DEERFIELD, Ill. — Walgreens Boots Alliance’s third quarter profit beat analysts’ expectations, as U.S. pharmacy sales rose 4.3% in the period ended May 31. Net earnings slipped 23.6% to $1 billion compared to the year-ago quarter, while net earnings per share decreased 16.5% to $1.13. Stripping out special items, the company earned $1.47 per share,
BOISE, Idaho — Albertsons Cos.’ third quarter adjusted EBITDA rose 51.4% to $649.7 million, driven by an identical-store sales gain, increased gross profit and cost cutting. Sales and other revenue in the 12 weeks ended December 1 increased 1.8% from a year earlier to $13.8 billion, with identical-store sales rising 1.9%. “We continue to gain traction
CAMP HILL, Pa. — Rite Aid Corp. today reported operating results for its third fiscal quarter ended December 1. For the third quarter, the company reported net loss from continuing operations of $17.3 million, or $0.02 per share, Adjusted net income from continuing operations of $14.7 million, or $0.01 per share, and Adjusted EBITDA from
CINCINNATI — Kroger Co. on Thursday reported a third quarter profit of $317 million, or 39 cents per diluted share, compared with $397 million, or 44 cents a share, a year ago. Overall sales declined slightly to $27.7 billion in the 13 weeks to November 10. Same-store sales rose 1.6%, excluding fuel. Kroger’s profits are
MINNEAPOLIS — Target Corp. on Tuesday reported strong third quarter results that included a 5.1% increase in comparable sales, a 49% in digital channel sales and a 5.3% increase in customer traffic. Total revenue for the three months ended November 3 were $17.8 billion, an increase of 5.6% over the comparable prior year period. Operating
BENTONVILLE, Ark. — Walmart on Thursday reported a net income of $1.71 billion, or 58 cents a share, in its third quarter on revenue of $124.89 billion. Earnings were fueled by strong e-commerce sales, as the company continues to acquire online brands in categories like apparel and home goods while also expanding its grocery business.
SEATTLE — Amazon posted a profit of $2.9 billion — $5.75 per share — in its third quarter, up from $256 million a year earlier, as revenue rose 29% to $56.6 billion. Analysts expected Amazon to post earnings of $3.12 per share on $57.1 billion in revenue. It was the second consecutive quarter of record profitability for
GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong financial results for its 13-week fiscal 2017 third quarter ended November 3. “We are pleased with our overall third quarter results, which include a strong same-store sales growth of 4.3% and increases in both average transaction amount and customer traffic over the 2016 third quarter. During the
MINNEAPOLIS — Target Corp.’s third quarter sales and earnings beat expectations, and the company said it is upbeat about its prospects for the holiday season. But the company’s fourth quarter profit outlook disappointed Wall Street, sending its shares down in early trading on Wednesday. Target forecast adjusted earnings of $1.05 to $1.25 per share for
WOONSOCKET, R.I. — Despite sales declines in its retail pharmacy business, CVS Health saw overall revenue rise and bested Wall Street’s earnings forecast for its fiscal 2017 third quarter. CVS said Monday that for the third quarter ended Sept. 30, sales totaled $46.18 billion up 3.5% from $44.62 billion a year earlier. CVS third-quarter sales
DEERFIELD, Ill. — Analysts said Walgreens Boots Alliance turned in a solid third quarter and stands to emerge on a positive note from its new deal with Rite Aid Corp. upon the termination of their merger. For the third quarter ended May 31, WBA posted net earnings (GAAP) of $1.16 billion, or $1.07 per diluted
ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday announced third quarter sales and earnings that beat analyst expectations. Net sales for the quarter ended May 7 increased 8% to $28.22 billion, up from $26.15 billion in the same period last year. Net sales for the first 36 weeks increased 6%, to $84.82 billion from $80.34 billion