by Mike Duff | May 3, 2023 | Retail Articles
Net and comp sales at Publix gained in the first quarter but earnings came in essentially flat. For the three months ended April 1, Publix’s sales were $14.3 billion, an 8.2% increase from the quarter in 2022. Comparable store sales for the quarter grew 6.4% year...
by Mike Duff | Apr 20, 2023 | Retail Articles
Rite Aid narrowed adjusted loss in the fourth quarter but was short of Wall Street expectations even as sales surpassed an analyst estimate. For the quarter, Rite Aid announced that it lost $241.3 million, or $4.39 per diluted share, versus a loss of $389.1 million,...
by Mike Duff | Mar 28, 2023 | Retail Articles
In the second quarter, Walgreens Boots Alliance saw earnings slip, with the waning COVID-19 pandemic playing a role, but sales gain and both metrics beat Wall Street estimates. Walgreens posted company net earnings of $703 million, or 81 cents per diluted share,...
by Mike Duff | Mar 13, 2023 | Retail Articles
On the way to a strong fiscal year result, Ulta Beauty enjoyed several historical first even as it easily beat Wall Street estimates. Net income was $340.8 million, or $6.68 per diluted share, versus $289.4 million, or $5.41 per diluted share, in the year-prior...
by Mike Duff | Mar 9, 2023 | Retail Articles
A strong fourth quarter helped Publix post solid financial gains in 2022. Net earnings for the three months ended December 31, 2022, were $1.3 billion, or 38 cents per share, versus $1.1 billion, or 31 cents per share, in the year-earlier period, adjusted for the...
