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...
In a financial outlook, Tractor Supply Co. stated that it is currently forecasting second-quarter net sales growth of 8% and comparable sales growth of 5% versus the year-prior period as well as diluted earnings per share of $3.48 or greater. If they come in as...
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...
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...
