Posts Tagged ‘q4 profits’

Wal-Mart reports more sales but lower Q4 profits

Linda Young – AHN News Writer New York, NY, United States (AHN) – Wal-Mart reported lower profits for the fourth quarter of 2011 despite an increase in sales. Fiscal fourth-quarter profit for Wal-Mart dropped by 15 percent and caused stock shares to drop 4 percent in trading. The world’s largest retailer reported sales rose by […]

Pepsi says rising prices will cut into its 2011 profits

Linda Young – AHN News Writer New York, NY, United States (AHN) – Pepsi said Friday that it expects rising commodity prices to cut into its 2011 profits. Company officials said the prices of the commodities it uses in its products could increase this year by as much as 9.5 percent or $1.6 billion over […]