As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
According to an annual holiday purchase intentions consumer survey from Circana, consumer sentiment and intentions related to the 2024 holiday shopping season are improved versus the past two years but still fall short of 2021 levels in most cases. Most consumers in...
In the fourth quarter, Costco Wholesale Corp. had strong results in home-oriented categories and beat a Wall Street estimate on earnings, although revenues didn’t meet expectations. For the 16-week fiscal fourth quarter, net income was $2.35 billion, or $5.29 per...
Target Circle Week returns on October 6 for members of the retailer’s free-to-join loyalty program with savings of up to 50% off products ranging from Halloween costumes and candy to holiday gift items including toys to an array of housewares. Target noted...
Consumer reluctance to engage in discretionary spending resulted in Dollar Tree’s second quarter being short of expectations. Net income was $132.4 million and diluted earnings per share was 62 cents versus $200.4 million, or 91 cents per diluted share, in the...
