Strauss Group (OTC:SGLJF) Stock, Quote.Headers.trade-ideas

Strauss Group Ltd is a food and beverage company that holds a portfolio of companies including Strauss Coffee B.V., which produces coffee, teas, and other complementary products, and provides coffee services to hotels, restaurants, cafes, and working places; Strauss Israel, which offers a variety of products such as dairies, snacks, and drinks to Israel food market; Strauss Water, which specializes in drinking water solutions; and PepsiCo-Strauss Fresh Dips and Spreads, which supplies vegetarian dips and fresh foods. Its geographical segments are Israel, and Europe and the Rest of the World, of which the company generates most of its revenue from Israel.

Earnings

News

SGLJF

Strauss Group Posts Drop In Q1 Profit

Strauss Group Q3 Net Profit Rises 17%

Strauss Group Q4 Net Profit Rises 2%

STRAUSS GROUP LTD ORD by Strauss Group Ltd.

Strauss Group Ltd

Israeli food maker Strauss Group (OTC: <a class="ticker" href="/stock/sgljf#OTC">SGLJF</a>) posted a fall in its first-quarter profit.

Strauss Group's quarterly adjusted earnings fell to 99 million shekels ($28.5 million), versus 103 million, in the year-ago period.

Its sales slipped 2% to 1.97 billion shekels. Strauss Group's coffee sales declined 12.4%, while international coffee sales tumbled 15.4%.

Strauss Group's sales at its joint venture Sabra increased 14.5%. Sales in Israel climbed 4.4%.

Israeli food maker Strauss Group (OTC: <a class="ticker" href="/stock/sgljf#OTC">SGLJF</a>) posted a 17% gain in its third-quarter profit.

Strauss reported its quarterly earnings of 81 million shekels ($22.8 million), up from 69 million, in the year-ago period. 

Its sales fell 1.9% to 2.04 billion shekels, while global coffee sales dropped 9% to 954 million shekels.

Strauss Group (OTC: <a class="ticker" href="/stock/sgljf#OTC">SGLJF</a>) reported a 2% rise in its net profit for the fourth quarter.

Strauss Group's quarterly adjusted net income climbed to 68 million shekels ($18.4 million), from 67 million, in the year-ago period. 

Its sales increased 1.6% to 2.1 billion shekels, while global coffee sales declined 2.2% to 1.125 billion shekels.

Israel's Strauss Group Ltd (OTC: <a class="ticker" href="/stock/sgljf#OTC">SGLJF</a>) reported a 10% drop in its second-quarter profit.

Strauss Group's quarterly net profit declined to 35 million shekels ($8.71 million). Its revenue climbed 5.2% to ILS1.9 billion.

Strauss Q2 Net Profit Down 10%

Walgreen Co (NYSE: <a class="ticker" href="/stock/wag#NYSE">WAG</a>) reported a drop in its fiscal second-quarter profit. Walgreen's quarterly profit declined to $683 million, or $0.78 per share, from $739 million, or $0.80 per share, in the year-ago period. Its net sales rose to $18.65 billion from $18.50 billion. However, analysts were expecting earnings of $0.77 per share on net sales of $18.63 billion.

Charming Shoppes Inc (NASDAQ: <a class="ticker" href="/stock/chrs#NASDAQ">CHRS</a>) reported a wider-than-expected fiscal fourth-quarter loss. Charming Shoppes posted a quarterly loss at $13.2 million, or $0.11 per share, versus a year-ago loss of $30.4 million, or $0.26 per share. Excluding restructuring charges and other items, Charming Shoppes posted a loss of $0.06 per share. Its net sales dropped 2.9% to $559.1 million. However, analysts were expecting a loss of $0.02 per share on revenue of $542 million. 

Vermillion Inc (NASDAQ: <a class="ticker" href="/stock/vrml#NASDAQ">VRML</a>) reported a Q4 loss at $0.21 per share on revenue of $868 thousand. However, analysts were expecting a loss of $0.26 per share on revenue of $770 thousand.

Lennar Corp (NYSE: <a class="ticker" href="/stock/len#NYSE">LEN</a>) reported a decline in its first-quarter net income. It net income dropped to $15 million, or $0.08 per share, from $27.4 million, or $0.14 per share, in the year-ago period. However, analysts were expecting earnings of $0.04 per share. It also reported a strong rise in orders in the December-February period. Lennar's new orders climbed 33% to 3,022 homes in the period.

McCormick &amp; Company Inc (NYSE: <a class="ticker" href="/stock/mkc#NYSE">MKC</a>) reported a drop in its first-quarter profit. McCormick's quarterly profit declined to $74.5 million, or $0.55 per share, versus $76.8 million, or $0.57 per share, in the year-earlier period. The company's sales climbed to $906.7 million from $782.8 million. However, analysts were expecting earnings of $0.53 per share on sales of $863.7 million. 

Wolseley PLC (OTC: <a class="ticker" href="/stock/wosyy#OTC">WOSYY</a>) reported a 28% surge in its half year profit. Wolseley's profit before tax for the period rose to GBP250 million, versus GBP195 million, in the year-ago period. Its revenue came in at GBP6,841 million. Wolseley's trading profit climbed 13% to GBP310 million. Wolseley's underlying trading profit in the ongoing business surged 16% to GBP318 million.

Kazakhmys PLC (OTC: <a class="ticker" href="/stock/kzmyy#OTC">KZMYY</a>) reported a 36% decline in its full-year net profit. Kazakhmys' FY net profit attributable to equity shareholders fell to $930 million, versus $1.45 billion in 2010. Its FY EBITDA climbed 3.2% to $2.93 billion.

Israeli company Strauss Group Ltd (OTC: <a class="ticker" href="/stock/sgljf#OTC">SGLJF</a>) reported a flat fourth-quarter earnings. Strauss reported its Q4 net profit at 33 million shekels ($8.9 million), the same as in the year-ago quarter. Its sales rose to ILS2.1 billion, from ILS1.8 billion. Strauss' full-year net profit dropped to ILS161 million, versus ILS211 million in 2010. Its sales revenue climbed 13% to ILS7.7 billion.

Dongfeng Motor Group (OTC: <a class="ticker" href="/stock/dnfgy#OTC">DNFGY</a>) reported a 4.6% drop in its annual earnings in 2011. Dongfeng's 2011 earnings fell to 10.48 billion yuan ($1.66 billion), versus analysts' estimates of 10.95 billion yuan. Its revenue rose 7.4% y/y to 131.44 billion yuan.

Neogen Corp (NASDAQ: NEOG) reported its Q1 EPS at $0.22 on revenue of $44.9 million. However, analysts were expecting earnings of $0.22 per share on revenue of $45.70 million.

Gol Linhas Aereas Inteligentes SA (NYSE: <a class="ticker" href="/stock/gol#NYSE">GOL</a>) reported a drop in its fourth-quarter net profit. Gol's quarterly net profit fell to 54.27 million Brazilian reais ($30 million), from BRL132.2 million, in the year-ago quarter. Its operating expenses climbed 41% y/y to BRL2.26 billion, from BRL1.6 billion. Gol's net revenue surged 19.5% to BRL2.23 billion from BRL1.87 billion. Gol's earnings before interest, taxes, depreciation, amortization and aircraft rental costs, (EBITDAR) declined to BRL238 million, from BRL475 million. 

Hon Hai Precision Industry Co (OTC: <a class="ticker" href="/stock/hnhpf#OTC">HNHPF</a>) reported a 66% surge in its fourth-quarter net profit. Hon Hai's quarterly net profit climbed to NT$35.0 billion, from NT$21 billion, in the year-ago period. Its revenue surged 24% to NT$1.074 trillion versus NT$863.2 billion in the previous quarter.

Companhia Siderurgica Nacional (NYSE: <a class="ticker" href="/stock/sid#NYSE">SID</a>), or CSN, reported an 81% surge in its fourth-quarter net profit. CSN's quarterly profit jumped to 817 million Brazilian reais ($450 million), from BRL450 million, in the year-earlier period. Its net revenue climbed to BRL4.17 billion, from BRL3.44 billion. CSN's earnings before interest, taxes, depreciation and amortization (EBITDA) rose 1% y/y to BRL1.46 billion.

Pre-Market Outlook

Markets

CHRS

DNFGY

HNHPF

KZMYY

NEOG

VRML

WOSYY

Earnings Roundup

Israeli company Strauss Group Ltd (OTC: SGLJF) reported a flat fourth-quarter earnings. 

Strauss reported its Q4 net profit at 33 million shekels ($8.9 million), the same as in the year-ago quarter. Its sales rose to ILS2.1 billion, from ILS1.8 billion. 

Strauss' full-year net profit dropped to ILS161 million, versus ILS211 million in 2010. Its sales revenue climbed 13% to ILS7.7 billion.

Strauss Reports Flat Q4 Net Profit

In a report released today, Feng Zhang from Jefferies reiterated a Hold rating on Strauss Group (SGLJF – Research Report), with a price target of I...

Hold Rating on Strauss Group Amid Revenue Shortfalls and Economic Challenges

Analyst Feng Zhang of Jefferies maintained a Hold rating on Strauss Group (SGLJF – Research Report), with a price target of ILs75.00. Feng Zhang ha...

Hold Rating on Strauss Group Amidst Balanced Strengths and Investment Period

Strauss reports Q4 results

Jefferies analyst Feng Zhang maintained a Hold rating on Strauss Group (SGLJF – Research Report) today and set a price target of ILs75.00. Feng Zha...

Hold Rating Justified by Strauss Group's Mixed Performance and Market Challenges

Strauss reports Q1 results

Strauss reports Q2 results

Barclays analyst Tavy Rosner raised the firm's price target on Strauss Group (SGLJF) to ILS 7,900 from ILS 7,000 and keeps an Underweight rating on...

Comments

Strauss Group

Strauss Group (SGLJF) Forecast

Strauss Group (OTC:SGLJF) Stock, Quote.Headers.trade-ideas

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga