by Mike Duff | Feb 14, 2024 | Retail Articles
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...
by Mike Duff | Feb 8, 2024 | Retail Articles
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%,...
by Mike Duff | Feb 7, 2024 | Retail Articles
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...
by Mike Duff | Nov 27, 2023 | Retail Articles
While announcing substantial growth intentions, Burlington Stores posted third-quarter earnings and revenues just shy of a Wall Street estimate but with strong comparable sales growth. Net income was $48.6 million, or 75 cents per diluted share, versus $16.8 million,...
by Mike Duff | Nov 15, 2023 | Retail Articles
In the third quarter, Ace Hardware Corp. reported record revenues of $2.29 billion, up 2.5% from the year-before period. The cooperative posted net income of $130 million versus $100.6 million, while net income attributable to Ace Corporation was $130.5 million versus...
