Content about Company Earnings Announcement

April 10, 2014

Costco announced on Thursday that its March sales increased 8% to $10.43 billion.

ISSAQUAH, Wash. — Costco announced on Thursday that its March sales increased 8% to $10.43 billion.

This year's five-week period, ended April 6, included 35 days of sales compared to 34 last year, reflecting the timing of Easter. This calendar shift positively impacted this year's net and comparable sales by an estimated 1 to 1.5%, the company stated.

During March, same-store sales rose 6% in the United States. For the total company, same-store sales increased 5% during that period.

April 10, 2014

In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales.

CAMP HILL, Pa. — In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales. For the full year, Rite Aid reported $25.5 billion in revenues, up 0.5%.

April 7, 2014

Mallinckrodt and Questcor Pharmaceuticals on Monday announced that they have entered into a definitive merger agreement under which Mallinckrodt will acquire Questcor in a transaction valued at approximately $5.6 billion.

DUBLIN — Mallinckrodt and Questcor Pharmaceuticals on Monday announced that they have entered into a definitive merger agreement under which Mallinckrodt will acquire Questcor in a transaction valued at approximately $5.6 billion. The transaction was unanimously approved by the boards of directors of both companies. Subject to customary closing conditions, the transaction currently is expected to be completed in the third calendar-quarter of 2014.

March 12, 2014

IRI announced on Wednesday the results of its 2013 New Product Pacesetters report, a benchmark analysis of exceptional first-year consumer packaged goods sales success for newly launched products.

CHICAGO and ORLANDO, Fla. — IRI announced on Wednesday the results of its 2013 New Product Pacesetters report, a benchmark analysis of exceptional first-year consumer packaged goods sales success for newly launched products.

There were 190,000 new UPCs and 9,500 new brand launches that hit the shelves in 2013.

March 6, 2014

Costco reported on Thursday a decrease in second-quarter net income, which it attributed to weaker sales and gross margin results in certain non-foods merchandise categories, weaker gross margins in its fresh foods business and lower reported international profits.

ISSAQUAH, Wash. — Costco reported on Thursday a decrease in second-quarter net income, which it attributed to weaker sales and gross margin results in certain non-foods merchandise categories, weaker gross margins in its fresh foods business and lower reported international profits.

Net income for the quarter was $463 million, or $1.05 per diluted share, compared with $547 million, or $1.24 per diluted share, last year.

March 6, 2014

Kroger danced around "the elephant in the room" in declining to discuss future merger and acquisition plans on its fourth-quarter conference call Thursday morning.

CINCINNATI — Kroger danced around "the elephant in the room" in declining to discuss future merger and acquisition plans on its fourth-quarter conference call Thursday morning. While neither Kroger executives nor analysts actually referenced any potential Safeway transaction, Rodney McMullen, Kroger CEO did provide some color as to what strategic opportunities the company would be interested in: "The thing that was attractive about Harris Teeter as a transaction — it's a well-run company that overall we admired a whole lot," he said.

March 5, 2014

Beauty company Revlon announced on Wednesday that fourth-quarter sales rose 28%, benefiting from the inclusion of sales at the Colomer Group, which it acquired in October.

NEW YORK — Beauty company Revlon announced on Wednesday that fourth-quarter sales rose 28%, benefiting from the inclusion of sales at the Colomer Group, which it acquired in October.

March 5, 2014

Weis Markets on Tuesday evening posted $686.4 million in fourth-quarter sales for the 13-week period ended Dec. 28, 2013, representing a decline of 1.1% as compared to the year-ago period.

SUNBURY, Pa. — Weis Markets on Tuesday evening posted $686.4 million in fourth-quarter sales for the 13-week period ended Dec. 28, 2013, representing a decline of 1.1% as compared to the year-ago period. Comparable store sales for the same period were down 3.5%. In 2013, the company's sales totaled $2.7 billion, down 0.3% compared to 2012. Comparable store sales for the 52-week period ending Dec. 28 declined 2.6%.

March 3, 2014

Publix sales for the fiscal year ended Dec. 28, 2013 were $28.9 billion, a 5.2% increase.

LAKELAND, Fla. — Publix sales for the fiscal year ended Dec. 28, 2013 were $28.9 billion, a 5.2% increase. Comparable-store sales for 2013 increased 3.6%. 

Publix's sales for the fourth quarter of 2013 totaled $7.4 billion, a 5.3% increase, the grocer reported Monday. Comparable-store sales for the fourth quarter of 2013 increased 4.3%. 

February 27, 2014

Ahold announced plans to significantly expand its Peapod presence in the U.S. market when announcing fourth-quarter results on Thursday.

ZAANDAM, The Netherlands — Ahold announced plans to significantly expand its Peapod presence in the U.S. market when announcing fourth-quarter results on Thursday. "Peapod is expected to double its capacity in the U.S. in 2014," Dick Boer, Ahold CEO, told analysts. 

February 27, 2014

Sears Holdings announced on Thursday that it narrowed its fourth-quarter loss and, during 2013, made process on its transformation.

HOFFMAN ESTATES, Ill. — Sears Holdings announced on Thursday that it narrowed its fourth-quarter loss and, during 2013, made process on its transformation.

February 26, 2014

Target announced on Wednesday a decline in fourth-quarter sales and earnings; however, executives expressed optimism as they plan for the new fiscal year and work to restore consumer confidence following the data breach.

MINNEAPOLIS — Target announced on Wednesday a decline in fourth-quarter sales and earnings; however, executives expressed optimism as they plan for the new fiscal year and work to restore consumer confidence following the data breach.

February 19, 2014

Safeway on Wednesday afternoon confirmed it is in discussions concerning a possible transaction involving the sale of the company.

PLEASANTON, Calif. — Safeway on Wednesday afternoon confirmed it is in discussions concerning a possible transaction involving the sale of the company. However, the company declined to comment further at this time. "Although the discussions are ongoing, the company has not reached an agreement on a transaction, and there can be no assurance that these discussions will lead to an agreement or a completed transaction," Safeway stated as part of its earnings release. 

February 11, 2014

CVS Caremark released on Tuesday fourth-quarter results, which came in at the high end of expectations and helped produce a record year, but as expected, among the key topics of discussion during the conference call with analysts was the company’s recent decision to stop selling tobacco products in all of its stores by Oct. 1.

WOONSOCKET, R.I. — CVS Caremark released on Tuesday fourth-quarter results, which came in at the high end of expectations and helped produce a record year, but as expected, among the key topics of discussion during the conference call with analysts was the company’s recent decision to stop selling tobacco products in all of its stores by Oct. 1.

February 6, 2014

Costco on Thursday reported net sales of $8 billion for the four weeks ended Feb. 2, representing an increase of 6% percent from the similar four-week period last year.

ISSAQUAH, Wash. — Costco on Thursday reported net sales of $8 billion for the four weeks ended Feb. 2, representing an increase of 6% percent from the similar four-week period last year. 

Comparable store sales across Costco's U.S. store base were up 5%.

For the 22 weeks ended Feb. 2, Costco reported net sales of $46.3 billion, representing a similar increase of 6% vs. the year-ago period. 

 

January 31, 2014

Days following the acquisition of a majority stake in Celesio, McKesson Corp. reported that revenues for the third quarter ended Dec. 31 totaled $34.3 billion, up 10% compared with a year ago.

SAN FRANCISCO — Days following the acquisition of a majority stake in Celesio, McKesson Corp. on Thursday reported that revenues for the third quarter ended Dec. 31 totaled $34.3 billion, up 10% compared with a year ago.  

Third-quarter adjusted earnings per diluted share from continuing operations was $1.45 compared to $1.44 a year ago.  

January 30, 2014

The loss of the Walgreens contract was a key consideration in Cardinal Health's 12% decline in overall revenue for the company's second quarter 2014, George Barrett, Cardinal Health chairman and CEO, told analysts Thursday morning.

DUBLIN, Ohio — The loss of the Walgreens contract was a key consideration in Cardinal Health's 12% decline in overall revenue for the company's second quarter 2014, George Barrett, Cardinal Health chairman and CEO, told analysts Thursday morning. Revenue totaled $22.2 billion. The loss of the Walgreens contract totaled $5 billion. 

But Cardinal Health is bullish regarding its future. Cardinal Health increased its outlook for the next six months, raising its non-GAAP EPS range to $3.75 to $3.85. 

January 24, 2014

Procter & Gamble reported on Friday that second-quarter results were in line with company expectations, and solid growth is projected for the second half of the fiscal year.

CINCINNATI — Procter & Gamble reported on Friday that second-quarter results were in line with company expectations, and solid growth is projected for the second half of the fiscal year.

Second-quarter net totaled $22.3 billion, unchanged from the year-ago period. Organic sales grew 3%.

Diluted net earnings per share were $1.18, a decrease of 15% versus a base period that included a 21 cents per share holding gain resulting from P&G’s purchase of the balance of its baby care and feminine care joint venture in Iberia.

January 23, 2014

Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

VALLEY FORGE, Pa. — Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

“In our December quarter, we delivered solid results as we onboarded substantial new business,” Steven Collis, AmerisourceBergen president and CEO, said. “We performed well operationally, made meaningful progress through a significant working capital transition, and positioned ourselves well to meet our objectives for the fiscal year.”

January 9, 2014

Costco Wholesale Corp.'s sales increased by 6% in the month of December and the first few days of January compared with December 2012, the club retailer said.

ISSAQUAH, Wash. – Costco Wholesale Corp.'s sales increased by 6% in the month of December and the first few days of January compared with December 2012, the club retailer said Thursday.

The Issaquah, Wash.-based company reported sales of $11.53 billion during the five weeks that ended Sunday, compared with $10.87 billion during the same period last year. Comps increased by 5% at the company's U.S. stores.

January 9, 2014

Family Dollar reported sales of $2.5 billion in first quarter 2014, a 3.2% increase over the same period last year, the dollar store chain said.

MATTHEWS, N.C. — Family Dollar reported sales of $2.5 billion in first quarter 2014, a 3.2% increase over the same period last year, the dollar store chain said Thursday.

For the 13-week quarter that ended Nov. 30, the chain said sales were strongest in refrigerated and frozen food, health aids and tobacco. Same-store sales during the quarter decreased by 2.8% due to fewer customer transactions and a slight decrease in average customer transaction value.

January 9, 2014

While Save-A-Lot is still the jewel in the crown of Supervalu, the chain has committed to investing into its retail supermarket banners with a makeover for all of the banners, a review of the planograms within those banners and private label.

MINNEAPOLIS — While Save-A-Lot is still the jewel in the crown of Supervalu, the chain has committed to investing into its retail supermarket banners with a makeover for all of the banners, a review of the planograms within those banners and private label. 

December 10, 2013

Teva Pharmaceutical Industries anticipates that it could lose about $500 million in sales next year if a generic version of its multiple sclerosis drug hits the market, the Israeli drug maker said Tuesday.

JERUSALEM — Teva Pharmaceutical Industries anticipates that it could lose about $500 million in sales next year if a generic version of its multiple sclerosis drug hits the market, the Israeli drug maker said Tuesday.

December 5, 2013

Costco's sales increased by 5% during first quarter 2014, which ended on Nov. 24, the club retailer said Thursday.

ISSAQUAH, Wash. — Costco Wholesale Corp.'s sales increased by 5% during first quarter 2014, which ended on Nov. 24, the club retailer said Thursday.

The company reported sales of $24.47 billion during the quarter, compared with $23.2 billion in first quarter 2013. For the month of November, sales were $8.78 billion, a 5% increase over the $8.4 billion reported in November 2012.

December 5, 2013

Dollar General on Thursday reported $4.4 billion in sales, up 10.5%, for the company's third quarter ended Nov. 1.

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported $4.4 billion in sales, up 10.5%, for the company's third quarter ended Nov. 1. Same-store sales increased 4.4%, with increases in both customer traffic and average transaction value, the dollar store operator reported.