Natural Grocers by Vitamin Cottage, Inc., a major dietary supplements and organic foods retailer, has reported 30.5% sales growth and double digit comparable store sales growth in the third quarter of fiscal 2013.
Pressure from raw material costs has started to ease for International Flavors and Fragrances (IFF), which reported a 16% increase in net profit and a 1% increase in net revenue during the second quarter.
Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.
Corn Products International’s net income fell 38% in the first quarter largely due to a one-off gain a year earlier, and less growth than expected in international markets, while adjusted net profit was down 2%.
Grain processing giant Archer Daniels Midland (ADM) has seen its second quarter profit shrink 89% on higher corn costs and lower oilseed earnings, although sales have grown, the company said on Tuesday.
DuPont benefited from last year’s acquisition of Danish specialty food ingredient company Danisco in the fourth quarter of 2011, as revenue more than doubled in its nutrition and health business – although the chemical group’s overall profit fell slightly.
Campbell Soup Company has reported a 5% drop in net earnings in the first quarter as soup demand continues to fall in the United States, although the company is beginning to see the first fruits of a turnaround program.
Imperial Sugar Company returned to profit during fiscal 2010 as its Port Wentworth refinery continued to boost production following a 2008 explosion, although its losses widened in Q4, the company said.
Archer Daniels Midland (ADM) sales fell by five percent in the first half of fiscal 2010, although its corn sweeteners and starches division saw profits rise, due to lower net corn and manufacturing costs.
Corn Products International has reported a 29 percent growth in net
revenue for the first quarter ended March 2008, over the same
quarter of the prior year, driven largely by its performance and
pricing in the Americas.
Coca-Cola posted a 20 per cent improvement in operating revenues,
amounting to $28.8bn during the full fiscal year as the company
harnessed its international presence to drive growth in both its
carbonated and non-carbonated brands.
MGP Ingredients (MGPI) is set for a major overhaul in its
ingredients operations, after disappointing results in the segment
for the company's fiscal year prompted it to announce that it will
review its entire ingredients business.
Flavors company Sensient Technologies said last week that
fourth-quarter earnings rose 2.5 percent, lifted by foreign
exchange rates and higher profit from sales of traditional flavors
in Europe and North America.
Imperial Sugar yesterday (Thursday) announced a higher
first-quarter profit, but predicted that operating income would
fall significantly in 2005 as the sugar industry remains
challenging, reports Philippa Nuttall.