Sales Rise at Campbell Soup
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The Campbell Soup Company reported an increase in first-quarter sales yesterday but its profits were down slightly from the period a year earlier, when it recorded a huge tax break.
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Campbell Soup Co.  posted higher quarterly profit on Friday, helped by higher prices, and raised its full-year profit forecast.
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Higher prices and increased marketing helped sales, and it raised its full-year 2008 forecast.
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Campbell Soup Co  on Thursday  posted quarterly profit below analysts&#39; estimates despite  strong sales of its V8 vegetable juice, as the company  overhauled its supply chain in Australia and Indonesia.
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June sales at Wal-Mart Stores Inc. and Costco Wholesale Corp. rose more than analysts estimated after consumers increased spending on groceries and electronics.
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Sales by retailers rebounded by a stronger-than-expected 1.4 percent in May as consumers shrugged off higher gasoline prices and increased spending on cars, clothing and building materials, a Commerce Department report showed on Wednesday.
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Retail sales rose more than twice as  much as expected in May, while import prices surged, adding to  recent data suggesting the U.S. economy is recovering strongly  after a slowdown in the first quarter.
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Costco Wholesale Corp.  on  Thursday reported a 6 percent rise in June sales at stores open  at least a year.
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U.S. chain store retail sales rose in  the latest week, a report said on Tuesday.
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U.S. chain store sales rose in the first week of January, as larger than average purchases were the reason for this weeks growth, a report said on Tuesday.
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The sales numbers are encouraging as this outdoors retailer expands.
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U.S. chain store retail sales rose in  the latest week after sizable back-to-back declines, as  consumers took to the stores for holiday shopping, a retail  report said on Tuesday.
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Costco Wholesale Corp  reported on Thursday a 6 percent rise in June sales at stores open at least a year, helped by increased sales of televisions, small appliances and other items.
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Inventories at wholesalers rose more than forecast in November and sales increased, reflecting rising prices for oil and farm products.
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Yum Brands Inc. said Thursday sales at US restaurants open at least a year, or same-store sales, rose 5 percent in the four weeks ended Sept.
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Sainsbury's thanks a rise in first quarter sales on its ongoing efforts to improve stock levels and availability.
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Restaurateur's shares shoot up on news of increased profitability.