December 18, 2023 by MMR
Dollar Tree, third quarter
2023, Issue 12-18-2023
CHESAPEAKE, Va. — Dollar Tree Inc. reported third quarter financial results that were in line with expectations and reflect continued execution across all lines of its business transformation. “In a challenging retail environment where the accumulating pressures of inflation, reduced government benefits and depleted savings have negatively affected lower-income consumers, our top-line performance outpaced most
November 27, 2023 by MMR
third quarter, Walmart
Issue 11-27-2023
BENTONVILLE, Ark. — Walmart cited strong grocery sales and gains in e-commerce in posting fiscal third quarter earnings that beat consensus estimates. “We had strong revenue growth across segments for the quarter, and we’re excited to get an early start to the holiday season,” said Doug McMillon, Walmart’s president and chief executive officer. Walmart said
November 27, 2023 by MMR
Target, third quarter
Issue 11-27-2023
MINNEAPOLIS — Target Corp. posted better-than-expected earnings for its fiscal third quarter despite another decline in comparable-store sales. Shoppers remain cautious, the company said, but did spend for necessities like food, school supplies and beauty aids. Comparable sales were down 4.9% in the three months to October 28. In-store comps declined 4.6% while digital comps
November 27, 2023 by MMR
BJ's, third quarter
Issue 11-27-2023
MARLBOROUGH, Mass. —BJ’s Wholesale Club reported strong third quarter results driven by membership growth and traffic and margin improvement. Comparable-club sales, excluding gasoline sales, remained approximately flat year over year. But the company said its digitally enabled comparable sales growth was up 16% year over year. And membership fee income increased by 6.6% year over
November 1, 2023 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, Karen Lynch, third quarter
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — CVS Health topped Wall Street’s estimates for third-quarter revenue and earnings. Adjusted earnings per share of $2.21 exceeded analysts’ predicted $2.13, while revenue of $89.76 billion beat the forecast of $88.2 billion. “Our colleagues helped us deliver another quarter of positive results across our business areas,” said president and CEO Karen Lynch.
January 10, 2023 by MMR
Albertsons, Albertsons CEO Vivek Sankaran, third quarter
Leading Headlines, Money, Retail News
BOISE, Idaho — Albertsons Cos. reported net earnings of $375.5 million, or 20 cents a share, for fiscal third quarter ended December 3. That’s down from $424.5 million, or 74 cents a share, in prior year period. Adjusted net income was $505 million, or $0.87 per share, which beat the 66 cent FactSet consensus forecast.
November 16, 2022 by MMR
Target, Target chairman and CEO Brian Cornell, third quarter
Featured Articles, Leading Headlines, Money, Retail News, Uncategorized
MINNEAPOLIS — Target Corp.’s shares fell in early trading on Wednesday, after the company reported softening sales and a drop in earnings for its fiscal third quarter. Target reported that its comparable sales increased 2.7% in the quarter, on top of 12.7% growth in last year’s quarter. That performance was led by growth in such
October 28, 2022 by MMR
Amazon, third quarter
Featured Articles, Leading Headlines, Money, Retail News
SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net
July 11, 2022 by MMR
third quarter, Walgreens Boots Alliance, WBA
2022, Issue 07-11-2022, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) sales in its third quarter declined 4.2% from a year earlier on flagging demand for vaccines and COVID-19 tests. Quarterly earnings also took a $683 million hit related to the company’s settlement with the state of Florida to resolve claims tied to the dispensing of prescription opioids, the
May 27, 2022 by MMR
Costco, third quarter
Featured Articles, Leading Headlines, Money, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. reported that net sales for the company’s third quarter totaled $51.61 billion, a 16.3% increase over the $44.38 billion reported for the comparable period last year. Net sales for the year-to-date period ending May 8 increased 16.4%, to $151.97 billion, from $130.61 billion last year. Comparable sales for the
January 31, 2022 by MMR
Albertsons, third quarter
2022, Issue 01-31-2022, Issues
BOISE, Idaho — Albertsons Cos. reported increased sales and earnings for its fiscal 2021 third quarter, which ended December 4. Identical sales increased 5.2%; on a two-year stacked basis identical sales growth was 17.5%. Digital sales increased 9%, and the gain on a two-year stacked basis was 234%. Net income was $424.5 million, or 74
December 21, 2021 by MMR
Rite Aid, third quarter
Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. – Rite Aid Corp. posted adjusted earnings of $8.2 million or 15 cents per share for the third quarter, surprising analysts who had forecast an 18 cents per share loss. The company reported a net loss of $36.1 million, or 67 cents per share, for the quarter ended November 27. Adjusted EBITDA