ZAANDAM, the Netherlands – Ahold Delhaize reported a 9.2% increase in net sales at its U.S. operations in the fourth quarter of 2022. Comparable-store sales were up 9.3% at U.S. banners Food Lion, Stop & Shop, The Giant Co., Giant Food, Hannaford and FreshDirect. Online sales in the United States increased 17.3% in constant currency
WOONSOCKET, R.I. — CVS Health topped analysts’ expectations for fourth-quarter sales and earnings, led by strong insurance and retail results. Earnings per share for the three months ended Dec. 31 rose 0.5% from the year-ago period to $1.99 on revenue of $83.8 billion (up 9.5%). Wall Street had projected adjusted EPS of $1.92 on revenue
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier. But profits declined 98% year on year to $278 million due to higher costs and expenses that included charges related to its layoff of 18,000 employees, a pre-tax valuation loss
WOONSOCKET, R.I. — CVS Health reported on Wednesday fourth quarter earnings and revenue that beat Wall Street’s expectations. The results were aided by higher sales in its pharmacy benefit management business. The company also announced some leadership changes, including the departure of CVS Caremark president Derica Rice and his replacement by Dr. Alan Lotvin, who
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. shares rose 1.6% in premarket trading Monday after the company reported fourth-quarter earnings and sales that beat expectations. The pharmacy retailer’s net income totaled $677 million, or 75 cents per share, down from $1.51 billion, or $1.55 per share, last year. Adjusted EPS was $1.43, ahead of the