4 Ways To Sustain Growth For Your Small BusinessPARTNER CONTENT - Strategic growth can help your business become more profitable over time and weather any lulls.
Hormel Beats 2Q Profit Forecasts Despite Bird Flu OutbreaksHormel reported a record second-quarter profit of $180.2 million Wednesday despite the impacts of bird flu that has killed more than 8 million birds in Minnesota. The Austin, Minnesota, company had earnings of 67 cents per share Wednesday, topping Wall Street expectations by a nickel, according to a poll by Zacks Investment Research.
SuperValu Beats 4Q Profit ForecastsSuperValu Inc. (SVU) on Tuesday reported fiscal fourth-quarter profit of $39 million. The Eden Prairie, Minnesota-based company said it had profit of 14 cents per share. Earnings, adjusted for one-time gains and costs, came to 24 cents per share.
UnitedHealth Hikes Forecast, Shares Edge To New HeightsUnitedHealth Group Inc. (UNH) on Thursday reported first-quarter profit of $1.41 billion. On a per-share basis, the Minneapolis-based company said it had net income of $1.46.
Best Buy Beats 4Q Profit ForecastsBest Buy Co. (BBY) on Tuesday reported fiscal fourth-quarter earnings of $519 million. On a per-share basis, the Richfield, Minnesota-based company said it had net income of $1.46. Earnings, adjusted for one-time gains and costs, came to $1.48 per share.
General Mills Tops 2Q Profit ForecastsGeneral Mills Inc. (GIS) on Wednesday reported earnings of $346.1 million in its fiscal second quarter. The Minneapolis-based company said it had profit of 56 cents per share.
Medtronic Meets 2Q Profit ForecastsMedtronic Inc. on Tuesday reported earnings of $828 million in its fiscal second quarter. The Minneapolis-based company said it had profit of 83 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 96 cents per share.
US Bancorp Reports Slight Rise In 3Q ProfitU.S. Bancorp reported a slight rise in third-quarter profit Wednesday versus a year ago, meeting Wall Street expectations. The Minneapolis-based bank posted net income of $1.471 billion, or 78 cents per share, in the quarter, compared with $1.468 billion, or 76 cents per share, in the same quarter a year ago.
General Mills Misses Wall Street 1Q Forecasts General Mills Inc. on Wednesday reported profit of $345.2 million in its fiscal first quarter. On a per-share basis, the Minneapolis-based company said it had profit of 55 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 61 cents per share.
Target Cuts Outlook As Breach Fallout LingersTarget slashed its annual profit outlook as the retailer continues to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the U.S. The nation's third-largest retailer also said Wednesday that its second-quarter earnings dropped 61.7 percent.
Target Lowers Forecast, Estimates Breach Costs Target is lowering its forecast for its second quarter because of costs related to a massive data breach and the repayment of debt.
UnitedHealth's 2Q Profit Slips 2 Percent UnitedHealth Group says its second-quarter earnings slipped 2 percent on a rise in taxes and other expenses, but the nation's largest health insurer still trumped analyst expectations. The Minnetonka-based company also raised the low end of the earnings range it forecasts for this year.