Shop Talk

Retailers, consumers and prices

Check Out Line: Earnings season in full swing

October 22, 2009

Check out this morning’s lineup of quarterly results.

hersheyHershey said price increases helped offset rising cocoa costs, but was silent on the biggest news in the chocolate world — will Cadbury be acquired?

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:

Bunge posts lower profit, cuts outlook

Time to trim Fido’s “eco pawprint”, authors say

More Americans plan to delay retirement, surveys show

Procter & Gamble said to consider Sara Lee brands (Bloomberg)

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