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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| September 02, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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Carrefour profit pleases investors

The world's No. 2 food retailer's profit increased 5.3% in the 1st half to $654 mil, as int'l operations and lower finance costs offset tough conditions at its core French superstores. European store revenues ex France climbed 6%, while Asian revenue rose 14%. Profit ex items rose 11% to $647 mil, over views. It sees double-digit earnings per share growth for the full-year, as price cuts drive shoppers to its French stores. Shares climbed in Paris.

Wendy's sees stormy Aug. sales

The fast-food restaurant chain said Hurricane Charley and other storms in the southeastern United States hurt same-store sales; its comps rose 2.8%, with sales at its Canadian ...

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