by Mike Duff | Jul 11, 2022 | Retail Articles
As it kept momentum going, Costco enjoyed double-digit comparable sales in June which included an extra sales day. Sans fuel and foreign exchange effects, comparable sales increased 13% in June versus the year-previous month, the company stated, with clubs in the...
by Mike Duff | Jun 27, 2022 | Retail Articles
Store closures contributed to a bigger first-quarter net loss at Rite Aid Corp., but the company is counting on its expanded pharmacy operations as well as its beauty business and revamped loyalty program to help improve its results. First-quarter net loss was $110.2...
by Mike Duff | Jun 3, 2022 | Retail Articles
In May, Costco once again managed double-digit comparable sales increases and kept pace with online revenue gains posted this fiscal year. Company comparable sales, excluding the effects of fuel and foreign exchange rate volatility, increased 11.8% with the United...
by Mike Duff | May 31, 2022 | Retail Articles
For the first quarter, Dollar Tree beat Wall Street estimates and, while introducing its financial results, laid out its investment strategy for the future. The company posted a first-quarter net income of $536.4 million, or $2.37 per diluted share, versus $374.5...
by Mike Duff | May 27, 2022 | Retail Articles
As it faced fewer COVID-19 pandemic restrictions year over year, Ulta enjoyed double-digit comp gains and a big Wall Street analyst beat on earnings. Net earnings were $331.4 million, or $6.30 per diluted share, versus $230.3 million, or $4.10 per diluted share, in...
