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Nonfoods, E-Commerce Drive Costco January Comp Gains

Nonfoods, E-Commerce Drive Costco January Comp Gains

by Mike Duff | Feb 10, 2025 | Retail Articles

Costco Wholesale Corp for its fiscal month of January posted net sales of $19.51 billion versus $17.87 billion in the month a year before. With the effects of changes in gasoline prices and foreign exchange excluded, Costco’s comparable stores sales advanced...
Walgreens Pursues Retail Turnaround but Q1 Comps Slip

Walgreens Pursues Retail Turnaround but Q1 Comps Slip

by Mike Duff | Jan 10, 2025 | Retail Articles

As it engages in a turnaround effort, Walgreens Boots Alliance posted lower earnings and lower retail comparable sales but still beat Wall Street estimates. Company net loss in the first quarter was $265 million, or 31 cents per share, versus a net loss of $67...
Nonfoods, E-Commerce Drive Costco January Comp Gains

Costco Posts Strong December Gains with Boost from Nonfoods

by Mike Duff | Jan 9, 2025 | Retail Articles

For the fiscal month of December, Costco Wholesale Corp. posted net sales of $27.52 billion, up 9.9% from the year-earlier period. Comparable sales, with the effect of changes in gasoline prices and foreign exchange excluded, were up 9.9% versus the fiscal month a...
Nonfoods, E-Commerce Drive Costco January Comp Gains

Costco Advances Through Q1 With Help from Home Furnishings, Nonfoods

by Mike Duff | Dec 13, 2024 | Retail Articles

Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...
Ross Q3 Momentum Slowed By Weather, Execution Issues

Ross Q3 Momentum Slowed By Weather, Execution Issues

by Mike Duff | Nov 22, 2024 | Retail Articles

Headwinds limited Ross Stores’ gains in the third quarter, the company reported, even as its customers remain wary of discretionary spending. Net earnings for the quarter were $488.8 million, or $1.48 per diluted share, versus $447.3 million, or $1.33 per...
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