G. Willi-Food International Reports the Results of Second Quarter 2024

G. Willi-Food International Ltd. (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the second quarter ended June 30, 2024.

Second Quarter Fiscal Year 2024

• Sales increased by 13.5% to NIS 146.7 million (US$ 39.0 million) from NIS 129.2 million (US$ 34.4 million) in the second quarter of 2023.
• Gross profit increased by 76.2% year-over-year to NIS 45.9 million (US$ 12.2 million)...

Layne’s Chicken Fingers Reports Strong Midyear Momentum: 11% Same-Store Sales Growth 

Layne’s Chicken Fingers, the Soon to be Famous™ chicken finger franchise, continues to grow in 2024. With a focus on strategic expansion and operational excellence, Layne’s has experienced an 11% increase in same-store sales compared to the prior year and double-digit growth in customer traffic.

“Layne’s has always been committed to delivering exceptional quality and service, and these numbers reflect our dedication to maintaining that standard as we grow,” said CEO Garrett Reed. “Our decision to concentrate on opening new stores and...

Vital Farms Reports Second Quarter 2024 Financial Results and Raises Fiscal Year 2024 Guidance

Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its second quarter ended June 30, 2024.

Financial highlights for the second quarter ended June 30, 2024, compared to the second quarter ended June 25, 2023, include:

• Net Revenue increased 38.5% to $147.4 million, compared to $106.4 million
• Gross Margin expanded 362 basis points to 39.1%, compared to 35.5%
• Net Income of $16.3 million, compared to $6.7...

Weis Markets Reports Second Quarter 2024 Results

Weis Markets, Inc. today reported its financial results for the 13-week second quarter and 26-week year-to-date period ended June 29, 2024.

"Our second quarter 2024 results, which were negatively impacted by the Easter holiday shift, are in line with our expectations despite an extremely challenging market environment marked by continuing customer caution," said Weis Markets, Inc. Chairman, President, and CEO Jonathan H. Weis. "During the quarter, we increased our price investments by lowering the prices on 600 high-demand dairy items as...

Pilgrim’s Pride Reports Second Quarter 2024 Results with $4.6 Billion in Net Sales 

Pilgrim’s Pride Corporation, one of the world's largest food companies, reports its second quarter 2024 financial results.

Second Quarter Highlights

• Net Sales of $4.6 billion.
• Consolidated GAAP operating income margin of 9.7%.
• GAAP Net Income of $326.5 million and GAAP EPS of $1.37. Adjusted Net Income of $398.0 million or Adjusted EPS of $1.67.
• Adjusted EBITDA of $655.9 million, or a 14.4% margin, with Adjusted EBITDA margins of 16.7% in the U.S., 7.4% in Europe, and 19.4% in Mexico...

Publix Reports Second Quarter 2024 Results and Stock Price

Publix’s sales for the three months ended June 29, 2024 were $14.5 billion, a 3.1% increase from $14.1 billion in 2023. The company estimates sales were negatively impacted by 1.1% due to the effect of the Easter holiday being in the first quarter in 2024. In 2023, the effect of the Easter holiday was in the second quarter. Comparable store sales for the three months ended June 29, 2024 increased 1.1%.

Net earnings for the three months ended June 29, 2024 were $972... 

Armanino Foods Reports Highest Quarterly and Q2 YTD Sales and Profits in Company’s History

Armanino Foods of Distinction, Inc. reported its highest quarterly and Q2 YTD sales and profits ever for the second quarter ending June 30, 2024. Armanino continued its profitability streak for the 84th quarter in a row

Net sales for the second quarter of 2024 were $17,481,452 compared to $15,036,330 for the same period last year, an increase of 16%. Income before taxes for Q2 2024 was $5,113,685 compared to $2,692,706 for the same quarter in 2023, an increase of 90%...

Good Times Restaurants Reports Third Fiscal Quarter Same Store Sales

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales1 increased 5.8% for its Good Times brand and increased 1.2% for its Bad Daddy’s brand compared to the same prior-year fiscal quarter and average weekly sales2 were $31,780 and $52,555 for its Good Times and Bad Daddy’s brands, respectively, for its third fiscal quarter ended June 25, 2024.

Ryan Zink, President and CEO, said, “The positive same store sales trends at Good Times... 

United Natural Foods, Inc. Reports Third Quarter Fiscal 2024 Results

United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today reported financial results for the third quarter of fiscal 2024 (13 weeks) ended April 27, 2024.
“We delivered another quarter in-line with our fiscal 2024 plan and our third consecutive quarter of improving profitability driven by continued progress on near-term operational and efficiency initiatives. This progress includes significant cost reduction actions and supply chain efficiencies, and we see opportunity to drive further improvement across these areas,” said Sandy Douglas, UNFI’s Chief Executive Officer...

BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2024 Results

BJ’s Wholesale Club Holdings, Inc., today announced its financial results for the thirteen weeks ended May 4, 2024.

“During the first quarter, we delivered strong increases in membership, traffic and unit volumes. This resulted in revenue growth and market share gains in our clubs and at our gas stations. Our merchandising improvements and digital conveniences, grounded in delivering compelling value, are resonating with our members. We are also growing our footprint and remain on track for 12 new club openings this year,” said Bob Eddy...

Brazil's BRF Shares Rise Almost 14% After Strong Q1 Results

Shares in Brazilian pork and chicken processor BRF SA rose almost 14% in early afternoon trade on Wednesday after the company reported strong quarterly results on better pricing in export markets and lower grain costs.

The company said it earned a net 594 million real ($116.88 million) in the first quarter, which is seasonally weaker than the preceding one, beating the average of analysts' expectations of a 449.79 million real gain.

Analysts at BTG Pactual said in a note to clients that BRF's performance was "impressive."...

B&G Foods Reports Financial Results for First Quarter 2024

B&G Foods, Inc. today announced financial results for the first quarter of 2024. Financial results for the first quarter of 2024 reflect the impact of the Green Giant U.S. shelf‑stable divestiture during the fourth quarter of 2023.

Summary

Guidance for Full Year Fiscal 2024

• Net sales revised to a range of $1.955 billion to $1.985 billion.
• Adjusted EBITDA revised to a range of $300 million to $320 million.
• Adjusted diluted earnings per share revised to a range of $0.75 to $0.95...

US Foods Reports First Quarter Fiscal Year 2024 Earnings

rew Net Sales 4.8% to $8.9 Billion and Gross Profit 4.9% to $1.5 Billion

Net Income of $82 Million

Grew Adjusted EBITDA 6% to $356 Million and Reaffirms Fiscal Year 2024 Guidance

Closed on IWC Food Service Acquisition in April

US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the first quarter fiscal year 2024.

First Quarter Fiscal 2024 Highlights

• Net sales increased 4.8% to $8.9 billion
• Total case volume increased 4.2%...

First Quarter Results Show Economy is Slowing but ‘Remains Resilient’

Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, National Retail Federation Chief Economist Jack Kleinhenz said today.

“The U.S. economy lost some spring in its step during the first quarter as the pace of growth declined, and the downshift came with an unexpected bout of inflation,” Kleinhenz said, noting that prices for services are still increasing even as prices for goods level off. “But even with signs that the economic expansion is decelerating, the economy remains resilient...

Publix Reports First Quarter 2024 Results and Stock Price

Publix’s sales for the three months ended March 30, 2024 were $15.1 billion, a 5% increase from $14.3 billion in 2023. Comparable store sales for the three months ended March 30, 2024 increased 2.8%. The company estimates sales increased 1% due to the effect of the Easter holiday being in the first quarter of 2024. In 2023, the effect of the Easter holiday was in the second quarter.

Net earnings for the three months ended March 30, 2024 were $1.4... 

Wingstop Inc. Reports Fiscal First Quarter 2024 Financial Results

Wingstop Inc.today announced financial results for the fiscal first quarter ended March 30, 2024.

Highlights for the fiscal first quarter 2024 compared to the fiscal first quarter 2023:

• System-wide sales increased 36.8% to $1.1 billion
• 65 net new openings in the fiscal first quarter 2024
• Domestic same store sales increased 21.6%
• Domestic restaurant AUV increased to $1.9 million
• Digital sales increased to 68.3% of system-wide sales
• Total revenue increased 34.1% to $145.8 million
• Net income increased 83.5% to $28.7 million, or $0.98 per diluted...