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G. Willi-Food international Reports the results of first quarter 2024

G. Willi-Food International Ltd., a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the first quarter ended March 31, 2024.

First Quarter Fiscal Year 2024

  • Sales decreased by 10.1% to NIS 136.0 million (USD 37.0 million) from NIS 151.4 million (USD 41.1 million) in the first quarter of 2023.
  • Gross profit decreased by 13.5% year-over-year to NIS 34.7 million (USD 9.4 million).
  • Operating profit decreased by 10.7% year-over-year to...
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May 21 8:17 AM, Urner Barry



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."...

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May 9 10:21 AM, Urner Barry


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...
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May 9 9:33 AM, Urner Barry


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%...
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May 9 9:20 AM, Urner Barry


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...

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May 7 12:20 PM, Urner Barry


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... 

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May 3 8:00 AM, Urner Barry


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...
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May 2 8:00 AM, Urner Barry


Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company's History

Armanino Foods of Distinction, Inc. reported its highest quarterly profits ever for the first quarter ending March 31, 2024. Armanino continued its profitability streak for the 83rd quarter in a row.

Net sales for the first quarter of 2024 were $15,720,317 compared to $16,351,866 for the same period last year, a decrease of 4%. Income before taxes for Q1 2024 was $3,116,504 compared to $2,561,406 for the same quarter in 2023, an increase of 22%. Net income for this period was...

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Apr 23 10:09 AM, Urner Barry


Deliveroo Guides For Higher Earnings, Positive Free Cash Flow

Deliveroo guided for further growth in its core earnings this year after its 2023 results were better than expected.

The food-delivery company expects its adjusted earnings before interest, taxes, depreciation and amortization—a metric that strips out exceptional and other one-off items—to be between 110 million and 130 million pounds ($141 million-$166 million) in 2024, it said Thursday. It guided for positive free cash flow for the year, and expects its gross transaction value to grow between 5% and 9%, with a first quarter...

 

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Mar 14 9:05 AM, Urner Barry


Good Times Restaurants Reports Results for the 2024 First Fiscal Quarter Ending December 26, 2023

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of the Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard restaurant brands, today reported financial results for the 2024 first fiscal quarter ended December 26, 2023.

Key highlights of the Company’s financial results include:

  • Total Revenues for the quarter decreased 0.8% to $33.1 million compared to the first quarter of fiscal 2023
  • Total Restaurant Sales for Bad Daddy’s restaurants were $24.1 million for the quarter
  • Same Store Sales1 for company-owned Bad Daddy’s restaurants...
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Feb 2 8:00 AM, Urner Barry


Cracker Barrel Reports First Quarter Fiscal 2024 Results

Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the first quarter of fiscal 2024 ended October 27, 2023.

First Quarter Fiscal 2024 Highlights

  • The Company reported first quarter total revenue of $823.8 million. Compared to the prior year first quarter, total revenue decreased 1.9%.
  • Comparable store restaurant sales decreased 0.5%, while comparable store retail sales decreased 8.1%.
  • GAAP operating income for the first quarter was $11.4 million, or 1.4% of total revenue, and adjusted1 operating income was $19.0...
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Dec 1 8:00 AM, Urner Barry


Cal-Maine Foods Reports Results for First Quarter Fiscal 2024

Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the first quarter of fiscal 2024 (thirteen weeks) ended September 2, 2023.

First Quarter Fiscal Year 2024 Highlights

  • Quarterly net sales of $459.3 million
  • Quarterly net income of $926,000 or $0.02 per basic and diluted common share
  • Net average selling price for specialty eggs increased 8.4 percent quarter-over-quarter....
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Oct 4 10:20 AM, Urner Barry


Nathan's Famous, Inc. Reports First Quarter Results

Nathan's Famous, Inc. today reported results for its first fiscal quarter ended June 25, 2023.

For the thirteen-week period ended June 25, 2023 (“first quarter fiscal 2024”):

  • Revenues were $41,985,000 as compared to $39,720,000 during the thirteen weeks ended June 26, 2022;
  • Income from operations was $11,463,000 as compared to $11,780,000 during the thirteen weeks ended June 26, 2022;
  • Adjusted EBITDA1, a non-GAAP financial measure, was $12,036,000 as compared to $12,065,000 during the thirteen weeks ended June 26, 2022;
  • Income before provision for income...
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Aug 3 12:10 PM, Urner Barry


Albertsons Companies, Inc. Reports First Quarter Fiscal 2023 Results

Albertsons Companies, Inc. today reported results for the first quarter of fiscal 2023, which ended June 17, 2023.

First Quarter of Fiscal 2023 Highlights

  • Identical sales increased 4.9%
  • Digital sales increased 22%
  • Loyalty members increased 16% to 35.9 million
  • Net income of $417 million, or $0.72 per share
  • Adjusted net income of $546 million, or $0.93 per share
  • Adjusted EBITDA of $1,319 million

Vivek Sankaran, CEO commented, "Our first quarter results demonstrate the resilience of our business, and the effectiveness of our Customers for Life transformation...

 

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Jul 25 8:40 AM, Urner Barry


Kroger Beats Profit Estimates on Easing Costs, Steady Grocery Demand

Supermarket chain Kroger topped Wall Street estimates for first-quarter profit and same-store sales on Thursday, helped by steady demand for groceries and household essentials even as food prices remain high and easing supply chain costs.

Big-box retailers such as Kroger and Walmart have used their extensive nationwide operations to negotiate better deals with suppliers, which allowed them to keep prices substantially lower than competition and lure more people.

Kroger also profited from shoppers - including higher-income consumers looking for more economical options amid persistent inflation...

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Jun 15 9:51 AM, Urner Barry


Restaurant Loyalty Program Points and Rewards Redemption Increased by 26% 

Lingering inflation and higher food prices in the first quarter of 2023 had many foodservice consumers looking for a deal. Customer visits to restaurants and retail foodservice outlets that took advantage of a deal rose by 8% in the quarter ending March compared to a year ago, reports Circana, formerly IRI and The NPD Group. The increase in deal visits helped to grow total commercial foodservice visits by 1% over a year ago, a traffic gain after four consecutive quarters of flat or declining growth.

Although 73% of all foodservice...

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May 26 7:22 AM, Urner Barry


Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2023

Dollar Tree, Inc. today reported financial results for its first quarter ended April 29, 2023.

“Our initiatives to drive customer traffic and increase store productivity are having the desired impact. The Dollar Tree segment delivered a 3.4% comp, successfully cycling the 11.2% comp from the prior year’s quarter. Family Dollar continued its sales momentum with a 6.6% same-store sales increase. Importantly, both segments experienced a mid-single digit percent step-up in comp traffic. We are clearly gaining market share across the entire enterprise,” stated Rick Dreiling, Chairman...

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May 25 9:45 AM, Urner Barry


Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal First Quarter Ended April 16, 2023

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 first quarter ended April 16, 2023.

Highlights for the First Quarter of Fiscal 2023, Compared to the First Quarter of Fiscal 2022:

  • Total revenues are $418.0 million, an increase of $22.4 million compared to 2022.
     -Comparable restaurant revenue(1) increased 8.6%.
     -Ninth consecutive quarter of positive comparable restaurant revenue(1) growth...
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May 25 8:40 AM, Urner Barry


BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2023 Results

BJ’s Wholesale Club Holdings, Inc. today announced its financial results for the thirteen weeks ended April 29, 2023.

“We reported a record first quarter in net income and adjusted EBITDA, demonstrating the power of our business model and the warehouse club channel,” said Bob Eddy, President and Chief Executive Officer, BJ’s Wholesale Club. “We drove topline growth bolstered by robust traffic and share gains. We also made significant improvements on our merchandise margins largely due to waning supply chain pressures and...

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May 23 8:57 AM, Urner Barry







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