Starbucks executives will not receive raises
Howard Schultz and other executives at Starbucks Corp will not receive raises next fiscal year in a bid to return to profit.
Hain Celestial sees Q4 profit fall
The Hain Celestial Group Inc reported yesterday, August 26, that net income declined 46 percent in the fourth quarter due to acquisition and stock compensation-related costs.
Darden Restaurants predicts Q1 earnings
Darden Restaurants Inc has announced that it expects diluted net earnings per share to be between US$0.60 and US$0.62 in the first quarter.
Hormel Foods posts Q3 decline
Hormel Foods Corp has reported that Q3 net earnings were down nine percent to US$51.9 million, from US$57.4 million a year earlier.
Burger King announces whopper profits
Burger King Holdings Inc today, August 21, reported a 9.5 percent increase in revenue in the last fiscal quarter, taking their profits to US$646 million.
Kurzius appointed President of McCormick International
McCormick & Co has announced the appointment of Lawrence Kurzius to President of McCormick International, effective from September 1, 2008.