by Mike Duff | Jul 26, 2022 | Retail Articles
In a business update, Walmart provided a revised outlook for the fiscal second quarter and full year as it takes pricing actions to improve inventory levels at Walmart and Sam’s Club stores in the United States. The company expects comparable sales for Walmart U.S.,...
by Mike Duff | Jul 22, 2022 | Retail Articles
In the second quarter, Tractor Supply enjoyed mid-single-digit comparable store sales growth following a 10.5% year-over-year gain in the period a year prior and a solid earnings increase. Net income increased to $396.5 million, or $3.53 per diluted share, from $370...
by Mike Duff | Jul 11, 2022 | Retail Articles
As it kept momentum going, Costco enjoyed double-digit comparable sales in June which included an extra sales day. Sans fuel and foreign exchange effects, comparable sales increased 13% in June versus the year-previous month, the company stated, with clubs in the...
by Mike Duff | Jun 27, 2022 | Retail Articles
Store closures contributed to a bigger first-quarter net loss at Rite Aid Corp., but the company is counting on its expanded pharmacy operations as well as its beauty business and revamped loyalty program to help improve its results. First-quarter net loss was $110.2...
by Mike Duff | Jun 16, 2022 | Retail Articles
Strong identical store sales helped propel The Kroger Co. to a Wall Street beat in the first quarter as the company continues expanding its digital operations. Company net earnings were $664 million, or 90 cents per diluted share, versus $140 million, or 18 cents per...
