Q4 Comps Give Walmart a Big Lift

Q4 Comps Give Walmart a Big Lift

Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
Costco Momentum Carried Through January

Costco Momentum Carried Through January

For the fiscal month of January, Costco continued to post strong comparable store sales gains generally and in the nonfoods category. January comparable sales excluding the effects of gasoline prices and foreign exchange volatility increased 10.8% year over year with...