fiscal year

Kroger posts strong fourth quarter results

Kroger posts strong fourth quarter results

CINCINNATI — Kroger Co. on Thursday reported solid fourth-quarter results that included an identical store sales gain  of 10.6% (excluding fuel) and digital sales growth of 118%. “I am incredibly humbled by the strength of our associates and what we continue to accomplish together,” Kroger chairman and CEO Rodney McMullen said. “Our customers are at

Ingles Markets reports 11.3% sales gain in Q4

Ingles Markets reports 11.3% sales gain in Q4

ASHEVILLE, N.C. — Ingles Markets Inc. on Tuesday reported increased sales and net income for the fourth quarter and fiscal year ended September 26. Net sales totaled $1.20 billion for the fourth quarter, an increase of 11.3% compared with $1.08 billion for the year-ago period. Gross profit for the fourth quarter of fiscal 2020 totaled

Walmart posts sales gains for Q4, year

Walmart posts sales gains for Q4, year

BENTONVILLE, Ark. — Walmart reported sales of $141.7 billion for the fourth quarter of fiscal 2020, an increase of $12.9 billion, or about 2.1%, over the prior year period. Earnings and sales fell short of analysts expectations, however, and Walmart said that holiday sales were softer than expected. Walmart president and CEO Doug McMillon said