Pilot Pen G2 Edge


Dollar Tree retrenching after disappointing Q4

CHESAPEAKE, Va. — Dollar Tree Inc. reported disappointing quarterly earnings and offered a downbeat outlook on March 13 and announced plans to shutter about 1,000 stores, nearly all of which operate under its Family Dollar banner. As part of an ongoing portfolio review, company executives have identified some 600 Family Dollar stores to close in

Kroger’s earnings top expectations

CINCINNATI — Kroger Co. reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel) decreased 0.8% in the quarter, while underlying identical sales without fuel

Target’s earnings top expectations, but sales lag

Target’s earnings top expectations, but sales lag

MINNEAPOLIS — Target reported fourth-quarter sales and earnings that beat analyst expectations, boosting its shares in pre-market trading. But total sales for the year declined, the company said. Target reported that GAAP and adjusted earnings per share of $2.98 was 57.6% higher than last year, and well-above the high end of the expected range of

Amazon’s Q4 performance beats expectations

Amazon’s Q4 performance beats expectations

SEATTLE — Amazon on Thursday reported fourth-quarter sales and earnings that topped analysts’ expectations, driven in part by a “record-breaking” holiday season. The company said its net sales increased 14% to $170.0 billion in the fourth quarter ended December 31, up from $149.2 billion in the fourth quarter of 2022. Net income increased to $10.6

WBA’s Q4 earnings fall short of expectations

WBA’s Q4 earnings fall short of expectations

DEERFIELD, Ill. –  Walgreens Boots Alliance Inc. reported fourth-quarter adjusted earnings of 67 cents per share, down 17% from a year earlier and one cent shy of analysts’ forecast.   Fourth quarter revenue of $35.42 topped Wall Street’s estimate of $34.56 billion. Excluding one-time items, the company posted a $180 million loss for the three-month

Kroger’s earnings climb in FY 2022

CINCINNATI — Kroger Co. reported solid sales growth for its fourth quarter and fiscal year ended January 28. For the fourth quarter, net sales increased 5.9% to $34.82 billion. Comparable-store sales (excluding fuel) increased 6.2% from a year ago. Fourth quarter sales of its Our Brands merchandise increased 10.1%. Kroger in the quarter celebrated the

BJs finishes fiscal year positioned for growth

MARLBOROUGH, Mass. — BJ’s Wholesale Club wrapped up fiscal 2022 with double-digit top- and bottom-line growth for both the year and the fourth quarter. The strong performance has positioned the company for further aggressive expansion in 2023. The membership warehouse club operator posted a 20.3% leap in full-year net income to $513.2 million on a

Costco posts 15% Q4 sales increase

ISSAQUAH, Wash. — Costco Wholesale Corp. said foot traffic was up in its fourth quarter, and average tickets were bigger as the warehouse club’s members cope with inflation. Net sales increased 15.2% to $72.7 billion in the 16-week quarter ended August 28. Comparable-store sales rose nearly 14%, and digital sales were up 7.1%. For the

Target passes $100 billion mark, net soars 59%

MINNEAPOLIS — Target Corp. capped a spectacular fiscal 2021 performance by recording more than $100 billion in sales for the first time and achieving record earnings per share in the fourth quarter. With both its in-store and e-commerce channels operating impressively, management has announced an aggressive program of investments to drive long-term growth and expand

CVS’ Q4 sales, earnings exceed expectations

WOONSOCKET, R.I. — CVS Health’s fourth quarter sales and earnings beat Wall Street’s expectations, as demand for COVID-19 tests and vaccines drove customers to stores. Revenue for the three months ended December 31 jumped 10.1% from a year earlier to $76.6 billion, topping analysts’ projection of $75.67 billion. Adjusted earnings per share climbed 52% to