Macy’s Comps, Earnings Climb in Q1

Macy’s Comps, Earnings Climb in Q1

Macy’s posted comparable sales gains across all three banners in the first quarter while earnings exceeded Wall Street expectations. Net income was $63 million, or 23 cents per diluted share, versus $38 million, or 13 cents per diluted share, in the year-prior...
Costco Extends Sales Momentum Through April

Costco Extends Sales Momentum Through April

For the fiscal month of April, Costco Wholesale Corp. posted net sales of $23.92 billion, up from $21.18 billion a year earlier. Comparable sales, excluding the effects of gasoline price and foreign exchange volatility, gained 7.8% in the month year over year, the...