Five Below reports higher profit as sales surge
Retailer adds 150 stores in fiscal year ended January 31.
Retailer adds 150 stores in fiscal year ended January 31.
Same-store sales for the year rose 5.3%, driven by a 4.3% increase in average ticket and a 1.0% gain in customer traffic.
Beauty retailer's network of more than 1,500 stores continues to take market share.
For the full fiscal year, Dollar General reported net sales of $42.7 billion, up 5.2% from $40.6 billion in fiscal 2024.
The discount retailer continues to attract bargain-hunting shoppers.
The CPG company lowers full-year guidance to reflect more cautious view.
Brick sets based on Formula One, botanicals and popular franchises broaden the customer base.
Tech giant rises on the strength of Amazon Web Services, its cloud-computing unit.
“Kroger delivered a strong finish to the year, with improving market share trends and solid sales growth that reflect meaningful progress strengthening the business,” CEO Greg Foran said.
Fourth-quarter net sales declined 1.5% to $30.5 billion, while comparable sales fell 2.5%
Off-price retailer foresees a slowdown in growth this year.
Strong gains in the cloud computing, e-commerce and advertising units.
Comparable sales climbed 6.4%, topping analysts’ expectations of 5.8%.
Gains in eCommerce and private-label brands offset charges tied to automated fulfillment network; grocer lifts earnings guidance for the year
All four key merchandise categories—consumables, seasonal, home products, and apparel—posted positive growth.
Retailer raises full-year guidance as shoppers respond to broader assortment and value focus