Earnings roundup: Sara Lee, Adidas

Among the earnings stories for Tuesday, May 6, from AP Financial News:

Top stories:

CHICAGO (AP) _ Food and household products manufacturer Sara Lee Corp. said Tuesday its third-quarter profit doubled as higher sales prices and the weaker dollar's effect on international sales helped offset volatile commodity prices.

FRANKFURT, Germany (AP) _ Adidas reported first-quarter profit jumped 32 percent Tuesday as its acquisition of Reebock International provided more leverage with suppliers.

Other stories:

FERGUS FALLS, Minn. (AP) _ Manufacturing, utility and diversified services company Otter Tail Corp. said Tuesday its first-quarter profit fell 21 percent on weak health services and manufacturing results.

MADISON, Wis. (AP) _ Great Wolf Resorts Inc. said Tuesday its first-quarter loss widened on higher operating expenses and announced Chief Executive John Emery plans to step down to pursue an opportunity in the private equity sector.

OXFORD, Mass. (AP) _ Laser supplier IPG Photonics Corp. said Tuesday its first-quarter profit rose on higher sales of lasers used for processing materials in microchips, medical devices and other industries, as well as strong European and Asian sales.

MELVILLE, N.Y. (AP) _ Medical and dental supplies and equipment provider Henry Schein Inc. said Tuesday its first-quarter profit rose 20 percent year-over-year, helped by strong international growth.

NEW YORK (AP) _ Tower Group Inc.'s profit surged 28 percent in the first quarter as the insurer collected more in premiums and generated better returns on its investments, the company said Tuesday.

BIRNMINGHAM, Ala. (AP) _ Asphalt and concrete supplier Vulcan Materials Co. said its first-quarter profit tumbled, blaming the ongoing U.S. housing slump and bad weather in certain markets.