Food, Third Quarter Earnings | featured news

Wendy's loss widens amid turnaround push

Wendy's says its net loss widened in the third quarter as it paid off debt, but noted that a key sales figure rose. The company, which is in the midst of a turnaround push, says revenue at restaurants open at least 15 months rose 2.7 percent, marking the sixth straight quarter of growth.

 

Kraft's profit rises as new products drive sales

Kraft Foods' net income rose 13 percent in the third quarter, the food maker said Wednesday, as new products and increased advertising helped it top Wall Street expectations.

 

PepsiCo 3Q profit climbs on snack, beverage sales

PepsiCo Inc.'s third-quarter profit rose 4 percent because of higher prices and strong sales of its snacks and beverages, especially overseas.

 

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