Biscuits and confectionery items increased 4percentto to $362.7 million.
Profits before interest, tax and other items increased 14.5% to £84.3m.
Earnings before interest, tax, interest and other items increased to £14.1m from £12.2m.
Sales for less expensive items increased significantly, he said, while sales for items ranging from $60 to $100 have dropped.
Wholesale sales of durable items increased even faster, rising 1.4percentt in December, and inventories of nondurable goods climbed 0.1percentt, led by petroleum, chemicals and groceries.
Pre-tax profits for the six months to 26 July, excluding exceptional items, increased by 11.8% to £130.6m but were flat when property profits of £11m were excluded.
Earnings adjusted to exclude items increased to $36.9 million, or 17 cents a share, from $24.5 million, or 12 cents a share, a year earlier.
ITN pointed out that last year operating profit on ordinary activities before exceptional items increased by 33% to £5m – a £7.9m rise since 2009.
In contrast, prices of 47percentt of the items increased in June last year and in January 2002 only 13percentt gained.
Expenses excluding special items increased 2.9percentthethe company said, compared with figures for the period a year earlier, adjusted for the accounting change.
The company's "adjusted operating income before depreciation and amortization"— the method Time Warner uses to present year-over-year performance excluding one-time items — increased to $2.655 billion in the quarter, from $2.489 billion.
