May 4, 2022 by MMR
CVS Health, first quarter
Featured Articles
WOONSOCKET, R.I. — CVS Health reported strong first quarter results, topping analysts’ forecasts for revenue and earnings. Total revenue for the period ended March 31 climbed 11.2% from the year-ago quarter to $76.8 billion, driven by growth across all segments. Wall Street had estimated revenue of $75.3 billion. Adjusted earnings per share rose 8.8% to
May 2, 2022 by MMR
first quarter, Publix
Featured Articles, Money, Retail News
LAKELAND, Fla. — Publix reported sales of $13.2 billion for the first quarter of fiscal 2022, a 13.5% increase from $11.7 billion in 2021. Comparable store sales for the three months ended March 26 increased 11.7% over the prior-year period. Net earnings for the quarter were $618 million, a decline of 58.7% versus the prior
January 17, 2022 by MMR
first quarter, Walgreens Boots Alliance, WBA
2022, Issue 01-17-2022, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance’s (WBA’s) first quarter sales and profits topped Wall Street’s expectations, and its own. Customers flocking to stores for COVID vaccines and tests helped drive a 7.8% increase in sales, to $33.9 billion, for the three-month period ended November 30. That easily topped analysts’ prediction of $32.7 billion. Adjusted earnings
December 10, 2021 by MMR
Costco, first quarter, Q1, results
Featured Articles, Leading Headlines, Money, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. reported strong sales gains in the first quarter of fiscal 2022, which ended on November 21. Net sales for the first quarter increased 16.7%, to $49.42 billion, up from $42.35 billion in the same quarter last year. Comparable sales in the United States increased 14.9% (9.9% when the effects
June 17, 2021 by MMR
first quarter, Kroger, Kroger CFO Gary Millerchip, Kroger chairman and CEO Rodney McMullen
Featured Articles, Leading Headlines, Money, Retail News
CINCINNATI — Kroger on Thursday reported first-quarter results that beat analysts’ expectations. The retailer also raised its guidance for the year and announced a new $1 billion share repurchase plan. “Kroger is even better positioned to connect with our customers than we were prior to the pandemic as a result of our relentless focus on
May 19, 2021 by MMR
Brian Cornell, first quarter, Target
Featured Articles, Leading Headlines, Money, Retail News
MINNEAPOLIS — Target Corp. on Wednesday said that its comparable sales grew 22.9% in the first quarter, on top of 10.6% growth last year. Comp sales in stores increased 18%, and digital comparable sales grew 50%, on top of 141% growth a year ago. Same-day services (Order Pickup, Drive Up and Shipt) grew more than
May 18, 2021 by MMR
first quarter, fiscal first quarter, Walmart, Walmart president and CEO Doug McMillon
Leading Headlines, Money, Retail News
BENTONVILLE, Ark. — Walmart on Tuesday reported first-quarter sales and earnings that handily beat expectations. Comp sales for the company’s Walmart U.S. division increased 6.0% with market share gains in grocery and operating income increased 26.8%. Walmart U.S. e-commerce sales grew 37% with strong results across all channels, contributing approximately 360 basis points to comp
May 12, 2021 by MMR
Ahold Delhaize, Ahold Delhaize chief executive officer Frans Mulle, first quarter, first quarter sales
Featured Articles, Leading Headlines, Money, Retail News
ZAANDAM, the Netherlands — Ahold Delhaize showed continued growth against tough comparisons in the first quarter. Net sales were €18.3 billion ($22.1 billion), up 5.8% at constant exchange rates. Comparable sales excluding gas grew 1.7%, and were up 15.5% compared to 2019. Online sales were up 188.3%, driven in part by the acquisition of Fresh
April 29, 2021 by MMR
Amazon, Amazon Prime, first quarter
Featured Articles, Leading Headlines, Money, Uncategorized
SEATTLE — Amazon, a leading beneficiary of the surge in online shopping during the pandemic, on Thursday reported double-digit sales and earnings gains for the first quarter. Net sales increased 44% to $108.5 billion in the three months ended March 31, compared with $75.5 billion in the comparable period in 2020. The increase was 41%
July 27, 2020 by MMR
Albertsons, first quarter
Leading Headlines, Money, Retail News
BOISE, Idaho – Albertsons Cos. reported net income of $586 million in its first quarter, with pandemic-related demand pushing up identical-store sales by 26.5%, the company said Monday. Digital sales increased 276% in the 16 weeks to June 20, as more shoppers sought to stock up on food and essentials from the safety of their
June 18, 2020 by MMR
first quarter, Kroger
Featured Articles, Leading Headlines, Money, Retail News
CINCINNATI – The Kroger Co. said fiscal first-quarter sales rose 19.1% to $42 billion. Digital sales increased 92% in the quarter ended May 23, and same-store sales, excluding fuel, were up 19%, the company said Thursday. Operating profit in the quarter was $1.3 billion. Kroger said it spent more than $830 million in the quarter
May 28, 2020 by MMR
Dollar Tree, Family Dollar, first quarter
Leading Headlines, Money, Retail News
CHESAPEAKE, Va. — Dollar Tree said same-store sales jumped 7% in its fiscal 2020 first quarter as shoppers stockpiled food and other essentials at the outset of the coronavirus pandemic. Comparable-store sales for the Family Dollar segment increased 15.5% from a year earlier, while comps at the Dollar Tree segment declined 0.9%, the company said