Earnings roundup: Hormel, Casual Male
By
Associated Press
May 22, 2008
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Among the earnings stories for Thursday, May 22, from AP Financial News:
Top stories:
AUSTIN, Minn. (AP) _ Hormel Foods said Thursday its profit rose in the second quarter as pork costs fell and Spam continued to sell well.
Other stories:
CANTON, Mass. (AP) _ Casual Male Retail Group Inc. said Thursday its first-quarter earnings fell, missing Wall Street expectations, as a pullback in consumer spending hurt sales of big and tall men's clothing.
CHARLOTTE, N.C. (AP) _ Specialty retailer Cato Corp. said Thursday its fiscal 2008 first-quarter profit fell 10 percent as higher costs offset a slight gain in sales.
KEARNEY, Neb. (AP) _ Teen apparel retailer The Buckle Inc. on Thursday said fiscal first-quarter profit rose 54 percent, on a surge in same-store sales.
LAUREL, Miss. (AP) _ Poultry producer Sanderson Farms Inc. on Thursday reported a drop in fiscal second-quarter profit as feed grain costs surged, but still topped Wall Street expectations.
CLEARWATER, Fla. (AP) _ Technology products distributor Tech Data Corp. said Thursday its fiscal first-quarter profit grew despite a challenging market environment as sales jumped and the year-ago results were weighed by charges.
JACKSONVILLE, Fla. (AP) _ Stein Mart Inc. said Thursday its first-quarter profit fell 14 percent on slower consumer spending and lower same-store sales.