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Sysco Corporation Reports Strong Q2 Results
Sysco Corporation today announced its financial results for the second quarter, ending December 28, 2024, showing robust growth across key metrics.
Sales increased by 4.5%, reaching $20.2 billion, while gross profit rose by 3.9% to $3.7 billion, reflecting solid performance across the business.
The company met analysts' expectations for the quarter, driven by strong top- and bottom-line growth. International operations, in particular, delivered exceptional results, with operating income rising by 14.5% and adjusted operating income increasing by 26.5%.
"Second quarter results included improvements across the company's core financial drivers...
Red Robin Gourmet Burgers, Inc. Reports Preliminary Revenue Results for the Fourth Quarter
Red Robin Gourmet Burgers, Inc. ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers and American favorites in a family-friendly atmosphere, today reported preliminary, unaudited revenue results for the fourth quarter ended December 29, 2024.
Preliminary Revenue Results for the Fourth Quarter of Fiscal 2024 as Compared to the Fourth Quarter of Fiscal 2023:
Cal-Maine Foods Posts $954.7M in Q2 Sales, Sets New Records Amid Expanding Operations
Cal-Maine Foods, the nation's largest producer and distributor of fresh shell eggs, has announced its financial results for the second quarter of the 2025 fiscal year. The company reported net sales of $954.7 million, marking a significant 82% increase compared to the same period in 2024. This growth was driven primarily by higher prices and strong demand for its products. This quarter the company also set a quarterly record for total dozens sold and specialty dozens sold...
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2024
Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and twelve months ended September 28, 2024.
Robert P. Ingle II, Chairman of the Board, stated, “After Hurricane Helene impacted our communities, I am proud of how not only our associates came together, but our entire region. We are truly thankful for all the volunteers and the outpouring of support for our region.”
Impact of Hurricane Helene
On September 27, 2024, Hurricane Helene severely impacted western North Carolina, including the area where the Company’s headquarters are located...
Darden Restaurants Report Strong Q2 Results with 6.0% Sales Growth
Darden Restaurants reported a 6.0% increase in total sales for Q2 which ended November 24, reaching $2.9 billion, with same-restaurant sales up 2.4%.
Olive Garden generated $1.292 billion in sales, LongHorn Steakhouse brought in $710.1 million, and the company’s Fine Dining segment earned $306 million.
In addition, Darden’s Board of Directors declared a quarterly cash dividend of $1.40 per share on the company’s outstanding common stock.
"We had a strong quarter and I am pleased that our four largest brands...
Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2024
Ark Restaurants Corp. today reported financial results for the fourth quarter and fiscal year ended September 28, 2024.
The Company’s fiscal year ends on the Saturday nearest September 30. The fiscal years ended September 28, 2024 and September 30, 2023 both included 52 weeks and the quarters ended September 28, 2024 and September 30, 2023 both included 13 weeks.
Financial Results
Total revenues for the 13 weeks ended September 28, 2024 were $43,406,000 versus $44,400,000 for the 13 weeks ended...
Campbell's Mark Clouse to Retire on January 31
Campbell’s Company announced that Mick Beekhuizen will succeed Mark Clouse as President and CEO, effective February 1, 2025.
Beekhuizen, currently President of the Meals & Beverages division, has been with Campbell’s since 2019, previously serving as CFO. He is recognized for his leadership and role in Campbell’s successful acquisition of Sovos Brands. Before Campbell’s, he held senior roles at Chobani and Goldman Sachs.
Mark Clouse, who has led Campbell’s since 2019, will retire on January 31, 2025, to become President of the NFL's Washington Commanders.
Under his leadership, Campbell’s...
Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Third Quarter Ended October 6, 2024
Red Robin Gourmet Burgers, Inc., a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the fiscal third quarter ended October 6, 2024.
Highlights for the Third Quarter of Fiscal 2024, Compared to the Third Quarter of Fiscal 2023:
US Foods Reports Third Quarter Fiscal Year 2024 Earnings
US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the third quarter fiscal year 2024.Third Quarter Fiscal Year 2024 Highlights
Vital Farms Reports Third Quarter 2024 Financial Results and Raises Fiscal Year 2024 Outlook
Third Quarter Net Revenue of $145.0 million, up 31.3% versus Prior Year PeriodRaises Fiscal Year 2024 Guidance and Reiterates Long-term GuidanceOn Track to Reach $1 Billion Net Revenue Target in 2027
Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its third quarter ended September 29, 2024.
Financial highlights for the third quarter ended September 29, 2024, compared to the third quarter ended September 24, 2023...
Lineage, Inc. Reports Third-Quarter 2024 Financial Results
Lineage, Inc., the world’s largest global temperature-controlled warehouse REIT, today announced its financial results for the third quarter of 2024.
Third-Quarter 2024 Highlights
Burger King, KFC Owners Miss Results Estimates as Fast-Food Spending Wanes
Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by weak demand in the United States and abroad from budget-stretched customers.
Consumers are relying on cheaper, home-cooked meals instead of eating out as fast-food prices have risen over the past year, hurting traffic across the industry.
As a result, restaurant operators have turned to aggressive promotions in an attempt to attract value-seeking customers. Burger...
Publix Reports Third Quarter 2024 Results and Stock Price
Publix’s sales for the three months ended Sept. 28, 2024 were $14.6 billion, a 4.9% increase from $14 billion in 2023. Comparable store sales for the three months ended Sept. 28, 2024 increased 3.4%. The company estimates sales for the three months ended Sept. 28, 2024 increased 0.6% due to the impact of Hurricane Helene.
Net earnings for the three months ended Sept. 28, 2024 were $1.1 billion, compared to $833 million in 2023, an increase of 31.7%. Earnings per share...
FAT Brands Inc. Reports Third Quarter 2024 Financial Results
FAT (Fresh. Authentic. Tasty.) Brands Inc. (“FAT Brands” or the “Company”) today reported financial results for the fiscal third quarter ended September 29, 2024.
Andy Wiederhorn, Chairman of FAT Brands, said, “Over the last three years, we have expanded our brand portfolio to include 18 distinct concepts while our footprint has increased tenfold, now encompassing over 2,300 locations across more than 40 countries and 49 U.S. states or territories. We opened 22 new units during the third quarter, bringing our year-to-date openings to 71 new...
Pilgrim’s Pride Reports Third Quarter 2024 Results with $4.6 Billion in Net Sales
Pilgrim’s Pride Corporation, one of the world's largest poultry producers, reports its third quarter 2024 financial results.
Third Quarter Highlights
Cracker Barrel Reports Fourth Quarter Fiscal 2024 Results
Cracker Barrel Old Country Store, Inc. today reported its financial results for the fourth quarter of fiscal 2024 ended August 2, 2024. In 2024, the fourth quarter and fiscal year included an additional operating week ("53rd week") compared to fiscal 2023.
Fourth Quarter Fiscal 2024 Highlights
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