Profit

Louis Dreyfus Posts Higher Profit In FY 2021

Louis Dreyfus Company (LDC) reported a jump in annual profit, the latest crop merchant to show a boost in earnings as economic activity recovered from the...

General Mills Raises Annual Sales, Profit Outlook On Higher Prices

General Mills Inc raised its full-year core sales and profit forecast, encouraged by higher prices and strong demand for the Cheerios maker's cereals, snac...

Brazil's JBS Beats Analysts Expectations With Q4 Earnings Of $1.31bn

JBS SA earned $1.31 billion in the final quarter of 2021, beating analysts' expectations on the back of sales to China, the destination of more than a...

Like-For-Like Sales Up, Net Profit Down At Spain's Mercadona

Spanish supermarket chain Mercadona reported 3.3% annual growth in like-for-like sales, to €27.8 billion, in its financial year 2021.

Kesko Group Posts Sales Worth €852.1m In February

Finland’s Kesko has reported a 6.8% year-on-year increase in sales (+6.9%.on a like-for-like basis), to €852.1 million, in February.

Bakkavor Group Well-Positioned To Mitigate Inflationary Headwinds

Prepared food company Bakkavor has said it is well-positioned to mitigate inflationary headwinds on the back of continued price recovery with customers, st...

JD.com Posts Quarterly Loss As Costs Rise, Revenue Growth Slows

JD.com posted a quarterly loss as its operational costs surged, and reported its weakest revenue growth in six quarters amid slowing consumer spending.

Supply Disruption, Soaring Energy Costs Could Hit UK Grocers' Growth: NielsenIQ

Global food supply disruption due to Russia's invasion of Ukraine plus soaring energy and fuel costs could slow down growth in supermarket volumes, Nielsen...