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BJ’s Wholesale Club Reports Q2 Results with Membership Growth and Strong Digital Sales
BJ's Wholesale Club Holdings has announced its financial results for the second quarter, highlighting both strengths and areas of softness in its performance.
"Our business model continues to perform and build upon momentum, as we grow membership and gain market share even in a dynamic environment. We enter the back half of the year on solid footing and confident in our ability to deliver strong results," said Bob Eddy, Chairman and CEO of BJ’s Wholesale Club. “We are on a powerful trajectory and our...
Performance Food Group Reports Strong Sales and Profit Growth Despite Decline in Net Income
One of the largest distributors in foodservice, Performance Food Group, has announced results from its fourth quarter and fiscal year.
Quarterly Highlights
The company saw case volume increase by 11.9%. Independent Foodservice case volume rose 20.4%, while Organic Independent Foodservice case volume increased 5.9%.
Net sales were $16.9 billion, rising 11.5% for the period. Gross profit for the quarter grew 14.6% to $2 billion. This growth in sales and profit can be attributed to recent acquisitions, including that...
Sysco Delivers Strong Q4 and Solid FY 2025 Results
Sysco announced its fourth-quarter and full-year results Tuesday morning.
"Sysco's Q4 results exceeded expectations, as improved financial outcomes were driven by Sysco-specific initiatives and improved restaurant industry traffic. Specific to our business, USFS local volumes improved sequentially by 200 bps, including a strong exit rate in June. Importantly, drivers of our progress accelerated during the quarter, with the momentum continuing in July, an encouraging signal as we begin the next fiscal year of profitable growth" said Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer...
Cal-Maine Closes Fiscal Year with Record Profit and Strong Growth
Just after markets closed Tuesday, Cal-Maine Foods released its financial results for the final quarter of its fiscal year.
President and Chief Executive Officer Sherman Miller stated, “Our results for the fourth quarter of fiscal 2025 marked a strong finish to a challenging, but successful year of transformation for Cal-Maine Foods. We continued to advance our growth strategy in a dynamic market environment, maintained a strong focus on safely, efficiently and sustainably managing our operations, added production capacity to meet customer demand and stayed disciplined in our...
Conagra Posts Decline in Sales and Profit for Q4 and FY2025
Conagra Brands has reported financial results for both the fiscal year and fourth quarter.
For the quarter, net sales declined 3.5%, driven by a 2.5% drop in volume and a 1.0% negative price/mix impact. Gross profit fell 12.1% to $707 million, as margins were pressured by inflation and weaker sales. Net income was $256 million ($0.53 per share), while adjusted EPS came in at $0.56. Adjusted EBITDA totaled $544 million.
For fiscal year 2025, net sales declined...
Global Appetite for Australian Red Meat Continues at Pace: New Records in Exports for FY2024–25
Australia’s red meat industry exported new record volumes of beef and mutton in the 2024-2025 financial year.According to Meat & Livestock Australia (MLA), total beef and veal exports for the financial year reached 1.4 million tonnes, the highest annual volume ever. Mutton exports also hit a new record at 256,104 tonnes. Lamb exports totalled 363,109 tonnes, making it the second-largest financial year for lamb exports.
June 2025 alone saw 134,593 tonnes of beef exported, marking the highest...
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