-
Spartan Stores' Q3 a mixed bag
GRAND RAPIDS, Mich. — Net sales for Spartan Stores slightly declined nearly 0.6% to $782.3 million during the third quarter.
During the quarter, which ended Jan. 1, Spartan also experienced a rise in operating earnings, which increased from $13.7 million in third quarter 2009 to $16.6 million. Third-quarter earnings from continuing operations improved 42% percent to $7.5 million, or 33 cents per diluted share, from $5.3 million, or 23 cents per diluted share.
-
Whirlpool sees Q4 income growth
BENTON HARBOR, Mich. -- Whirlpool Corporation announced fourth-quarter net earnings of $171 million, or $2.19 per diluted share, compared with $95 million, or $1.24 per diluted share reported during the same period last year. Fourth-quarter adjusted diluted earnings per share totaled $2.11 compared with $1.67 in the prior year. Sales of $5 billion increased 4% from the fourth quarter of 2009.
Fourth-quarter operating profit totaled $202 million compared with $199 million in the prior year.