Softer consumer environment drags down J&J Snack profit

PENNSAUKEN, NJ. — Ongoing inflationary pressures and the softening consumer environment weighed on first-quarter earnings at J&J Snack Foods. The Pennsauken-based company also felt the impact of a winter storm that affected most of the United States during two key selling weeks in December, especially in theaters and outdoor venues.Continue Reading

Tribal Rides/Xinda Begins Trading Under The Symbol XNDA

EQS-News: IMMOFINANZ AG / Key word(s): 9 Month figures/Real EstateIMMOFINANZ with strong performance in a challenging environment: FFO 1 improves by 15%, net profit reaches EUR 249 million 23.11.2022 / 17:49 CET/CESTThe issuer is solely responsible for the content of this announcement. IMMOFINANZ with strong performance in a challenging environment:Continue Reading

Fortune Brands Delivers Strong Operating Margin and Profit Results; Company Updates Guidance to Reflect Softening Market Environment; Separation Into Two World-class Companies Progressing Well Ahead of Schedule

DEERFIELD, Ill.–(BUSINESS WIRE)–Fortune Brands Home & Security, Inc. (NYSE: FBHS, the “Company”, or “Fortune Brands”), an industry-leading home and security products company, today announced third quarter 2022 results. “Our team delivered impressive third quarter results, including 20 percent EPS growth and margin improvement across all of our segments,” said NicholasContinue Reading

Ping An Ranks 25th in the Fortune Global 500 List, 1st among mixed-ownership Chinese enterprises

HONG KONG and SHANGHAI, Oct. 26, 2022 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) today announced its results for the nine months ended 30 September 2022. Global capital markets remained volatile in a complex, challenging international environment in theContinue Reading

Mercedes-Benz Posts Robust Q3 Profit in a Demanding Environment

STUTTGART, Germany–(BUSINESS WIRE)–Mercedes-Benz Group AG (ticker symbol: MBG) delivered solid financial results in the third quarter of 2022 as robust demand and healthy pricing for cars and vans, as well as cost discipline, helped to lift Earnings Before Interest and Taxes (EBIT) by 83% to €5.2 billion (Q3 2021: €2.8Continue Reading