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2022 first quarter

Albertsons posts Q1 sales increase, raises outlook

Albertsons posts Q1 sales increase, raises outlook

BOISE, Idaho — Albertsons Cos. reported top and bottom line gains for its fiscal first quarter, and raised its outlook for the year. The company said Tuesday that identical sales increased 6.8% for the quarter, which ended June 18. Digital sales increased 28%, and net income increased about 8.1%, to $484.2 million, or $0.84 per

Kroger beats estimates, raises outlook

Kroger beats estimates, raises outlook

CINCINNATI — Kroger reported first quarter sales and earnings that beat expectations, and the company raised its outlook for the full year. Kroger said that total company sales in the first quarter were $44.6 billion, compared to $41.3 billion for the same period last year. Excluding fuel, sales increased 3.8%. Identical Sales without fuel increased

Dollar General post strong sales gains in first quarter

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of

Amazon posts $3.8 billion net loss in first quarter

Amazon posts $3.8 billion net loss in first quarter

SEATTLE — Amazon.com Inc. recorded net sales of $116.4 billion in the first quarter of fiscal 2022, an increase of 7% versus the prior-year period. But that gain is the company’s smallest in years and compares to a 44% increase in last year’s first quarter. The company also had a net loss of $3.8 billion in