Cadbury 2007 profits dip, says 2008 encouraging
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Britain's Cadbury Schweppes Plc  on Tuesday reported a 2 percent dip in 2007 profits but added it was encouraged by the good trading momentum it had seen in the new year and saw margin improvement in 2008.
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The company said on Friday that its profit fell on price declines for its mainstay computer memory chips, but expressed confidence a rebound in the market would bolster earnings.
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Krispy Kreme&#39;s reputation crumbled yesterday as the US doughnut maker abandoned its earnings guidance after it reported a sharp drop in quarterly profit.
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Cadbury Schweppes has warned that its full year results will be at the lower end of its expectations. The world&#39;s biggest confectioner said that wet weather had held back sales of soft drinks in France and Spain.
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Krispy Kreme Doughnuts Inc.(KKD.N: Quote, Profile, Research) on Thursday reported a sharp drop in quarterly profit and signaled that business may not recover any
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European stocks declined, led by food and beverage companies including Cadbury Schweppes Plc and Groupe Danone SA after Unilever, the world&#39;s largest maker of food and soap, cut its full-year earnings forecast.
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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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Blames weak pound DCC Plc today scaled back its operating profit growth expectations for the year ended 31 March 2008, saying it had been hampered by weaker sterling.â¦
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Greggs, the UK's largest bakery chain, blames tough trading conditions for a drop in full year profits.
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The Coca-Cola Company said yesterday that profit fell 22 percent after its largest bottler wrote down the value of its North American unit on reduced soda sales and higher raw material costs.
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The world&#39;s biggest confectioner, Cadbury Schweppes, says its full-year results will be at the lower end of target ranges after a wet summer hit soft drinks sales in Europe.
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Troubled grocery chain J Sainsbury PLC, Britain&#39;s third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.
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US doughnut giant Krispy Kreme reports a fall in income and widening losses for the second quarter of 2007.
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Dow Chemical Co  on Tuesday reported a drop in quarterly profit that was not as steep as analysts had expected as growth overseas helped offset weak housing and auto markets and spiraling energy and raw material costs.
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Dean Foods Co  reported lower-than-expected fourth-quarter profit and said it was uncertain about raw milk costs in 2008, sending its shares down as much as 8.5 percent.
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Krispy Kreme Doughnuts said second-quarter net income fell 55 percent to $5.8 million, the latest reported setback for the one-time Wall Street darling.
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The Hershey Company lowered its profit forecast for 2006 Wednesday because of a recall of Canadian candy last month and lower-than-expected sales.