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Earnings roundup: Vail Resorts, Dr Pepper Snapple

By Associated Press
June 5, 2008 | Comments (0)

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Among the earnings stories for Thursday, June 5, from AP Financial News:

BROOMFIELD, Colo. (AP) _ Vail Resorts Inc. said Thursday its fiscal third-quarter profit rose 11 percent on increased mountain and real estate revenue, but significantly missed analysts' estimates.

PLANO, Texas (AP) _ Dr Pepper Snapple Group Inc., which spun off from Cadbury Schweppes last month, said Thursday that first-quarter earnings jumped 38 percent as the company raised prices to offset lower volume and rising commodity costs.

LONG BEACH, Calif. (AP) _ Freight logistics company UTi Worldwide Inc. said Thursday its fiscal 2009 first-quarter earnings slipped 25 percent, as higher operating expenses and restructuring charges offset revenue growth.

PARSIPPANY, N.J. (AP) _ Tax preparer Jackson Hewitt Tax Service Inc. said Thursday fourth-quarter earnings fell 13 percent due to processing fewer tax returns and to rising expenses tied to the conversion of certain franchises to company-owned stores.

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