Stater Bros. reports Q3
SAN BERNARDINO, Calif. — Consolidated sales for regional supermarket chain Stater Bros. rose more than 4% in the third quarter, the company said Wednesday.
For the period ended June 26, Stater Bros. said consolidated sales reached $939 million, an increase of $39 million, or 4.33%, compared with the year-ago period. Similarly, same-store sales for the quarter rose $39 million, or 4.33%.
For the quarter, the retailer also reported third-quarter net income jumped 18.33% to $7.1 million, compared with third quarter 2010.
Stater Bros. currently operates 167 supermarkets in Southern California.
Beauty mavens vote for their favorite cause online via ‘EcoTools Gives Back’
GURNEE, Ill. — EcoTools, a Paris Presents brand and a maker of eco-conscious personal care products, introduced in July “EcoTools Gives Back,” an online voting platform that enables consumers to vote for their favorite cause.
As part of its partnership with 1% For The Planet — an alliance of businesses committed to leveraging their resources to create a healthier planet — and EarthShare, EcoTools chose three charities and gave consumers a chance to decide for themselves how the brand’s yearly donation should be divided. The finalists included the following organizations, all of which are included in EarthShare’s network of causes:
- The Conservation Fund: Aims to protect America’s outdoors, from forests and fields to even the water’s edge, and strives to build both a healthy environment and a healthy economy;
- Ocean Conservancy: Seeks to keep Earth’s oceans clean and free of pollution, while working to keep the coast clear by stopping trash at the source before it reaches the coastline; and
- The Jane Goodall Institute: Improves global understanding and treatment of great apes through research, public education and advocacy, and contributes to the preservation of great apes and their habitats by combining conservation with education and promotion of sustainable livelihoods in local communities.
The donations from the contest were divided based on the percentage of total votes received for each charitable organization. The campaign resulted in 60,463 total votes, with 68% of the total for The Jane Goodall Institute. The Ocean Conservancy received 18% of the total votes and the Conservation Fund received 14%.
Endo sales, profits climb in Q2
CHADDS FORD, Pa. — Profits for Endo Pharmaceutical Holdings rose to $54.6 million during second quarter 2011, up 6% from $51.5 million in second quarter 2010, the drug maker said.
Sales for the quarter were $607.5 million, compared with $396.5 million in second quarter 2010. Sales of branded drugs were $398.3 million, an 8% increase over last year, which the company attributed to better sales of the pain drug Opana ER and the joint pain drug Voltaren Gel.
Generic drug sales were $133 million, compared with $27.7 million last year, with the large increase resulting from the November acquisition of Qualitest Pharmaceuticals. Medical device and service sales were $76.3 million, of which $26.8 million came from the June acquisition of American Medical Systems.
Endo expects 2011 sales to total between $2.72 billion and $2.8 billion. This includes $1.63 billion to $1.69 billion from branded drugs, $464 million to $550 million from generic drugs and $520 million to $550 million from medical devices and services.