CHESAPEAKE, Va. — Dollar Tree Inc. surpassed Wall Street’s expectations for both the top and bottom lines in the second quarter of fiscal 2023. In response, management has raised its full-year sales outlook and tightened its earnings per share projection. “At our June Investor Conference we shared the details of our strategy to transform the
LAKELAND, Fla. — Publix reported sales of $15.3 billion for the three-month fiscal quarter ended December 31. That’s an increase of 22% from the $12.6 billion posted in the fourth quarter of 2021, a 13-week quarter. The additional week in the fourth quarter of 2022 increased sales by 8.1%. Comparable-store sales for the period increased
MINNEAPOLIS – Target Corp. today said sales increased in its first quarter but higher costs impinged on profits. Comparable sales increased 3.3% in the quarter, reflecting traffic growth of 3.9%, the company said. Store comps were up 3.4% while digital comps increased 3.2%. Sales growth was led by frequently purchased categories, including food and beverage,
ISSAQUAH, Wash. — Costco Wholesale Corp. posted sales of $36.45 billion for its third quarter ended May 10, a 7.3% increase over the comparable period in 2019. Same store sales, adjusted to exclude the impacts of fuel sales and the effects of currency changes, increased 8% in the United States and 7.8% for the entire
ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday reported fiscal fourth-quarter net income of $779 million, beating expectations and up 1.6% over the prior year period. Net income for the fiscal year was $2.35 billion, or $5.33 per diluted share, compared to the $2.38 billion, or $5.37 per diluted share, recorded last year. Net income
CAMP HILL, Pa. – Rite Aid Corp. posted fiscal 2016 third-quarter adjusted earnings in line with Wall Street estimates and announced a special shareholders meeting to vote on its $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Rite Aid said Thursday that for the third quarter ended Nov. 28, net income totaled