Shop Talk
Retailers, consumers and prices
Check Out Line: Have a helping of earnings
Check out the latest raft of earnings and outlooks kicking off the holiday-shortened week in the consumer world.
Kraft Foods, which makes Oreo cookies and Velveeta cheese, posted quarterly revenue that fell short of expectations, but said its recent acquisition of British chocolatier Cadbury would accelerate long-term growth.
Abercrombie & Fitch posted a lower profit as the retailer of casual yet trendy clothes for teens and college-age youth grappled with a prolonged U.S. sales slump.
Fossil, which sells watches, jewelry, leather goods, sunglasses and apparel, posted a better-than-expected profit and offered a full-year outlook above analysts’ expectations.
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