second quarter

Rite Aid tops expectations for Q2

CAMP HILL, Pa. — Rite Aid’s second quarter sales and earnings beat Wall Street’s ­projections. Adjusted earnings per share of 25 cents topped analysts’ forecast of a 1-cent loss. Revenue for the period ended August 29 climbed 11.5% to $5.98 billion, driven by store and pharmacy benefit manager gains, and bettering the forecast $5.75 billion.

Rite Aid’s Q2 sales and earnings top projections

Rite Aid’s Q2 sales and earnings top projections

CAMP HILL, Pa. — Rite Aid’s second-quarter sales and earnings beat Wall Street’s forecast.   Adjusted earnings per share of 25 cents topped analysts’ projection of a 1 cent loss.  Revenue for the period ended August 29 climbed 11.5% to $5.98 billion, driven by store and PBM gains, and bettering the forecast $5.75 billion. The

Dollar General posts double-digit sales gains in Q2

Dollar General posts double-digit sales gains in Q2

GOODLETTSVILLE, Tenn. — Dollar General Corp. posted a 24.4% increase in net sales for its second quarter. Same-store sales increased 18.8% for the 13-week period ended July 31. Operating profit increased by 80.5% to $1 billion in the quarter, the company said Thursday. Diluted earnings per share (“EPS”) increased by 89.1% to $3.12. And cash

Target posts strong sales, profit gains in Q2

Target posts strong sales, profit gains in Q2

MINNEAPOLIS — Target Corp. reported record same-store sales gains in its second fiscal quarter, driven by a digital sales gain of 195%, the company announced on Wednesday. The retailer said its results reflect the continuation of heightened sales volume due to the COVID-19 pandemic.  Target reported GAAP earnings per share (EPS) from continuing operations of

Walmart’s e-commerce sales grow 97% in Q2

Walmart’s e-commerce sales grow 97% in Q2

BENTONVILLE, Ark. — Walmart’s second-quarter results beat estimates, as the continued impact of the COVID-19 pandemic drove sales gains. Comp-store sales were up 9.3% for the quarter, led by strength in general merchandise and food. Walmart U.S. e-commerce sales grew 97% with strong results across all channels. Total revenue for the quarter was $137.7 billion,

Ahold Delhaize sales rise 17.1% in Q2

Ahold Delhaize sales rise 17.1% in Q2

ZAANDAM, the Netherlands — Ahold Delhaize posted net sales of €19.1 billion ($22.71 billion) in the second quarter. That is an increase of 17.1%, or 15.9% at constant exchange rates. Comparable sales growth (excluding gas) was up 20.6% in the United States and 10.2% in Europe. The company saw net consumer online sales increase by

Publix posts double-digit sales gains in Q2

Publix posts double-digit sales gains in Q2

LAKELAND, Fla. — Publix Super Markets Inc. reported sales of $11.4 billion for the three months ended June 27, a 21.8% increase from $9.3 billion posted last year’s second quarter. Comparable store sales for the three-month period increased 19.9%. The company estimates its sales for the quarter increased by 16.1% — or about $1.5 billion

Rite Aid Q2 earnings beat projections

Rite Aid Q2 earnings beat projections

CAMP HILL, Pa. — Rite Aid’s second quarter earnings beat analysts’ forecasts, but overall and same-store sales fell short of projections. Heyward Donigan Under new chief executive officer Heyward Donigan the chain reported adjusted earnings per share of 12 cents, well ahead of Wall Street’s expectation of 7 cents. But the retailer’s revenue of $5.37

Walmart reports Q2 net income of $3.6 billion

Walmart reports Q2 net income of $3.6 billion

BENTONVILLE, Ark. — Walmart reported on Thursday a second-quarter net income of $3.6 billion compared with a net loss of $861 million a year earlier. Revenue rose 1.8% to nearly $130.4 billion. Operating income, on a constant currency basis, declined 2.4% to $5.6 billion. “Customers are responding to the improvements we’re making, the productivity loop

CVS Health’s Q2 earnings beat expectations

CVS Health’s Q2 earnings beat expectations

WOONSOCKET, R.I.— CVS Health stock rose nearly 6% in pre-market trading on Wednesday after the company reported strong second quarter operating results for the three months ended June 30, 2019. Second quarter earnings beat Wall Street’s expectations, and the company significantly raised its own projection for full-year earnings. “We posted strong second quarter results, with

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