Rite Aid Posts Bigger-Than-Expected Q4 Loss

Rite Aid Posts Bigger-Than-Expected Q4 Loss

The fourth quarter saw Rite Aid Corp. take a bigger-than-expected loss, although revenues edged out a Wall Street estimate. Rite Aid posted a net loss from continuing operations in the quarter of $389.1 million, or $7.18 per diluted share, versus a loss from...
Double-Digit Comps Drive Costco Through March

Double-Digit Comps Drive Costco Through March

Costco made a strong showing in March with double-digit comparable store gains. Costco comps without the effects of fuel price and foreign exchange volatility increased 12.2% in March year over year, with the United States up 12.7%, Canada up 12.2% and Other...
Retail Comps Boost Walgreens Q2

Retail Comps Boost Walgreens Q2

Even as it considers strategic options for its European-based operation, Walgreens Boots Alliance beat Wall Street estimates for the second quarter aided by strong retail comparable sales. In the quarter, company net earnings from continuing operations were $806...