CINCINNATI — Kroger Co. reported solid sales growth for its fourth quarter and fiscal year ended January 28. For the fourth quarter, net sales increased 5.9% to $34.82 billion. Comparable-store sales (excluding fuel) increased 6.2% from a year ago. Fourth quarter sales of its Our Brands merchandise increased 10.1%. Kroger in the quarter celebrated the
MARLBOROUGH, Mass. — BJ’s Wholesale Club wrapped up fiscal 2022 with double-digit top- and bottom-line growth for both the year and the fourth quarter. The strong performance has positioned the company for further aggressive expansion in 2023. The membership warehouse club operator posted a 20.3% leap in full-year net income to $513.2 million on a
LAKELAND, Fla. — Publix’s reported sales of $15.3 billion for the three-month fiscal quarter ended December 31. That’s an increase of 22% from the $12.6 billion posted in Q4 2021, a 13-week quarter. The additional week in the fourth quarter of 2022 increased sales by 8.1%. Comparable store sales for the period increased 12.4%. Net
ISSAQUAH, Wash. — Costco Wholesale Corp. said foot traffic was up in its fourth quarter, and average tickets were bigger as the warehouse club’s members cope with inflation. Net sales increased 15.2% to $72.7 billion in the 16-week quarter ended August 28. Comparable-store sales rose nearly 14%, and digital sales were up 7.1%. For the
MINNEAPOLIS — Target Corp. capped a spectacular fiscal 2021 performance by recording more than $100 billion in sales for the first time and achieving record earnings per share in the fourth quarter. With both its in-store and e-commerce channels operating impressively, management has announced an aggressive program of investments to drive long-term growth and expand
WOONSOCKET, R.I. — CVS Health’s fourth quarter sales and earnings beat Wall Street’s expectations, as demand for COVID-19 tests and vaccines drove customers to stores. Revenue for the three months ended December 31 jumped 10.1% from a year earlier to $76.6 billion, topping analysts’ projection of $75.67 billion. Adjusted earnings per share climbed 52% to
WOONSOCKET, R.I. — CVS Health’s fourth quarter sales and earnings beat Wall Street’s expectations, as demand for COVID-19 tests and vaccines drove customers to stores. Karen Lynch Revenue for the three months ended December 31 jumped 10.1% from a year earlier to $76.6 billion, topping analysts’ projection of $75.67 billion. Adjusted earnings per share climbed
WOONSOCKET, R.I. — CVS Health’s fourth quarter sales and earnings easily beat Wall Street’s projections, as a rise in script counts lifted its results. Karen Lynch Adjusted earnings per share were $1.30, bettering analysts’ forecast by 6 cents. Revenue for the period ended December 31 rose 4% from a year earlier to $69.55 billion, also