- Kraft Foods Inc. posted third quarter results. Pro forma worldwide volume was up 3.3 percent, with Kraft Foods North America up 3.0 percent and Kraft Foods International up 4.2 percent. Worldwide volume increased 6.9 percent. Net earnings were up 72.8 percent to $869 million.
- Coca-Cola Enterprises today reported that third-quarter 2002 net income applicable to common shareowners was $190 million. Third-quarter 2002 EBITDA totaled $704 million, up 18 percent versus comparable 2001 results. Net income applicable to common shareowners totaled $414 million for the first nine months of 2002, with EBITDA of $1.88 billion, up 16 percent versus 2001.
- Wal-Mart Mexico (Wal-Mex) reported net profit up 12.1 percent compared with the same quarter a year ago and EBITDA up 17.5 percent. Total sales for the quarter reached 24.258 billion pesos, up 13.4 percent from the third quarter of 2001. Same-store sales, which measure only those stores open at least a year, grew 3.5 percent in the quarter.
