Sales advanced in the second quarter that ended June 25 but earnings lagged at Publix. In the quarter, Publix’s net earnings were $628.4 million, or 18 cents per share, versus $1 billion, or 29 cents per share, in the 2021 period, the company reported. Earnings per...
The Aaron’s Co., an omnichannel provider of lease-to-own and retail purchase operations posted second-quarter financials that are the first that incorporate results from BrandsMart U.S.A., acquired April 1. Aaron’s net loss was $5.3 million, or 17 cents per...
In a business update, Walmart provided a revised outlook for the fiscal second quarter and full year as it takes pricing actions to improve inventory levels at Walmart and Sam’s Club stores in the United States. The company expects comparable sales for Walmart U.S.,...
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...
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...
