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%