• Whole Foods reported that its third quarter net income was $34.9 million, up from $33.9 million during the same period a year ago. Q3 revenue was up two percent to $1.88 billion, on same-store sales that were off 2.5 percent.
CEO John Mackey said in a conference call with analysts that sales seemed to be stabilizing in every one of its regions, and that “it could be the economy is firming up and people are feeling like we are going to avoid a depression.”
• Harris Teeter said that its third quarter sales were up 4.1 percent to $964.2 million, on same-store sales that were off 1.42 percent. Operating profit at Harris Teeter was $42.8 million (4.44% of sales) for the third quarter of fiscal 2009, as compared to $44.5 million (4.81% of sales) in the third quarter of fiscal 2008.
• Kraft Foods said that its second quarter profits were $827 million, up 11 percent over the same period a year ago. Q2 sales were $10.2 billion, down six percent from a year ago.
• CVS Caremark said that its second quarter earnings were $886.5 million, up from $771.2 million during the same period a year ago. Q2 revenue rose 18 percent to $24.87 billion from $21.14 billion a year ago.
• Tyson Foods reports third quarter earnings of $134 million, an enormous increase over the $9 million earned during the same period a year ago. Sales dropped three percent to $6.66 billion.
• Walgreen said that its July sales were $5,256,800,000, an increase of 7.3 percent from $4,898,466,000 for the same month in 2008, on same-store sales that were up two percent.
CEO John Mackey said in a conference call with analysts that sales seemed to be stabilizing in every one of its regions, and that “it could be the economy is firming up and people are feeling like we are going to avoid a depression.”
• Harris Teeter said that its third quarter sales were up 4.1 percent to $964.2 million, on same-store sales that were off 1.42 percent. Operating profit at Harris Teeter was $42.8 million (4.44% of sales) for the third quarter of fiscal 2009, as compared to $44.5 million (4.81% of sales) in the third quarter of fiscal 2008.
• Kraft Foods said that its second quarter profits were $827 million, up 11 percent over the same period a year ago. Q2 sales were $10.2 billion, down six percent from a year ago.
• CVS Caremark said that its second quarter earnings were $886.5 million, up from $771.2 million during the same period a year ago. Q2 revenue rose 18 percent to $24.87 billion from $21.14 billion a year ago.
• Tyson Foods reports third quarter earnings of $134 million, an enormous increase over the $9 million earned during the same period a year ago. Sales dropped three percent to $6.66 billion.
• Walgreen said that its July sales were $5,256,800,000, an increase of 7.3 percent from $4,898,466,000 for the same month in 2008, on same-store sales that were up two percent.
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