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Profit

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Best Buy 2Q Profit Drops 90 Percent, Misses Estimates

Best Buy Co. is reporting a 90 percent drop in net income during the second quarter, dragged down by restructuring charges and weak sales. The company also withdrew its earnings guidance for the year.

08/21/2012

(credit: UnitedHealth Group)

UnitedHealth’s 2Q Profit Rises 5.5 Percent

UnitedHealth Group said Thursday that its second-quarter net income rose 5.5 percent, trumping Wall Street expectations, as enrollment gains helped fuel revenue growth and consumers continued to moderate their use of health care services.

07/19/2012

Target shopping carts sit in the parking lot outside of a Target store in Daly City, Calif. (credit: Justin Sullivan/Getty Images)

Target’s Key Revenue Metric Rises 4.3 Pct

Target Corp. says its revenue at stores open at least a year rose 4.3 percent in January, easily topping Wall Street’s expectations.

02/02/2012

money, generic, 100s, cash, bills

Pentair Adjusted Profit Beats Expectations

Water filtration and industrial company Pentair Inc. posted a fourth-quarter net loss because of an accounting charge, but its adjusted profit was better than analysts had been expecting.

01/31/2012

3M, generic, logo

3M Posts Small Profit Increase In 4Q

3M Co. said Thursday its profit inched 3 percent higher in the fourth-quarter as growth in products for the home, office and automobiles offset declines in its high-tech products.

01/26/2012

(credit: UnitedHealth Group)

Insurer UnitedHealth’s 4Q Profit Jumps 20 Percent

UnitedHealth Group Inc.’s fourth-quarter net income jumped 21 percent, but the insurer saw signs of health care use picking up and left its 2012 earnings forecast unchanged.

01/19/2012

General Mills

General Mills 2Q Profit Falls On Higher Costs

General Mills is reporting that net income slipped 28 percent in the second quarter, pressured by rising costs and some charges, but revenue jumped by double digits.

12/20/2011

Medtronic, building, generic

Medtronic 2Q Profit Rises On Favorable Comparison

Medtronic Inc., the world’s largest medical device maker, reported higher-than-expected earnings Tuesday as overall sales edged up despite continuing pressure on the company’s best-selling heart and spine implants.

11/22/2011

Hormel

Hormel Foods 4Q Profit Falls, Revenue Rises

Hormel Foods Corp.’s fiscal fourth-quarter profit fell 3 percent as sales at its grocery products segment declined.

11/22/2011

Cargill, logo

Cargill 1Q Net Income Down 66 Percent

Agribusiness conglomerate Cargill Inc. said its fiscal first-quarter earnings fell 66 percent amid a volatile global grain market.

10/10/2011

General Mills

General Mills 1Q Profit Falls As Revenue Rises

General Mills Inc.’s fiscal first-quarter net income fell 14 percent, but its adjusted results beat Wall Street’s expectations as revenue climbed on higher prices, solid demand and new products.

09/21/2011

(credit: Medtronic)

Medtronic Fiscal 1Q Profit Slips 1 Percent

Medtronic, the world’s largest medical device maker, says its fiscal first-quarter earnings slipped 1 percent as challenges in spinal products and its biggest business, implantable cardioverter defibrillators, countered other revenue gains.

08/23/2011

3M, generic, logo

3M Profit Up 3.4 Percent, Held Back By LCD Drop

3M says its second-quarter profit rose 3.4 percent as slowing demand for films for LCD televisions dampened strong growth across its other businesses.

07/26/2011

target, generic, logo

Target Ups Dividend; Shareholders Talk Politics

Target Corp. raised its quarterly dividend Wednesday by 5 cents to 30 cents as it sought to placate investors after a 22 percent decline in its stock price this year.

06/08/2011

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Supervalu 4Q Net Income Slips On Softer Sales

Grocer Supervalu Inc.’s fiscal fourth-quarter net income dipped 2 percent, partly weighed down by softer sales and store closings.

04/14/2011

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