ISSAQUAH, Wash. — Costco Wholesale Corp. posted net sales of $43.89 billion, a gain of 14.7%, for the second quarter ended February 14. Comparable store sales for the 12-week period increased 12.6% (excluding impacts from changes in gasoline prices and foreign exchange rates) in the United States, and 12.9% for the company as a whole.
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.
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
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
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
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,
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
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
SEATTLE – Amazon on Thursday reported a profit of $5.2 billion in the second quarter as net sales soared 40% year on year to $88.9 billion. Amazon’s stellar results were announced on the same day the government reported that the U.S. economy, as measured by gross domestic product, fell 9.5% in the second quarter, as
ISSAQUAH, Wash.— Costco Wholesale Corp. reported a 10.5% increase in net sales for the second quarter of fiscal 2020. Comp store sales were up 9.1% in the United States and 8.9% for the company as a whole. Net sales for the 12 weeks ended February 16 totaled $38.26 billion, up from $34.63 billion in the
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
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