Marketing Cost Cited as Profit Falls at Campbell
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The Campbell Soup Company said yesterday that fourth-quarter profit declined 20 percent, the biggest drop in more than two years, as costs for marketing and job cuts rose.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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Farming supply retailer Tractor Supply  Co. TSCO.O on Monday reported that its earnings fell in the  third quarter because of higher freight costs, higher costs for  steel and other commodities and a shift in sales to lower  margin hurricane-related items.
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Withdraws guidance for 2007 Circuit City had a crap first quarter, losing $54.6m, against net income of $6.4m same time last year. Net sales fell 4.3 per cent, driven by a comparable store sales decline of 5.6 per cent. Gross profit margins fell 1.9 per cent on lower merchandise margins and lower take-up of extended warranties.â¦
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The printer maker said its second-quarter profit declined 16 percent, to $64.2 million, on lower consumer segment sales and higher costs.
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Kraft Foods Inc. KFT.N on Tuesday  posted a 28 percent drop in quarterly profit, weighed down by  restructuring and higher costs for cheese, coffee and other  commodities.
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Campbell Soup Co. CPB.N on Monday   posted lower quarterly profits, pressured by costs from the   sale of its U.K. and Irish businesses, pushing its shares down   more than 2 percent.
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Oil and gas producer Kerr-McGee Corp.  KMG.N on Wednesday reported a fall in quarterly profit,  citing a writedown related to a pigment plant and higher  environmental charges.
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Costco Wholesale Corp.  on Thursday said its quarterly profit fell, hurt by charges for expensing stock options.
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Gap says profit was lower for the past three months of the year, hurt by the costs of closing its Forth & Towne arm.
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Shares in James Hardie Industries have fallen sharply after the embattled building products group posted a 17 percent fall in net profit blamed on the costs of an inquiry into its handling of compensation claims by asbestos victims.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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(Corrects second paragraph to show earnings of $17,000, not $28,000)     NEW YORK  - Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.
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Albertsons Inc. ABS.N, the  second-largest U.S. grocer, on Tuesday reported a substantial  drop in second-quarter profit due to costly promotions aimed at  reviving sales following a Southern California labor strike.
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The newspaper publisher and television station operator said third-quarter profit fell to $2.5 million as ad revenue slumped.
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Campbell Soup Co., the world&#39;s biggest soupmaker, said fourth-quarter profit declined 20 percent, the biggest drop in more than two years, because of falling sales and costs to fire workers.
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Brown Shoe Co. Inc.  said on Thursday quarterly profit fell, hurt by a charge and lower-than-expected sales in its wholesale division.