Latest news for Mitchells & Butlers (OTC:MBPFF) Stock

Mitchells & Butlers PLC operates and manages pubs and pub restaurants in the United Kingdom and Germany. The group's properties operate under the brands Vintage Inns, Stonehouse, Toby Carvery, Harvester, Sizzling Pub Co., All Bar One, Ember Inns, and others. Its geographic segments include the UK and Germany of which it generates the majority of its revenue from the UK.

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Mitchells &amp; Butlers PLC (OTC: <a class="ticker" href="/stock/mbpff#OTC">MBPFF</a>) reported a 3% rise in its comparable sales in the 9 weeks to September 15.

Its comparable sales climbed 2.1% for the 51 weeks of the year to date.

Mitchells & Butlers Posts 3% Rise In Comparable Sales

Hormel Foods Corp (NYSE: <a class="ticker" href="/stock/hrl#NYSE">HRL</a>) reported a decline in its Q4 net earnings. Hormel Foods' quarterly net earnings fell to $117.3 million, or $0.43 per share, from $121.1 million, or $0.45 per share, in the year-ago period. Its sales dropped to $2.1 billion from $2.06 billion. However, analysts were expecting a profit of $0.42 per share on sales of $2.13 billion. Hormel Foods forecast FY12 earnings in a range of $1.79 to $1.89 per share, versus $1.74 per share in fiscal 2011.

Campbell Soup Co (NYSE: <a class="ticker" href="/stock/cpb#NYSE">CPB</a>) reported a drop in its first-quarter profit. Campbell Soup's quarterly profit fell to $265 million, or $0.82 per share, from $279 million, or $0.82 per share, in the year-ago period. Campbell Soup had 322 million shares outstanding in the latest quarter, versus 338 million shares, in the year-ago period. Its revenue dropped to $2.16 billion, from $2.17 billion. However, analysts were expecting earnings of $0.79 per share on revenue of $2.21 billion.

Cubic Corp (NYSE: <a class="ticker" href="/stock/cub#NYSE">CUB</a>) reported an upbeat fourth-quarter profit. Cubic's quarterly net income climbed to $24.1 million, or $0.90 per share, from $13.3 million, or $0.49 per share, in the year-ago period. Its sales dropped to $346.9 million. However, analysts were expecting earnings of $0.77 per share on sales of $351.8 million.

Hanwha SolarOne Co (NASDAQ: <a class="ticker" href="/stock/hsol#NASDAQ">HSOL</a>) reported a wider-than-expected third-quarter loss and lowered its full-year shipment forecast. Hanwha SolarOne lowered its full-year module shipments forecast to 815 to 835 megawatts, versus 1 gigawatts. Hanwha SolarOne reported a quarterly net loss of $27.9 million, or $0.33 per American Depository Share (<a class="ticker" href="/stock/ads#">ADS</a>), versus a year-ago profit of $40.2 million, or $0.53 per ADS. Its revenue dropped to $225.4 million. Excluding items, Hanwha SolarOne posted a loss of $0.55 per ADS. However, analysts were expecting a loss of $0.08 per ADS on revenue of $278.8 million.

JA Solar Holdings Co (NASDAQ: <a class="ticker" href="/stock/jaso#NASDAQ">JASO</a>) swung to a Q3 net loss on Tuesday. JA Solar posted a quarterly loss of 376 million yuan ($59.1 million), or 2.28 yuan per share, versus a year-ago profit of 513.7 million yuan, or 3.14 yuan per share. Its revenue fell to 2.47 billion yuan from 3.62 billion yuan.

LTX Credence Corp (NASDAQ: <a class="ticker" href="/stock/ltxc#NASDAQ">LTXC</a>) reported a wider-than-expected first-quarter loss. LTX Credence projects Q2 loss of $0.15 to $0.20 per share on revenue of $26 to $30 million. Analysts were projecting a loss of $0.07 per share on revenue of $35.6 million. LTX Credence posted a quarterly loss of $4.9 million, or $0.10 per share, versus earnings of $19.7 million, or $0.39 per share, in the year-ago period. Excluding items, LTX Credence posted a loss $0.08 per share. Its sales declined 46% to $33.75 million. However, analysts were expecting a loss of $0.07 per share on revenue of $37.1 million.

DSW Inc (NYSE: <a class="ticker" href="/stock/dsw#NYSE">DSW</a>) reported upbeat third-quarter profit and lifted its full-year profit forecast. DSW projects comparable store sales to surge 7% to 8% this year. It projects FY earnings of $2.90 to $2.95 per share, versus its prior forecast of $2.70 to $2.85 per share. DSW reported its quarterly net income at $53.7 million, or $0.75 per share, versus a net loss of $3.3 million, or $0.16 per share, in the year-ago period. Its adjusted net income came in at $39.8 million, or $0.88 per share, versus net income of $35.5 million, or $0.79 per share, in the year-ago quarter. DSW's net sales climbed 8.5% to $530.7 million from $489.3 million. However, analysts were expecting earnings of $0.80 per share on revenue of $531.7 million.

Chico's FAS Inc (NYSE: <a class="ticker" href="/stock/chs#NYSE">CHS</a>) reported a weaker-than-expected third-quarter profit. Chico's quarterly net income dropped to $26.5 million, or $0.16 per share, from $28.8 million, or $0.16 per share, in the year-ago period. Excluding items, Chico's earnings came in at $0.18 per share. Chico's sales surged 11.5% to $538.5 million. However, analysts were projecting a profit of $0.20 per share on revenue of $548.9 million.

Daktronics Inc (NASDAQ: <a class="ticker" href="/stock/dakt#NASDAQ">DAKT</a>) reported downbeat second-quarter profit. Daktronics' quarterly earnings dropped to $4 million, or $0.09 per share, from $7 million, or $0.17 per share, in the year-ago period. Its revenue climbed 7% to $135.9 million. However, analysts were expecting earnings of $0.13 per share on revenue of $128.7 million.

Medtronic Inc (NYSE: <a class="ticker" href="/stock/mdt#NYSE">MDT</a>) reported a rise in its second-quarter earnings on Tuesday. Medtronic's quarterly earnings surged to $871 million, or $0.82 per share, from $566 million, or $0.52 per share, in the year-ago period. Excluding items, Medtronic earned $0.84 per share. Its revenue surged to $4.13 billion from $3.90 billion. However, analysts were expecting earnings of $0.82 per share on revenue of $4.07 billion.

Signet Jewelers Ltd (NYSE: <a class="ticker" href="/stock/sig#NYSE">SIG</a>) reported a better-than-expected quarterly profit. Signet's quarterly net income surged to $26.1 million, or $0.30 per share, from $6 million, or $0.07 per share, in the year-ago period. Its overall sales came in at $710.5 million. However, analysts were expecting earnings of $0.21 per share on revenue of $681.21 million.

George Weston Ltd (OTC: <a class="ticker" href="/stock/wngrf#OTC">WNGRF</a>) reported a 50% surge in its third-quarter profit. George Weston's quarterly earnings climbed to C$264 million, or C$1.94 per basic share, from C$176 million, or C$1.26 per basic share, in the year-earlier period. On an adjusted basis, George Weston earnings came in at C$1.44 per basic share. Its sales surged 2.4% to C$10.06 billion.

Cracker Barrel Old Country Store Inc (NASDAQ: <a class="ticker" href="/stock/cbrl#NASDAQ">CBRL</a>) reported better-than-expected first-quarter profit. Cracker Barrel's quarterly net income came in at $23.8 million, versus $23.7 million, in the year-ago period. Its GAAP EPS climbed to $1.03 from $1.01. Cracker Barrel's adjusted earnings came in at $1.09 per share. Its revenue came in at $598.4 million, versus $598.7 million. However, analysts were expecting earnings of $1.05 per share on revenue of $602.2 million.

LDK Solar Co (NYSE: <a class="ticker" href="/stock/ldk#NYSE">LDK</a>) swung to a Q3 net loss on Tuesday. LDK Solar posted a quarterly loss of $114.5 million, or $0.87 an American depositary share, versus a year-ago net income of $93.4 million, or $0.72 per ADS. Its sales fell to $471.9 million from $675.6 million. However, analysts were expecting a loss of $0.43 per share on revenue of $543.8 million. 

Pandora A/S (OTC: <a class="ticker" href="/stock/pndzy#OTC">PNDZY</a>) reported a 41% decline in its third-quarter net profit. Pandora's quarterly net profit dropped to DKK341 million, from DKK581 million, in the year-ago period. Analysts were expecting a net profit of DKK292.8 million. Pandora's earnings before interest and tax (EBIT) declined 32% to DKK506 million from DKK743 million. Pandora's sales dropped 12% to DKK1.57 billion, from DKK1.79 billion, versus analysts' estimates of DKK1.47 billion.

Mitchells &amp; Butlers PLC (OTC: <a class="ticker" href="/stock/mbpff#OTC">MBPFF</a>) swung to a fiscal-year profit from a loss in the year-ago period. Mitchells &amp; Butlers posted its earnings at 125 million pounds ($195.4 million), or 30.5 pence per share, versus a loss of £84 million, or 20.6 pence, in fiscal 2010. Its earnings before special items dropped to 27.7 pence per share from 29.4 pence per share. Its revenue dropped to £1.8 billion from £1.98 billion. 

Suntech Power Holdings Co (NYSE: <a class="ticker" href="/stock/stp#NYSE">STP</a>) swung to a Q3 loss. Suntech Power posted a quarterly net loss of $116 million, or $0.64 an American depositary share, versus a year-ago net income of $33.1 million, or $0.18 per ADS. Its revenue climbed to $809.8 million from $743.7 million. However, analysts were expecting a loss of $0.21 per share on revenue of $779.5 million.

Canadian Solar Inc (NASDAQ: <a class="ticker" href="/stock/csiq#NASDAQ">CSIQ</a>) swung to a Q3 net loss. Canadian Solar posted a quarterly net loss of US$43.9 million, or $1.02 per share, versus a year-ago net income of $20.3 million, or $0.47 per share. Its revenue climbed to $499.6 million from $377.2 million. However, analysts were expecting a loss of $0.52 per share on revenue of $497.9 million.

AirAsia Bhd (OTC: <a class="ticker" href="/stock/aiabf#OTC">AIABF</a>) reported a 53% drop in its fiscal third-quarter net profit. AirAsia's quarterly net profit declined to MYR152.3 million, from MYR327.3 million, in the year-ago quarter. Its revenue climbed 9.9% to MYR1.08 billion from MYR979.7 million. AirAsia's fuel expenses surged 45% to MYR421.2 million. Its staff expenses climbed 38% to MYR126.3 million.

Schaeffler Group reported around 31% drop in its Q3 net profit. Schaeffler's quarterly net profit declined to EUR102 million. Its revenue climbed around 10% to EUR2.70 billion. Schaeffler's earnings before interest and taxes (EBIT) gained around 17% to EUR466 million.

Mitchells &amp; Butlers PLC (OTC: MBPFF) swung to a fiscal-year profit from a loss in the year-ago period. 

Mitchells &amp; Butlers posted its earnings at 125 million pounds ($195.4 million), or 30.5 pence per share, versus a loss of £84 million, or 20.6 pence, in fiscal 2010. Its earnings before special items dropped to 27.7 pence per share from 29.4 pence per share. Its revenue dropped to £1.8 billion from £1.98 billion.

Mitchells & Butlers Swings To Profit

Mitchells & Butlers

Mitchells & Butlers PLC (OTC: <a class="ticker" href="/stock/mbpff#OTC">MBPFF</a>) reported a 3% rise in its comparable sales in the 9 weeks to September 15.

Its comparable sales climbed 2.1% for the 51 weeks of the year to date.

Hormel Foods Corp (NYSE: <a class="ticker" href="/stock/hrl#NYSE">HRL</a>) reported a decline in its Q4 net earnings. Hormel Foods' quarterly net earnings fell to $117.3 million, or $0.43 per share, from $121.1 million, or $0.45 per share, in the year-ago period. Its sales dropped to $2.1 billion from $2.06 billion. However, analysts were expecting a profit of $0.42 per share on sales of $2.13 billion. Hormel Foods forecast FY12 earnings in a range of $1.79 to $1.89 per share, versus $1.74 per share in fiscal 2011.

Campbell Soup Co (NYSE: <a class="ticker" href="/stock/cpb#NYSE">CPB</a>) reported a drop in its first-quarter profit. Campbell Soup's quarterly profit fell to $265 million, or $0.82 per share, from $279 million, or $0.82 per share, in the year-ago period. Campbell Soup had 322 million shares outstanding in the latest quarter, versus 338 million shares, in the year-ago period. Its revenue dropped to $2.16 billion, from $2.17 billion. However, analysts were expecting earnings of $0.79 per share on revenue of $2.21 billion.

Cubic Corp (NYSE: <a class="ticker" href="/stock/cub#NYSE">CUB</a>) reported an upbeat fourth-quarter profit. Cubic's quarterly net income climbed to $24.1 million, or $0.90 per share, from $13.3 million, or $0.49 per share, in the year-ago period. Its sales dropped to $346.9 million. However, analysts were expecting earnings of $0.77 per share on sales of $351.8 million.

Hanwha SolarOne Co (NASDAQ: <a class="ticker" href="/stock/hsol#NASDAQ">HSOL</a>) reported a wider-than-expected third-quarter loss and lowered its full-year shipment forecast. Hanwha SolarOne lowered its full-year module shipments forecast to 815 to 835 megawatts, versus 1 gigawatts. Hanwha SolarOne reported a quarterly net loss of $27.9 million, or $0.33 per American Depository Share (<a class="ticker" href="/stock/ads#">ADS</a>), versus a year-ago profit of $40.2 million, or $0.53 per ADS. Its revenue dropped to $225.4 million. Excluding items, Hanwha SolarOne posted a loss of $0.55 per ADS. However, analysts were expecting a loss of $0.08 per ADS on revenue of $278.8 million.

JA Solar Holdings Co (NASDAQ: <a class="ticker" href="/stock/jaso#NASDAQ">JASO</a>) swung to a Q3 net loss on Tuesday. JA Solar posted a quarterly loss of 376 million yuan ($59.1 million), or 2.28 yuan per share, versus a year-ago profit of 513.7 million yuan, or 3.14 yuan per share. Its revenue fell to 2.47 billion yuan from 3.62 billion yuan.

LTX Credence Corp (NASDAQ: <a class="ticker" href="/stock/ltxc#NASDAQ">LTXC</a>) reported a wider-than-expected first-quarter loss. LTX Credence projects Q2 loss of $0.15 to $0.20 per share on revenue of $26 to $30 million. Analysts were projecting a loss of $0.07 per share on revenue of $35.6 million. LTX Credence posted a quarterly loss of $4.9 million, or $0.10 per share, versus earnings of $19.7 million, or $0.39 per share, in the year-ago period. Excluding items, LTX Credence posted a loss $0.08 per share. Its sales declined 46% to $33.75 million. However, analysts were expecting a loss of $0.07 per share on revenue of $37.1 million.

DSW Inc (NYSE: <a class="ticker" href="/stock/dsw#NYSE">DSW</a>) reported upbeat third-quarter profit and lifted its full-year profit forecast. DSW projects comparable store sales to surge 7% to 8% this year. It projects FY earnings of $2.90 to $2.95 per share, versus its prior forecast of $2.70 to $2.85 per share. DSW reported its quarterly net income at $53.7 million, or $0.75 per share, versus a net loss of $3.3 million, or $0.16 per share, in the year-ago period. Its adjusted net income came in at $39.8 million, or $0.88 per share, versus net income of $35.5 million, or $0.79 per share, in the year-ago quarter. DSW's net sales climbed 8.5% to $530.7 million from $489.3 million. However, analysts were expecting earnings of $0.80 per share on revenue of $531.7 million.

Chico's FAS Inc (NYSE: <a class="ticker" href="/stock/chs#NYSE">CHS</a>) reported a weaker-than-expected third-quarter profit. Chico's quarterly net income dropped to $26.5 million, or $0.16 per share, from $28.8 million, or $0.16 per share, in the year-ago period. Excluding items, Chico's earnings came in at $0.18 per share. Chico's sales surged 11.5% to $538.5 million. However, analysts were projecting a profit of $0.20 per share on revenue of $548.9 million.

Daktronics Inc (NASDAQ: <a class="ticker" href="/stock/dakt#NASDAQ">DAKT</a>) reported downbeat second-quarter profit. Daktronics' quarterly earnings dropped to $4 million, or $0.09 per share, from $7 million, or $0.17 per share, in the year-ago period. Its revenue climbed 7% to $135.9 million. However, analysts were expecting earnings of $0.13 per share on revenue of $128.7 million.

Medtronic Inc (NYSE: <a class="ticker" href="/stock/mdt#NYSE">MDT</a>) reported a rise in its second-quarter earnings on Tuesday. Medtronic's quarterly earnings surged to $871 million, or $0.82 per share, from $566 million, or $0.52 per share, in the year-ago period. Excluding items, Medtronic earned $0.84 per share. Its revenue surged to $4.13 billion from $3.90 billion. However, analysts were expecting earnings of $0.82 per share on revenue of $4.07 billion.

Signet Jewelers Ltd (NYSE: <a class="ticker" href="/stock/sig#NYSE">SIG</a>) reported a better-than-expected quarterly profit. Signet's quarterly net income surged to $26.1 million, or $0.30 per share, from $6 million, or $0.07 per share, in the year-ago period. Its overall sales came in at $710.5 million. However, analysts were expecting earnings of $0.21 per share on revenue of $681.21 million.

George Weston Ltd (OTC: <a class="ticker" href="/stock/wngrf#OTC">WNGRF</a>) reported a 50% surge in its third-quarter profit. George Weston's quarterly earnings climbed to C$264 million, or C$1.94 per basic share, from C$176 million, or C$1.26 per basic share, in the year-earlier period. On an adjusted basis, George Weston earnings came in at C$1.44 per basic share. Its sales surged 2.4% to C$10.06 billion.

Cracker Barrel Old Country Store Inc (NASDAQ: <a class="ticker" href="/stock/cbrl#NASDAQ">CBRL</a>) reported better-than-expected first-quarter profit. Cracker Barrel's quarterly net income came in at $23.8 million, versus $23.7 million, in the year-ago period. Its GAAP EPS climbed to $1.03 from $1.01. Cracker Barrel's adjusted earnings came in at $1.09 per share. Its revenue came in at $598.4 million, versus $598.7 million. However, analysts were expecting earnings of $1.05 per share on revenue of $602.2 million.

LDK Solar Co (NYSE: <a class="ticker" href="/stock/ldk#NYSE">LDK</a>) swung to a Q3 net loss on Tuesday. LDK Solar posted a quarterly loss of $114.5 million, or $0.87 an American depositary share, versus a year-ago net income of $93.4 million, or $0.72 per ADS. Its sales fell to $471.9 million from $675.6 million. However, analysts were expecting a loss of $0.43 per share on revenue of $543.8 million. 

Pandora A/S (OTC: <a class="ticker" href="/stock/pndzy#OTC">PNDZY</a>) reported a 41% decline in its third-quarter net profit. Pandora's quarterly net profit dropped to DKK341 million, from DKK581 million, in the year-ago period. Analysts were expecting a net profit of DKK292.8 million. Pandora's earnings before interest and tax (EBIT) declined 32% to DKK506 million from DKK743 million. Pandora's sales dropped 12% to DKK1.57 billion, from DKK1.79 billion, versus analysts' estimates of DKK1.47 billion.

Mitchells & Butlers PLC (OTC: <a class="ticker" href="/stock/mbpff#OTC">MBPFF</a>) swung to a fiscal-year profit from a loss in the year-ago period. Mitchells & Butlers posted its earnings at 125 million pounds ($195.4 million), or 30.5 pence per share, versus a loss of £84 million, or 20.6 pence, in fiscal 2010. Its earnings before special items dropped to 27.7 pence per share from 29.4 pence per share. Its revenue dropped to £1.8 billion from £1.98 billion. 

Suntech Power Holdings Co (NYSE: <a class="ticker" href="/stock/stp#NYSE">STP</a>) swung to a Q3 loss. Suntech Power posted a quarterly net loss of $116 million, or $0.64 an American depositary share, versus a year-ago net income of $33.1 million, or $0.18 per ADS. Its revenue climbed to $809.8 million from $743.7 million. However, analysts were expecting a loss of $0.21 per share on revenue of $779.5 million.

Canadian Solar Inc (NASDAQ: <a class="ticker" href="/stock/csiq#NASDAQ">CSIQ</a>) swung to a Q3 net loss. Canadian Solar posted a quarterly net loss of US$43.9 million, or $1.02 per share, versus a year-ago net income of $20.3 million, or $0.47 per share. Its revenue climbed to $499.6 million from $377.2 million. However, analysts were expecting a loss of $0.52 per share on revenue of $497.9 million.

AirAsia Bhd (OTC: <a class="ticker" href="/stock/aiabf#OTC">AIABF</a>) reported a 53% drop in its fiscal third-quarter net profit. AirAsia's quarterly net profit declined to MYR152.3 million, from MYR327.3 million, in the year-ago quarter. Its revenue climbed 9.9% to MYR1.08 billion from MYR979.7 million. AirAsia's fuel expenses surged 45% to MYR421.2 million. Its staff expenses climbed 38% to MYR126.3 million.

Schaeffler Group reported around 31% drop in its Q3 net profit. Schaeffler's quarterly net profit declined to EUR102 million. Its revenue climbed around 10% to EUR2.70 billion. Schaeffler's earnings before interest and taxes (EBIT) gained around 17% to EUR466 million.

Mitchells & Butlers PLC (OTC: MBPFF) swung to a fiscal-year profit from a loss in the year-ago period. 

Mitchells & Butlers posted its earnings at 125 million pounds ($195.4 million), or 30.5 pence per share, versus a loss of £84 million, or 20.6 pence, in fiscal 2010. Its earnings before special items dropped to 27.7 pence per share from 29.4 pence per share. Its revenue dropped to £1.8 billion from £1.98 billion. 


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