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Earnings roundup: Hormel, Casual Male



By AP
22 May 2008 @ 10:53 am EST

Among the earnings stories for Thursday, May 22, from AP Financial News:

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AUSTIN, Minn. (AP) -Hormel Foods said Thursday its profit rose in the second quarter as pork costs fell and Spam continued to sell well.

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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.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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