Del Monte Foods Co, (DLM), also announced a transformation plan that includes the elimination of management layers. Del Monte anticipates to incur pre-tax charges of about $110 million over the next two years from the plan, but also expects higher long-term growth because of costs savings. For the first quarter, Del Monte forecast earnings per share to be flat to a loss of 4 cents.

Gerber Scientific Inc., (GRB), apparel and flexible materials company, reported Q4 net income of 17 cents a share. Results were hurt by a charge of 2 cents a share related to the adoption of accounting for contingent asset retirement obligations. Revenue came to $143.1 million. The company did not provide year-ago results. The company topped analysts’ expectation for earning of 11 cents a share. The company added that incorrect accounting for its non-qualified supplemental pension plan may have resulted in an understatement of previously reported expenses during fiscal 1994 through fiscal 2005, net of income taxes, of about $800,000 to $1.5 million.

Family Dollar Stores Inc, (FDO), discount retailer, reported that Q3 income advanced to 37 cents a share, from 32 cents in the year-ago period. Sales increased to $1.57 billion from $1.43 billion in last year''s Q3. The company topped analysts’ forecasts for earnings of 35 cents a share. forecast earnings of 19 cents to 22 cents a share. Analysts'' estimate stands at 20 cents

Rite Aid Corp, (RAD), drugstore operator, reported that Q1 income dropped to 1 cent a share, much lower than 5 cents a year ago despite revenue growth and same-store sales growth. The company missed analysts’ forecasts for earnings of 3 cents a share. For fiscal 2007, company reaffirmed its outlook for earnings of 2 cents a share to a loss of 7 cents.