Costco Makes Strides in September

Costco Makes Strides in September

In September, Costco Warehouse Corp. kept posting strong comparable store sales, and, although down from peak COVID-19 pandemic increases, e-commerce continued almost double-digit advances. Overall, Costco reported net sales of $19.5 billion for the retail month of...
Bed Bath & Beyond Stumbles in Q2

Bed Bath & Beyond Stumbles in Q2

Bed Bath & Beyond showed a loss in the second quarter as COVID-19 and marketing missteps hurt it as well as supply chain and cost issues. The company posted a net loss of $73.2 million, or 72 cents per diluted share, versus net income of $217.9 million, or $1.75...
Rite Aid Q2 Loss Increases

Rite Aid Q2 Loss Increases

Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...