The numbers: Bad. Mattel said today it earned $332 million in the third quarter, down 22% from a year earlier. Net sales fell 8% to roughly $2 billion.
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The numbers: Good. American Express said today it earned $1.5 billion in the third quarter, up 8% from the same time last year. Revenue was $8.3 billion, roughly unchanged from a year ago.
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The numbers: Ugly, but expected. Bank of America said today it earned $168 million in the third quarter, down from $2.5 billion a year earlier. Revenue fell 1% to $21.4 billion.
The numbers: Good. Citigroup said today it earned $3.44 billion in the third quarter, up roughly 7% from the same period a year earlier. Revenues rose more than 9%, to $19.6 billion.
The numbers: A bit disappointing. JPMorgan Chase said Tuesday it earned $5.6 billion in the third quarter, up from a loss in the same period a year earlier when it set aside $9.3 billion for legal expenses. Revenue rose 5% to $24.25 billion.
The numbers: Fair. Wells Fargo said today it earned $5.7 billion in the third quarter, up about 3% from the same period a year earlier. The nation’s fourth-biggest bank by assets reported revenue of $21.2 billion, up about 4% from a year ago.
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The numbers: Good. PepsiCo posted net income for the third quarter of $2 billion, up 5% from the same period a year ago. Sales rose 2% to $17.2 billion.
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The numbers: Good. The aluminum giant reported net income of $149 million for the third quarter, up from $24 million from the same period a year earlier. Revenue rose to $6.2 billion, an increase of 8% from a year ago.
The numbers: Fine. Fast Retailing, the parent company of the Japanese clothing chain Uniqlo, said Thursday that it earned ¥74.5 billion ($691 million) for the fiscal year that ended in August, down 28.7% from a year earlier. Sales at the fashion retailer rose 21% year-over-year,to ¥1.38 trillion ($12 billion).
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The numbers: The owner of the combination Pizza Hut and Taco Bell – KFC too – posted net income of $404 million for the third quarter, up 21% from the same period a year earlier. Despite the rise, profit levels at Yum have yet to return to their peak prior to a series of food scares in China that have weighed on results over the last couple years.
The numbers: The world’s top seller of smartphones said today that it expects profits in the third quarter to drop 60% to about 4.1 trillion won ($3.8 billion) from a year earlier while sales are expected to plunge roughly 20% over the same period. The falloff marks the South Korean company’s fifth consecutive decline in sales and what is estimated to be its largest decline in quarterly profit in five years.
Financial markets cheered first-round results of Brazil’s presidential election, but the fate of the country’s economy, which entered recession in the second quarter, remains uncertain.
