PLMA October Leaderboard

third quarter

Target cuts sales forecast for holiday season

Target cuts sales forecast for holiday season

MINNEAPOLIS — Target Corp.’s shares fell in early trading on Wednesday, after the company reported softening sales and a drop in earnings for its fiscal third quarter. Target reported that its comparable sales increased 2.7% in the quarter, on top of 12.7% growth in last year’s quarter. That performance was led by growth in such

Amazon posts profit in fiscal third quarter

Amazon posts profit in fiscal third quarter

SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net

Kroger posts Q3 gains, raises full-year outlook

CINCINNATI — Kroger posted sales gains in the third quarter and raised its outlook for the year. Identical-store sales (excluding fuel) increased 3.1% compared to the prior-year quarter, and were up 14% on a two-year stacked basis. The two-year stack for digital sales increased 103%. Total company sales were $31.9 billion in the third quarter,

BJ’s reports strong third quarter sales and earnings growth

WESTBOROUGH, Mass. — BJ’s Wholesale Club reported strong sales results in the third quarter. Comparable-club sales (excluding gasoline) increased by 5.7%, reflecting a two-year stacked comp of 24.2%. Digitally enabled sales growth was 44%, reflecting two-year stacked comp growth of 244%. The company’s earnings per diluted share of 92 cents reflected a 4.5% year-over-year increase.

Target’s Q3 sales, earnings beat forecasts

Target’s Q3 sales, earnings beat forecasts

MINNEAPOLIS — Target Corp. reported comparable sales growth of 12.7% in the third quarter, reflecting comparable store sales growth of 9.7% and comparable digital sales growth of 29%. Total revenue for the three-month period ended  October 30 was $25.7 billion, an increase of 13.3% compared with the same quarter last year, driven by total sales

1 2 3 4