US Supermarkets Are Cited as Ahold Misses Profit Goal
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Just as its United States wholesale food division showed signs of recovering from an accounting scandal, Royal Ahold reported on Thursday that its slumping
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Natural and organic foods retailer Wild Oats Markets Inc.  and Pathmark Stores Inc.  both warned on Monday that their full-year results would miss Wall Street forecasts because profit margins were being squeezed by aggressive price cuts.
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Safeway Inc. , the third-largest U.S. grocer, on Tuesday reported a lower quarterly profit as it grappled with lingering costs from a labor strike in California earlier this year.
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Top US retailers reported double-digit profit gains in the third quarter, with industry titan Wal-Mart Stores Inc. leading the pack and brightening its outlook for the key holiday season underpinned by the recent drop in oil prices.
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The doughnut chain reported sharply lower quarterly  earnings on Thursday that missed Wall Street's expectations as  it tries to overhaul operations after being battered by popular  low-carbohydrate diets. Its shares closed at $15.36 on the New  York Stock Exchange.
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Kroger Co., the largest US grocer, reported a lower quarterly profit Tuesday, hurt by debt costs even as sales rebounded in Southern California where it was hit by a strike.
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Albertsons Inc. ABS.N, the No. 2  U.S. grocer, on Tuesday reported a substantial drop in its  quarterly profit as heavy promotions to revive its Southern  California sales after a strike bit into its profit.
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The supermarket chain looks likely to ring up profits for investors, but they should wait for a sale.
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American Greetings Corp. (AM) on Thursday said weak sales in its retail and seasonal gift wrap businesses dragged down quarterly profit from operations, though net income rose due to a
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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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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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From discounters to upmarket department stores, many US retailers have reported lacklustre sales for September. Although the hurricanes which battered much of the east coast of the US during the month were
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Sales at major US retail chains edged barely higher last week, likely crimped by high gasoline prices, a survey showed.
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The global food retailer Ahold NV, which owns the Stop &amp; Shop and Giant supermarket chains in the United States, reported a wider loss Wednesday for the third quarter mainly because of one-time charges.
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Albertsons Inc. ABS.N, the No. 2  U.S. grocer, on Thursday posted higher quarterly profit, but  warned that full-year earnings could hit the low end of its  estimates due to competition and skittish consumers, sending  shares down 6 percent.
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Business & money: Electrical goods retailer says annual profit will miss forecasts by as much as Â£50m after poor Christmas
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The state's supermarket chains ran up a deficit of $365,000 as they tried unsuccessfully to stave off defeat of a ballot question that would have allowed more food stores to sell wine. Total spending on the question set a state record of $12.5 million.