Kingfisher's strong half boosts full-year forecasts

Article Abstract:

Kingfisher PLC, a retailer based in the United Kingdom, is expected by analysts to top its full-year forecasts because it manages to increase pre-tax profit by 22% to 182.6 million pounds sterling before extraordinary items in the first six months of 1998. A 44.7 million pounds sterling extraordinary gain on a value-added-tax rebate was beneficial to the overall pretax profit. Kingfisher is predicted by Salomon Smith Barney to report a profit of 580 million pounds sterling for the whole year of 1998, up from the previous forecast of 570 million pounds sterling.

Comment:

Is expected to top its full-year forecasts because it manages to increase pre-tax profit by 22% in the 1st 6 months of 1998

United Kingdom, Building Materials, Retail, Building Material and Supplies Dealers, Kingfisher PLC, Article

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Swiss chocolate makers enjoy strong sales as their costs rise

Article Abstract:

Sales remain strong for Switzerland's chocolate manufacturers Chocoladefabriken Lindt und Sprungli AG and Barry Callebaut S.A. Sales for Lindt increased by 14% in 2007 to 2.95 bil Swiss francs, while first fiscal-quarter sales for Barry Callebaut climbed 22% to 1.42 bil Swiss francs. Costs associated with higher prices for raw materials such as cocoa are being managed.

Chocolate and Confectionery Manufacturing from Cacao Beans, Chocolate and cocoa products, Chocolate & Cocoa Products, Switzerland, Company sales and earnings, Chocolate industry, Company earnings/profit, Chocoladefabriken Lindt und Sprungli AG, Financial report, Barry Callebaut S.A.

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Rise in Old Navy, Banana Republic sales fills gap

Article Abstract:

Gap Inc. posted a 43% increase in its net income for the 1999 second-quarter. The company, helped by the strong sales in its Old Navy and Banana Republic stores, posted $195.8 million (183.6 million euros) in net income.

United States, Family clothing stores, Finance, GPS, Clothing stores, Gap Inc.

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