by Mike Duff | May 8, 2023 | Retail Articles
In April, Costco Wholesale Corp. sales gained across its division led by food and consumables. The company recorded net sales of $17.85 billion for the month, an increase of 3% from the April a year earlier. Comparable store sales excluding the effects of fuel and...
by Mike Duff | May 5, 2023 | Retail Articles
In the midst of reorganizing the company, CVS Health posted lower net income that was still good enough to beat a Wall Street estimate, and it recorded a front-end comp gain. Company net income was $2.14 billion, or $1.65 per diluted share, versus $2.35 billion, or...
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,...
