Earnings Roundup: Hormel, GameStop

Among the earnings stories for Thursday, May 21, from AP Financial News:

MILWAUKEE (AP) — Hormel Foods Corp. said Thursday that its fiscal second-quarter profit edged up 4 percent as the maker of Spam and Dinty Moore stews sold more canned meats and Mexican products to budget-conscious consumers.

GRAPEVINE, Texas (AP) — GameStop Corp. reported higher earnings and sales Thursday, helped by the release of Nintendo's DSi handheld gaming system and strong sales of "Resident Evil 5" and "Street Fighter IV."

NEW YORK (AP) — New York & Co. on Thursday posted a fiscal first-quarter loss and said it would lose about the same amount in the second-quarter.

PLEASANTON, Calif. (AP) — Discount retail chain Ross Stores Inc. said Thursday its first-quarter profit rose 15 percent as consumers were attracted to its bargain prices amid the recession. The company raised its full-year profit forecast.

YORK, Pa. (AP) — Bon-Ton Stores Inc. said Thursday that its fiscal first-quarter loss widened due to a much smaller income tax benefit and sliding sales.