MINNEAPOLIS — Target Corp. today posted better-than-expected earnings for its fiscal third quarter despite another decline in comparable-store sales. Shoppers remain cautious, the company said, but did spend for necessities like food, school supplies and beauty aids. CEO Brian Cornell cited pressures like higher interest rates, increased credit card debt and reduced savings rates which
ASHEVILLE, N.C. – Ingles Markets Inc. today reported financial results for the three-month and nine-month periods to June 24. Net sales in its fiscal third quarter declined nearly 1% to $1.43 billion, the company said. Net sales in the fiscal year to date were up about 1% to $4.3 billion. Ingles Markets posted a gross
BENTONVILLE, Ark. — Walmart’s third quarter earnings beat analysts’ expectations, but its sales fell slightly short, dampened by food deflation and unfavorable foreign exchange rates. The company earned $3.03 billion, or 98 cents a share, during the quarter, down from $1.03 per share a year ago. Sales were $118.18 billion, up 0.7% from last year