Retailers, consumers and prices
Check Out Line: Earnings season in full swing
Check out this morning’s lineup of quarterly results.
Meanwhile, cigarette makers Philip Morris International and Reynolds American topped expectations and raised their full-year forecasts.
Who else did the same thing? Kimberly-Clark. It wasn’t sales of Kleenex tissues that drove its better than expected results. The company got a boost from sales of face masks as H1N1 takes hold.
Hungry for more? How about results from McDonald’s? The fast food giant said sales rose in all regions, and it expects sales at existing locations to remain positive in October.
Still craving earnings? Stay tuned this afternoon, when we’ll hear from Chipotle, Cheesecake Factory and Amazon.com.
Also in the basket:
Procter & Gamble said to consider Sara Lee brands (Bloomberg)