Food Retail & Distribution

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GNC Holdings Inc reaffirms FY 2014 outlook

7:31am EDT

GNC Holdings Inc:Expects FY 2014 consolidated revenue to be about flat, unchanged from previous outlook.Reaffirmed FY 2014 adjusted consolidated earnings per diluted share of about $2.85.Reported revenue of $2.630 bln in FY 2013.FY 2014 revenue of $2.631 bln, EPS of $2.84 - Thomson Reuters I/B/E/S.

Sultan Center Food Products Company KSCC appoints new chairman of the board

7:05am EDT

Sultan Center Food Products Company KSCC:Announces the appointment of Jamil Sultan Al Issa as the company's new chairman of the board.

KANSAI SUPER MARKET lowers full-year consolidated outlook for FY 2015

2:00am EDT

KANSAI SUPER MARKET LTD:Lowered full-year consolidated outlook for fiscal year ending March 31, 2015.Full-year revenue outlook of 120,170 mln yen lowered from 127,230 mln yen.Full-year operating profit outlook of 50 mln yen lowered from 1,920 mln yen.Full-year ordinary profit outlook of 440 mln yen lowered from 2,170 mln yen.Full-year net profit outlook of 210 mln yen lowered from 1,280 mln yen.Full-year earnings per share outlook of 7.43 yen lowered from 45.29 yen.Outlook lowered due to increased consumption tax, unseasonal weather, price competition and increased material price.

Jeronimo Martins SGPS SA reduces Biedronka stores opening for Q4

Wednesday, 29 Oct 2014 02:10pm EDT

Jeronimo Martins SGPS SA:Reduces Biedronka stores opening plan for Q4.Store expansion for 2014 will be running only up to the end-Oct. with the consequent reduction of capex programme for 2014.Based on the market performance and volume growth, Jeronimo Martins says "confident on the sales' trend for Q4".

X5 Retail Group NV raises FY 2014 revenue forecast-Reuters

Wednesday, 29 Oct 2014 12:33am EDT

X5 Retail Group NV:Russian supermarket operator X5 Retail Group NV said it was raising its revenue forecast to 17-19 percent this year from 10-12 percent, after posting a 49 percent increase in third-quarter net profit-Reuters.The company also raised its EBITDA margin forecast to 7.2-7.5 percent from 6.8-7.2 percent and cut capital expenditures to 34 billion Russian rubles ($797 million) from 40 billion rubles.FY 2013 revenue of $16,785 million.FY 2014 revenue of $17,098 million - Thomson Reuters I/B/E/S.

Kroger Co reaffirms long term EPS guidance - Conference Call

Tuesday, 28 Oct 2014 08:00pm EDT

Kroger Co:Says long-term earnings per share growth rate is 8pct to 11pct.FY 2014 EPS of $3.29 - Thomson Reuters I/B/E/S.FY 2015 EPS of $3.65 - Thomson Reuters I/B/E/S.FY 2016 EPS of $3.98 - Thomson Reuters I/B/E/S.

Beijing Urban Rural Trade Centre announces change of accounting policy

Tuesday, 28 Oct 2014 08:00pm EDT

Beijing Urban Rural Trade Centre Co Ltd:Changed accounting policy based on new accounting standards released by Ministry of Finance, effective July 1.

O'Key Group SA lowers FY 2014 revenue growth forecast-Interfax

Tuesday, 28 Oct 2014 08:26am EDT

O'Key Group SA:O'Key has lowered its growth forecast for revenue and EBTIDA margin for 2014, and the Russian retailer is now expecting revenue to grow 7-9 percent this year, O'Key CEO Tony Mayer said during a conference call-Interfax.The previous forecast for sales growth was at 12-16 percent.The company is now expecting EBITDA margin to be 7.5-8 percent, Mayer said.O'Key had previously forecast 2014 EBITDA margin to be at last year's level (around 8 percent).FY 2013 revenue of 139,460 million Russian rubles.FY 2014 revenue of 161,908 million rubles - Thomson Reuters I/B/E/S.

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