by Mike Duff | Dec 9, 2022 | Retail Articles
Market researcher Numerator has pegged Amazon as the Black Friday Weekend sales leader. In its report on the shopping period, Numerator stated: Amazon captured 17.7% of dollars spent, which was a jump from its average 10.1% share in the latest 52 weeks ending...
by Mike Duff | Dec 9, 2022 | Retail Articles
Costco made solid gains in the first quarter of its fiscal year with comparable store sales and profits both up but fell short of Wall Street revenue and earnings estimates. Net income for the quarter was $1.36 billion, or $3.07 per diluted share, versus $1.32...
by Mike Duff | Oct 7, 2022 | Retail Articles
Costco reported solid gains in September with minimal impacts from Hurricane Ian. Comparable sales against September 2021, excluding fuel and foreign exchange effects, gained 8% in the United States, 9.6% in Canada, 11% in other international markets and 8.6%, Costco...
by Mike Duff | Sep 23, 2022 | Retail Articles
In the fourth quarter, Costco posted double-digit company comps as earnings and total sales beat an analyst estimate. The company reported that net income for the fourth quarter was $1.87 billion, or $4.20 per diluted share, versus $1.67 billion, or $3.76 per diluted...
by Mike Duff | Aug 22, 2022 | Retail Articles
The COVID-19 pandemic gave wholesale clubs Costco Wholesale Corp., BJ’s Wholesale Club and Sam’s Club a lift and strength carried throughout 2021, according to traffic tracker Placer.ai, but even if early 2022 data suggests that the retail channel is undergoing a mild...
