Numerator has assembled an early read of the results from the first 32 hours of Prime Day 2023, which reveals that the event is triggering strong sales of home-related merchandise. Top categories that Prime Day buyers reported purchasing were home goods, at 27%,...
Costco Wholesale Corp. posted net sales in June of $22.86 billion, up from $22.78 billion last year despite lagging nonfoods sales. With the effects of gasoline and foreign exchange volatility removed, Costco stated, comparable sales in June gained 2% in the United...
Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
In April, Costco Wholesale Corp. sales gained across its division led by food and consumables. The company recorded net sales of $17.85 billion for the month, an increase of 3% from the April a year earlier. Comparable store sales excluding the effects of fuel and...
In the Market Force Information Grocery Ranking 2023, Wegmans was most often cited as a Best in Class food retailer by survey respondents, at 76%, followed by H-E-B, a close second at 73%. Publix got a 61% best-in-class citation rate, followed by Trader Joe’s, at 52%,...
