in the first half of its financial year.

Cadbury Parent Mondelēz Exploring Hershey Acquisition: Report

Cadbury-parent Mondelez International is exploring the acquisition of chocolate maker Hershey, Bloomberg News reported.

Alimentation Couche-Tard Confident Despite A Challenging Second Quarter

Fuel operator Alimentation Couche-Tard remains confident in its global network and long-term strategic growth plan despite parts of its convenience and fue...