by Mike Duff | Apr 14, 2023 | Retail Articles
As inflation eased at winter’s end, retail sales slowed in March, but spending was still higher than at the same time last year, according to the National Retail Federation. The United States Census Bureau announced that overall retail sales in March slipped 1%...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
by Mike Duff | Apr 10, 2023 | Retail Articles
Non-food revenues were soft at Costco Wholesale Corporation in fiscal March as net sales came in at $21.71 billion, up 0.5% from the year-earlier month. Comparable store sales, excluding the effects of gasoline price and foreign exchange volatility, gained 2.6%. Comps...
by Mike Duff | Mar 28, 2023 | Retail Articles
In the second quarter, Walgreens Boots Alliance saw earnings slip, with the waning COVID-19 pandemic playing a role, but sales gain and both metrics beat Wall Street estimates. Walgreens posted company net earnings of $703 million, or 81 cents per diluted share,...
by Mike Duff | Mar 13, 2023 | Retail Articles
On the way to a strong fiscal year result, Ulta Beauty enjoyed several historical first even as it easily beat Wall Street estimates. Net income was $340.8 million, or $6.68 per diluted share, versus $289.4 million, or $5.41 per diluted share, in the year-prior...
