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...
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...
by Mike Duff | Jan 10, 2025 | Retail Articles
In announcing third quarter financial results, Vivek Sankaran, Albertsons Cos. CEO, stated that the company had positioned itself for future growth, despite a planned merger with The Kroger Co. falling through due to opposition from United States Federal and a group...
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,...
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...
