ZAANDAM, 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 (excluding gasoline) were up 9.3% in the quarter at the company’s U.S. banners of Food Lion, Stop & Shop, the GIANT Co., Giant Food, Hannaford and FreshDirect. Online sales in the
GOODLETTSVILLE, Tenn. — Dollar General posted a 5.7% increase in same-store sales for the fourth quarter, according to preliminary results reported on Thursday. That is below the company’s previous expectation of an increase of about 6% to 7%. The company now expects diluted earnings per share for the fourth quarter in the range of $2.91
DEERFIELD, Ill. _ Walgreens Boots Alliance topped analysts’ projections for fourth quarter revenue and earnings. WBA posted adjusted earnings per share of 80 cents for the period ended Aug. 31, exceeding Wall Street’s expectation of 77 cents. Revenue of $32.45 billion surpassed the predicted $32.09 billion. A fall off in COVID-19 vaccinations and a charge
BOISE, Idaho — Albertsons Cos. reported net sales and other revenue of $17.4 billion for the fourth quarter, up from $15.8 billion during the comparable 12-week period last year. The increase was driven by the company’s 7.5% increase in identical sales and higher fuel sales, with retail price inflation contributing to the identical sales increase.
CINCINNATI — Kroger Co. posted solid sales gains in its fourth quarter as customers continued to prepare and eat meals at home. Earnings exceeded projections despite higher supply chain costs, the company said earlier this month. Kroger revised its full-year adjusted earnings forecast to $3.40 to $3.50 a share from an earlier projection of $3.25
SEATTLE — Amazon posted a profit of $14.3 billion in the fourth quarter, nearly doubling year over year despite heavy spending to ensure prompt deliveries. Amazon also announced it will help offset rising fulfillment costs by raising the price of Prime, increasing the annual fee for U.S. members by $20 to $139. Amazon’s profit in
BENTONVILLE, Ark. — Walmart wrapped up its 2022 fiscal year on a resoundingly strong note, beating Wall Street’s expectations for fourth quarter adjusted earnings, revenues and same-store sales. The flagship Walmart U.S. division, moreover, topped $100 billion in quarterly sales for the first time. “We had another strong quarter to finish off a strong year,”
BENTONVILLE, Ark. — Walmart wrapped up its 2022 fiscal year on a resoundingly strong note, beating Wall Street’s expectations for fourth-quarter adjusted earnings, revenues and same-store sales. The flagship Walmart U.S. division, moreover, topped $100 billion in quarterly sales for the first time. “We had another strong quarter to finish off a strong year,” said
ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday evening reported fourth-quarter earnings that beat Wall Street expectations. The warehouse club operator said its net income for the fourth quarter ended August 29 totaled $1.67 billion, or $3.76 per diluted share. That compared to $1.39 billion, or $3.13, last year. Wall Street had been expecting earnings
CAMP HILL, Pa. — Rite Aid Corp. reported that fourth quarter 2021 financial results were significantly impacted by a soft cough, cold and flu season, ongoing impacts related to COVID-19 and challenging weather conditions. As a result, the company is updating its guidance for the fiscal year ended February 27, 2021. “During the fourth
CINCINNATI — Propelled by consumer behavior changes triggered by the COVID-19 pandemic, Kroger Co. saw its bottom line grow by more than 50% in fiscal 2020, despite a hefty charge to adjust union pension commitments that hammered results for the fourth quarter. Looking ahead, executives expressed confidence that their business model will be able to
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