Even as it tried to mitigate price increases for members necessitated by inflationary pressures, Costco continued to produce earnings and comparable store gains in the third quarter. Company net income was $1.35 billion, or $3.04 per diluted share, versus $1.22...
Although general merchandise sales slipped as consumers spent more on groceries and everyday needs, BJ’s had solid financial gains in the first quarter. Company net income was $112.5 million, or 82 cents per share, versus $81.6 million, or 59 cents per share, in the...
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
Costco made a strong showing in March with double-digit comparable store gains. Costco comps without the effects of fuel price and foreign exchange volatility increased 12.2% in March year over year, with the United States up 12.7%, Canada up 12.2% and Other...
