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fourth quarter

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

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

Amazon posts strong Q4 sales gains

Amazon posts strong Q4 sales gains

SEATTLE — Amazon shares rose in after-hours trading Thursday after the company reported fourth quarter results that topped analysts’ expectations. The company reported earnings per share of $6.47 for the quarter, easily beating forecasts of $4.04 per share. Net sales increased 21% to $87.4 billion in the fourth quarter. Net income grew to $3.3 billion

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