Financial Results: latest news, insights and analysis | ESM Magazine

General Mills Lifts Profit View On Cost Cuts, Price Hikes

General Mills' quarterly profit beat Wall Street estimates, and the Cheerios cereal-maker raised its full-year forecast, benefitting from its efforts to cu...

Brown-Forman Posts 3% Increase In Q3 Net Sales

The parent of Jack Daniel's, the Brown-Forman Corporation, has posted a 3% year-on-year increase in net sales, to $904 million (€799.6 million),...

Dollar Tree Chops Value Of Family Dollar Brand, To Shut 390 Stores

Dollar Tree Inc announced plans to close hundreds more Family Dollar stores on Wednesday as it wrote off $2.7 billion (€2.39 billion), or nearly a thi...

Brazilian Retailer GPA's Food Division Sees Revenue Up 12% In Q4

Net sales revenue at Brazilian retailer GPA SA's food division rose 12% year-on-year in the fourth quarter to R$14 billion (€3.3 billion), according t...

Cargill Net Earnings Drop 20%, Revenues Fall As Trade Fight Bites

Grains trader Cargill Inc on Thursday reported a 20% drop in its fiscal second-quarter 2019 net earnings, as global trade tensions hit the bottom line alon...

Kimberly-Clark CEO To Step Down Next Year, Results Beat Estimates

Paper products giant Kimberly-Clark Corp. reported better-than-expected quarterly results on Monday, saying that long-time chief executive officer Tho...

Russia's Magnit Sees Net Income Decline 14.3% To RUB 18bn In H1

Russian retailer Magnit has posted a decline in net income for H1 2018 to RUB 18 billion, a drop of 14.3% year on year. Gross profit also saw a year-on-...

Colgate-Palmolive Sales Fall Below Street View; Latin American Sales Dip 7%

Colgate-Palmolive Co, the world's largest toothpaste maker, reported quarterly sales on Friday that fell below Wall Street estimates, as sales in Latin Ame...