Amazon turned to profits in the first quarter and beat Wall Street earnings and sales estimates with the e-commerce giant noting the contribution of an expanded home assortment led by a new Martha Stewart program. The company posted first-quarter net income of $3.17...
Walmart, in kicking off its two-day 2023 investment community meeting, stated that it is investing to develop an unparalleled next-generation supply chain network of stores, clubs and fulfillment centers and driving future global growth opportunities across its...
Retail comparable sales in the United States helped boost Walgreens Boots Alliance sales in the fiscal first quarter to a beat over Wall Street estimates. Walgreens reported a company loss of $3.72 billion, or $4.31 per share, versus company net earnings of $3.58...
Costco made solid gains in the first quarter of its fiscal year with comparable store sales and profits both up but fell short of Wall Street revenue and earnings estimates. Net income for the quarter was $1.36 billion, or $3.07 per diluted share, versus $1.32...
In reporting fiscal first-quarter sales, Tuesday Morning’s new CEO Andrew Berger, who replaced a retiring Fred Hand, faced a double-digit comparable sales decline and deeper losses. The company posted a net loss of $28.2 million, or 29 cents per diluted share,...
