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fourth quarter

Costco’s Q4 earnings beat expectations

Costco’s Q4 earnings beat expectations

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

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

Dollar Tree sees sales gains in fourth quarter

Dollar Tree sees sales gains in fourth quarter

CHESAPEAKE, Va. — Dollar Tree Inc. said Wednesday that its net sales and comp store sales increased in the fourth quarter, and suggested that various strategic initiatives are gaining traction, including a new format for small towns that combines the Dollar Tree and Family Dollar brands. Consolidated net sales totaled $6.77 billion for the fiscal

Digital sales gains drive growth at Target

Digital sales gains drive growth at Target

MINNEAPOLIS — Target Corp. reported comparable digital sales growth of 118% in the fourth quarter, accounting for two-thirds of the company’s overall comp sales growth for the period. Overall comp-store sales increased by 20.5%, while comp-store sales in physical stores grew by 6.9%, the company said on Tuesday. Sales for the three months ended January

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

Kroger reports solid Q4 results

Kroger reports solid Q4 results

CINCINNATI — Kroger Co. posted solid fourth-quarter results on Thursday, with sales fueled by its private-label offerings and its expanded online pickup and delivery capabilities. Same-store sales (excluding gasoline) increased 2% from the comparable period a year earlier. Fourth-quarter digital sales increased 22%. Full-year comps were also up 2%, and digital sales increased 29%. Total

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