GROWTH AMONG MINNESOTA'S S&P 500 COMPANIES
The 16 Minnesota public companies in the Standard & Poor's 500 index saw earnings grow on average more than 20 percent on a 10 percent revenue increase in the second quarter. Ameriprise and U.S. Bancorp, like other financial service companies, showed a strong earnings rebound. General Mills and Supervalu were caught in a weak sector. The consumer staples industry group within the S&P 500 was one of the worst-performing sectors.
EPS Sales Name growth* growth
Ameriprise Financial Inc. 89.7% 35.8%
Fastenal Co. 61.1% 20.3%
U.S. Bancorp 46.4% 2.9%
UnitedHealth Group Inc. 35.6% 7.4%
3M Co. 27.3% 17.7%
St. Jude Medical Inc. 25.4% 10.8%
Target Corp. 16.5% 3.1%
Xcel Energy Inc. 16.0% 14.5%
Ecolab Inc. 14.6% 5.5%
Patterson Cos. Inc. 13.0% 4.2%
Medtronic Inc. 11.4% 9.6%
Hormel Foods Corp. 10.5% 9.9%
C.H. Robinson Worldwide 9.3% 27.4%
General Mills Inc. -7.8% -2.1%
Best Buy Co. Inc. -14.3% 6.9%
Supervalu Inc. -21.8% -9.2%
Earnings per share from continuing operations
Source: Bloomberg
