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Earnings Roundup: Discover Financial, Winnebago

The Associated Press

06/18/09 - 02:25 PM EDT

Among the earnings stories for Thursday, June 18, from AP Financial News:

CHARLOTTE, N.C. (AP) — Discover Financial Services said Thursday it managed to remain profitable during its fiscal second quarter, thanks to a payment from a lawsuit settlement.

NEW YORK (AP) — Winnebago Industries Inc., the nation's biggest motor-home manufacturer by market share, posted a loss of $8.6 million in its fiscal third quarter, as revenue continued to crumble in the face of falling RV sales.

NEW YORK (AP) — Russian dairy, food and juice company Wimm-Bill-Dann Foods OJSC said Thursday that its first-quarter profit tumbled 71 percent as dairy and beverage sales were hurt by the stronger dollar.

NEW YORK (AP) — J.M. Smucker Co. said Thursday its fiscal fourth-quarter profit more than doubled, helped by consumers' desire to eat at home and the company's acquisition of the Folgers coffee brand last year.


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