GOODLETTSVILLE, Tenn. – Dollar General Corp. today said net sales increased 6.8% in its first quarter. Same-store sales were up 1.6%. Operating profit declined slightly, to $740.9 million, and diluted earnings per share declined 2.9% to $2.34 as the retailer confronted a macroeconomic environment that was “more challenging than expected,” according to Jeff Owen, Dollar
MARLBOROUGH, Mass. – BJ’s Wholesale Club Holdings Inc. today posted first-quarter earnings that the warehouse club operator said reflect strong traffic growth, market-share gains and an improved merchandise margin. “We reported a record first quarter in net income and adjusted EBITDA, demonstrating the power of our business model and the warehouse club channel,” Bob Eddy,
MINNEAPOLIS — Target Corp. said sales increased 0.5% in its first quarter, with strength in everyday essentials offsetting continued softness in sales of discretionary items. Beauty was Target’s best-performing category in the quarter to April 29, with sales growing in the mid-teens from a year earlier. Food and beverage sales increased in the high single
ASHEVILLE, N.C. — Ingles Markets Inc. today reported increased sales and net income in its fiscal first quarter. Net sales were up 7.3% to nearly $1.5 billion in the quarter ended December 24, the company said. Its gross profit increased $20.7 million to $371.2 million, or 24.9% of sales. “Ingles had strong performance results for
WESTBOROUGH, Mass. – BJ’s Wholesale Club Holdings Inc. today said strong membership gains drove increased sales and profits in its 2022 fiscal first quarter. BJ’s reported membership-fee income of $96.6 million, an increase of nearly 12% from the previous year. Comparable club sales were up 4.1%. When gasoline sales are included, BJ’s comps were up