Staples profit rises, sales measure disappoints
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Staples Inc. , the world's  largest office supplies retailer, reported on Thursday a  21.5-percent rise in quarterly profit, driven by increased  demand for its private label items and higher North American  retail sales.
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Nordstrom, the department store chain, said yesterday that fourth-quarter profit rose by 22 percent, less than analysts estimated, on increased sales of womenâs clothes.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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Staples Inc. SPLS.O, the top U.S.  office products retailer, on Tuesday reported a 26 percent jump  in quarterly profit due to higher sales of furniture,  back-to-school supplies and a strong performance in Europe.
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Albertsons Inc. ABS.N, the No. 2  U.S. grocer, on Thursday posted a 21 percent rise in quarterly  profit due to gains from two recent acquisitions and improved  sales from Southern California where it suffered a strike last  year.
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General Mills Inc , on Wednesday posted a 1 percent increase in quarterly profit, as higher sales were partially offset by more expensive marketing and a pizza recall.
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Office supplies retailer Office Depot  Inc.  on Friday said quarterly profit rose, helped by  sales in North America.
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United Parcel Service Inc. said on  Thursday its fourth-quarter net earnings grew, but missed its  initial forecast, after expected tax credits failed to  materialize, domestic package volume dropped sharply and  operating costs rose.
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he Hormel Foods Corporation posted a 62 percent increase in quarterly profit yesterday, though higher grain costs kept profit below analysts&#39; expectations.
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Hormel Foods Corp.  reported higher quarterly profit on Friday as price increases and sales of refrigerated items liked sliced pepperoni helped offset higher grain costs, but the results just missed the analysts' average estimate.
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Staples Inc. (SPLS.O: Quote, Profile, Research) , the top US office products retailer, on Tuesday reported a 39 percent jump in quarterly profit, raised its full-year forecast and said it plans to enter the fast-growing Chinese ...
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United Parcel Service Inc. UPS.N  said on Thursday its quarterly profit rose but missed analysts'  expectations as rising oil prices offset strength in its  international and non-package businesses.
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Nordstrom Inc.&#39;s profit jumped 62 per cent on strong sales and lower markdowns, the company said Thursday, but results missed Wall Street&#39;s forecast.
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The company reported a sharp decline in its fourth-quarter profit compared with results a year ago that were fattened by a gain, but sales were up 1.7 percent.
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Fourth-quarter earnings rose 42 percent from a year ago as profit margins at its U.S. stores improved despite higher commodity costs.
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Deere & Co.  said on Tuesday its quarterly earnings rose a better-than-expected 19 percent, but it forecast lower profits and flat sales in 2007 as weakness in the housing market weighs on sales.
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Office Depot Inc. , the world's No. 2 office-supplies retailer, said on Wednesday its quarterly profit rose 27 percent, but its sales fell short of Wall Street's expectations and its shares dropped 2.5 percent.