Yum profit beats street, shares fall on outlook
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Yum Brands Inc, operator of the KFC, Taco Bell and Pizza Hut chains beat Wall Street's profit target on Monday, but its shares fell 2.3 percent after its boosted 2008 earnings per share forecast just missed analysts' target.
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Kroger Co. , the largest US grocer, on Tuesday reported a lower quarterly profit, hurt by debt costs even as sales rebounded in Southern California where it was hit by a strike.
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Hormel Foods Corp.  on Wednesday reported a quarterly profit that was little changed from a year earlier, but topped Wall Street's estimates by a penny as strong demand for pork and turkey offset higher expenses.
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SAN FRANCISCO (CBS.MW) -- Yum Brands came in slightly ahead of Wall Street&#39;s third-quarter forecasts with a 13 percent gain in earnings even as commodity prices rose.
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Krispy Kreme Doughnuts Inc., the No. 2 US doughnut maker, said second-quarter earnings fell 56 percent, hurt by higher costs. Shares fell 19 percent after the company missed analysts
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Yum Brands Inc. YUM.N on Monday   said sales at its U.S. fast-food restaurants open at least a   year were flat in the latest four-week period, beating Wall   Street estimates, as results improved at its Pizza Hut chain.
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Standard &amp; Poor&#39;s Equity Research maintained its &quot;hold&quot; rating for Krispy Kreme Doughnuts (nyse: KKD - news - people ) after the doughnut chain reported lower-than-expected third-quarter earnings.
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Procter & Gamble Co.  and its smaller rival Colgate-Palmolive Co.  posted slightly better-than-expected quarterly profits on Tuesday and signaled that their businesses look good for the rest of 2007, but the results failed to excite Wall Street, and their shares slipped in morning trading.
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U.S. stocks were little changed on  Friday as disappointing earnings from McDonald's Corp. MCD.N  offset better-than-expected results from Microsoft Corp.  MSFT.O.
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US stocks fell after Colgate- Palmolive Co., the world&#39;s largest toothpaste producer, reduced its profit forecast and PMC-Sierra Inc.
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Package delivery company FedEx Corp  on Thursday said quarterly profit rose despite a slowing U.S. economy, but lowered its full-year earnings outlook, sending its shares down more than 2 percent.
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Dean Foods Co. Inc. (DF.N: Quote, Profile, Research) on Wednesday posted a 67 percent drop in third-quarter profit as volatile milk and butter prices and diminished consumer appetite for
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Food distributor Sysco Corp. (SYY.N: Quote, Profile, Research) on Monday posted an 8.2 percent rise in quarterly profit as cost cuts helped offset sluggish business
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Shares of restaurant company Yum  Brands Inc.  slipped on Tuesday after a suspected E.coli  outbreak linked to several Taco Bell restaurants made it the  latest company to report a food scare that has worried some  consumers and investors.
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Fast-food company Yum Brands Inc.  YUM.N on Tuesday reported a better-than-expected rise in  quarterly earnings, helped by a lower tax rate, and raised its  2005 outlook due in part to its booming KFC business in China.
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Krispy Kreme Doughnuts Inc. KKD.N on  Thursday posted sharply lower quarterly earnings, signaled that  the second half of the year would be weak and scaled back store  openings after it was battered by the low-carbohydrate diet  craze.
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FedEx Corp  on Thursday reported higher quarterly profit despite a slowing U.S. economy, but lowered its full-year earnings outlook, sending its shares down nearly 2 percent.