• Anheuser-Busch reported that its fourth quarter net sales rose to $3.69 billion, from $3.43 billion a year ago. Q4 net income increased to $214.1 million, from $190.7 million a year ago.
• Harris Teeter reported that its first quarter sales increased by 12.6 percent to $896.6 million, compared to sales of $796.3 million in the first quarter of fiscal 2007. Operating profit at Harris Teeter increased by 24.8 percent to $44.2 million in the first quarter of fiscal 2008 as compared to $35.4 million in the first quarter of fiscal 2007.
• CVS Caremark Corp. reported that its Q4 sales were up 82 percent to $21.94 billion from $12.07 billion a year prior.
• Procter & Gamble reported Q2 net income of $3.27 billion, versus $2.86 billion a year earlier. Revenue climbed 9 percent to $21.58 billion.
• Colgate-Palmolive reported Q4 earnings of $414.9 million, compared with $401.2 million a year ago. Sales rose 13% to $3.64 billion.
• Harris Teeter reported that its first quarter sales increased by 12.6 percent to $896.6 million, compared to sales of $796.3 million in the first quarter of fiscal 2007. Operating profit at Harris Teeter increased by 24.8 percent to $44.2 million in the first quarter of fiscal 2008 as compared to $35.4 million in the first quarter of fiscal 2007.
• CVS Caremark Corp. reported that its Q4 sales were up 82 percent to $21.94 billion from $12.07 billion a year prior.
• Procter & Gamble reported Q2 net income of $3.27 billion, versus $2.86 billion a year earlier. Revenue climbed 9 percent to $21.58 billion.
• Colgate-Palmolive reported Q4 earnings of $414.9 million, compared with $401.2 million a year ago. Sales rose 13% to $3.64 billion.
- KC's View:
