Publix Posts Mixed Q4 Results

Publix Posts Mixed Q4 Results

Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...
Warm Weather Deals Ace Hardware a Sour Q4

Warm Weather Deals Ace Hardware a Sour Q4

Ace Hardware Corp. suffered a fourth-quarter sales slump, but leadership pointed to positives for the fiscal year in announcing financial results. The fourth quarter net income was $500,000 versus a net loss of $4.6 million in the fiscal year 2022.   The approximately...
Costco  Forges Ahead in January

Costco Forges Ahead in January

For its fiscal January, Costco Wholesale Corp. posted net sales of $22.08 billion, up from $21.13 billion in the year-previous month. With the effects of fuel prices and currency exchange excluded, comparable sales gained 3.4%, with those in the United States up 2.2%,...
CVS Tops Estimates, Creates New Store Segment

CVS Tops Estimates, Creates New Store Segment

As it reported fourth-quarter financials, CVS announced that it had established a new Pharmacy & Consumer Wellness segment, which includes its retail and long-term care pharmacy operations and related pharmacy services, as well as its front store operations, which...