Shop Talk

Retailers, consumers and prices

Check Out Line: More quarterly earnings to parse

March 22, 2010

williams1Check out the latest quarterly earnings to size up.

Williams-Sonoma reported a better-than-expected profit on lower costs and strong holiday sales, and the home goods chain said it sees sales and earnings rising for the year.

The operator of the Pottery Barn, West Elm and Williams-Sonoma chains, which won many shoppers in the  holiday season by offering more lower-priced home decor items, also boosted its quarterly dividend by 8.3 percent.

PepsiCo and Kimberly-Clark, meanwhile, both backed their 2010 earnings outlooks.

Tiffany’s message was more mixed as the upscale jeweler’s profit was lower-than-expected, but its full-year forecast was above the Street’s expectations.

Also in the basket:

Pepsi to cut salt, sugar and saturated fats

Ex-Nestle exec replaces Sweet leaf founder as CEO

Giddy Times for Chinese Wines (Wall Street Journal)

(Reuters photo)

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