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...
Costco Wholesale Corp. clubs in the U.S. posted double-digit comparable sales gains in the fourth quarter as e-commerce sales growth slowed with consumers returning to in-person shopping, while at the same time beating a Wall Street estimate on earnings. As it moves...
Big Lots lapped a big one-time benefit in a slightly disappointing second quarter, but the retailer still demonstrated that it’s a growing concern, particularly in home-related merchandise. The company posted net income of $37.7 million, or $1.09 per diluted share,...
Macy’s revealed in a conference call announcing strong second-quarter financials that it is preparing to introduce a new home private label focused on addressing social issues. Macy’s posted net income of $345 million, or $1.08 per diluted share, versus a net loss of...
Costco continued to enjoy strong comparable store sales increases during July, even as the COVID-19 crisis entered a less dire, if still dicey, phase for shopping at retailers, For the fiscal July period, Costco Wholesale Corp. posted net sales of $15.21...
