first quarter

Dollar General sees double-digit sales gains

Dollar General sees double-digit sales gains

GOODLETTSVILLE, Tenn. — Dollar General Corp. posted strong sales gains in the first quarter, as consumers continued to flock to its stores for essentials in response to the COVID-19 pandemic. The company on Thursday reported that net sales increased 27.6% in the 13-week fiscal first quarter ended May 1. Same store sales increased 21.7%. Operating

Target sees strong sales gains in Q1

Target sees strong sales gains in Q1

MINNEAPOLIS — Target beat sales expectations in the first quarter, with total revenue that grew 11.3% compared to last year. Earnings fell as consumers spent less on higher margin products like apparel, and the retailer boosted wages and spending on safety measures related to COVID-19. Target’s total comparable sales grew 10.8% in the first quarter,

Strong sales propel CVS’ Q1 earnings

Strong sales propel CVS’ Q1 earnings

WOONSOCKET, R.I. — Strong sales during the early stage of the coronavirus pandemic helped lift CVS Health’s first quarter earnings well above Wall Street’s projection. The company’s adjusted earnings per share of $1.91 easily topped analysts’ prediction of $1.63. The comparison is skewed however, by the inability of forecasters to have projected the extent of

Dollar General posts sales gains in first quarter

Dollar General posts sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General Corp. said Thursday that revenue jumped 30.5% to $6.1 billion in its first quarter as net sales increased 9%. Comparable-store sales rose 2.1% in the 13 weeks to May 4. First-quarter net income rose 9% to $365 million, or $1.36 per share. Dollar General reiterated its forecast for full-year earnings

Walmart first quarter results beat expectations

Walmart first quarter results beat expectations

BENTONVILLE, Ark. — Walmart reported better-than-expected results for the first quarter, with earnings-per-share and comp-store-sales figures that exceeded the company’s guidance. Walmart’s earnings per share (EPS) for the quarter were 98 cents.  According to Thomson Reuters I/B/E/S, analysts had estimated the company’s EPS would come in at 88 cents. Comparable store sales for Walmart U.S.