Costco Posts Solid July Comps

Costco Posts Solid July Comps

Costco Wholesale Corp. reported net sales of $17.6 billion for fiscal July up 4.5% from the month a year earlier. Comparable sales, excluding the effects of fuel price and foreign exchange rate volatility, increased 5% in the month year over year with comps in the...
Publix Sales, Earnings Grow in Q2

Publix Sales, Earnings Grow in Q2

During the second quarter, Publix made solid sales and earnings gains year over year. Net earnings for the three months ended July 1 were $1.1 billion, or 33 cents per share, compared to $628 million, or 18 cents per share, in the year-past period, the company stated....
CVS Q2 Beats Wall Street Expectations

CVS Q2 Beats Wall Street Expectations

In the second quarter, CVS Health topped analyst estimates although front end comparable sales slipped slightly after a 10% gain in the 2022 period. Company net income was $1.9 billion, or $1.48 per diluted share, versus $3.03 billion, or $2.29 per diluted share, in...
The Container Store Turns to Loss in Q1

The Container Store Turns to Loss in Q1

In the first quarter, The Container Store went from profits to a loss year over year under pressure from macroeconomic conditions that reduced sales and prompted the company to launch promotional initiatives. Net loss was $11.8 million, or 24 cents per diluted share,...