Bed Bath & Beyond profit rises, shares slip
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Bed Bath &amp; Beyond Inc.  on  Wednesday said quarterly income rose slightly, meeting Wall  Street estimates, as strong sales at established stores offset  costs for stock-based compensation.
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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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Consumer products maker Georgia-Pacific Corp. on Thursday posted a larger third-quarter profit, lifted by increased prices on tissue, packaging and paper products and stronger results from its building products division.
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Bed Bath & Beyond reduces its earnings forecast for the first time in 15 years.
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The companyâs second-quarter profit rose 37 percent after factoring in losses from assets it sold, but on a continuing basis results fell on buyout costs at its newspapers.
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Gillette Co. G.N on Thursday said  fourth-quarter profit climbed 13 percent as consumers traded up  to high-end products such as its M3Power razor and Oral-B Sonic  Complete toothbrush.
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Procter & Gamble, the consumer products company, said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the sale of its juice business.
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The world's largest home improvement retailer on Tuesday  said quarterly profit rose topping estimates, as technology  upgrades and other store improvements helped boost sales. Its  shares closed at $33.98 on the New York Stock Exchange on  Monday.
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Marriott International said its second-quarter profits rose a better-than-expected 11 percent, but shares were down on concerns about slowing growth.
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Diversified health-care company Johnson & Johnson  on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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Procter & Gamble Co. PG.N on  Wednesday said quarterly profit rose 14 percent, boosted by  demand for products like Head & Shoulders shampoo and Olay  beauty products, and a gain from the recent sale of its juice  business.
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United Parcel Service Inc. UPS.N  said on Thursday its quarterly profit rose but missed  expectations as shortfalls in its U.S. package business and  rising fuel prices offset strength internationally.
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Number two global home appliance  maker Electrolux (ELUXb.ST) posted a surprise rise in  fourth-quarter profit on Wednesday as European demand offset a  U.S. slowdown, pushing its shares up by nearly a fifth.
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Procter & Gamble Co  on Tuesday posted a 14 percent increase in quarterly profit, helped by sales of Gillette razors, Charmin toilet paper and Pampers diapers, the weaker dollar and cost-cutting measures.
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Procter & Gamble Co  on Tuesday  posted a 14 percent increase in quarterly profit, helped by  sales of Gillette razors, Charmin toilet paper and Pampers  diapers, the weaker dollar and cost-cutting measures.
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The home-furnishings retailer said first-quarter profit rose after customers bought less bedding and curtains as home sales slowed.
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The home goods retailer Bed Bath & Beyond posted a lower fiscal third-quarter profit and warned that this quarterâs results would be lower than expected.