Rising Costs Cut Cott's Drink Profit
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Cott Corp. BCB.TO COT.N, the  world's largest maker of store brand drinks, reported a 14  percent fall in third-quarter earnings and cut its year profit  outlook on  Wednesday as U.S. growth drove up costs.
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City analysts were slashing their forecasts for profits at J Sainsbury yesterday after the struggling supermarket group admitted its first-half profits would be two thirds lower than last year&#39;s.
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Coca-Cola Co. , the world's  largest soft-drink maker, on Wednesday reported lower  fourth-quarter net profit, hurt by an $2.9 billion impairment  charge at its largest bottler.
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Dutch brewer Heineken reported on Wednesday that net profit last year slumped by 33.4 percent owing to extra costs in contrast to exceptional gains in 2006, and said costs were pushing up its beer prices.
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Coca-Cola Bottling Co. Consolidated, the Coca-Cola Co.&#39;s major bottler and distributor in the Southeast, said Wednesday that third-quarter profit fell as bad weather, high fuel prices and fewer promotions led to lower volume.
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Cott Corp., a maker of store-brand soft drinks, lowered its 2004 profit outlook Monday because of increasing raw material costs, and predicted 2005 results that fall short of Wall Street estimates.
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UK brewer Scottish & Newcastle, warns of "substantial price increases" to offset rising costs.
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Dean Foods Co., the nation's largest processor and distributor of milk and dairy products, cut its profit forecast on Tuesday due to soaring costs for raw milk, sending its shares down as much as 5.5 percent.
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Cadbury Schweppes, the world&#39;s biggest confectioner, today forecast disappointing annual profits after a wet summer dampened drink sales in Europe.
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The largest U.S. candy producer saw a 98% drop in profits due to charges related to job cuts and higher dairy costs.
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TORONTO (CP) - High prices for commodities such as crude oil and aluminum forced soft-drink company Cott Corp. to warn Monday that its 2004 financial results may fall short of its previous forecast.
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ALES are still falling at Marks &amp; Spencer, the company revealed today, sparking fresh fears for the retailerâs recovery. The group confirmed that half-year profits will be between Â£285m-295m, in line with
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Hershey Co.  on Thursday again cut its 2007 profit forecast as it spends more to try to jump-start flagging sales, while charges for a supply chain overhaul and higher dairy costs led to a drop in second-quarter profit.
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Coca-Cola Co. , the world's largest soft-drink maker, on Wednesday reported lower fourth-quarter net profit, hurt by an $2.9 billion impairment charge at its largest bottler.
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Rising sales of core spirit brands have helped drinks giant Allied Domecq report a rise in annual profits. The owner of Courvoisier cognac and Beefeater gin said full-year pre-tax profits before exceptional items rose 6% to Â£521m ($942.
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Supermarkets are taking business from pubs and the cost of fighting back with price cuts is hitting sales and profits, JD Wetherspoon says.
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The deep-discount chain reports lower sales and profits as consumables eat at margins.