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fourth quarter

Albertsons Cos. posts sales, earnings gains in Q4

Albertsons Cos. posts sales, earnings gains in Q4

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.

Walmart concludes strong year with stellar quarter

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,”

Walmart has record-setting fourth quarter

Walmart has record-setting fourth quarter

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

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

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