BJ's Profit Rises; Food, Gas Sales Strong
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BJ's Wholesale Club Inc. BJ.N on  Tuesday posted higher quarterly profit as soaring gasoline  prices and strong demand for food boosted sales.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Bed Bath & Beyond Inc.  on Wednesday posted a 24 percent rise in its quarterly earnings as demand for its household goods remained strong.
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Oilfield services company Baker Hughes  Inc.  on Friday said its quarterly profit surged in the  face of booming oil prices and strong demand from energy  producers.
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Safeway Inc. , the  third-largest U.S. grocery chain, posted a jump in  second-quarter profit on Thursday, aided by strong sales of  gasoline and a benefit related to a tax refund.
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Profits got a boost despite sluggish sales from the challenging environment.
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Hormel Foods Corporation posted a higher quarterly profit and gave a forecast for current-quarter earnings that was higher than analystsÂ estimates.
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Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the recent divestiture of its juice business.
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HOUSTON -- BJ Services Co., which provides oil-pumping services, Tuesday posted a 42 percent jump in profit for its latest quarter, but warned that fiscal 2005 estimates would fall below Wall Street&#39;s expectations.
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The food company said that strong performance from its commodities trading group helped it overcome the cost of a pot pie recall and post a 15 percent jump in 2nd-quarter earnings.
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Oilfield services company Baker Hughes Inc.  said on Thursday that quarterly profit rose as higher sales and a benefit from an accounting change helped offset a one-time charge.
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The beer, wine and spirits company posted a quarterly profit far above Wall Street estimates, sending its shares up sharply.
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Fast-food chain Jack In The Box  Inc. JBX.N on Wednesday reported a higher-than-expected 32  percent rise in quarterly net profit, helped by sales of new  products like sourdough sandwiches and a lower tax rate.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Anheuser-Busch Cos. Inc.  on  Wednesday posted a better-than-expected 7.4 percent increase in  quarterly profit on strong U.S. growth led by Bud Light,  imports such as Grolsch and lower-than-expected costs.
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Procter & Gamble Co. PG.N on  Wednesday said quarterly profit rose 14 percent, boosted by  strong sales and a gain from the recent sale of its juice  business.
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Kroger Co. , the largest U.S. grocery chain, said on Tuesday that quarterly profit rose 15.8 percent, as shoppers were enticed by remodeled stores and improved perishable goods, and it raised its earnings view for the year.