Content about Company Earnings Announcement

August 1, 2013

Procter & Gamble announced on Thursday that net sales for the fiscal year inched up 1% as net earnings per share from continuing operations rose 24%.

CINCINNATI — Procter & Gamble announced on Thursday that net sales for the fiscal year inched up 1% as net earnings per share from continuing operations rose 24%.

August 1, 2013

Publix’s sales for second quarter 2013 were $7 billion, a 3.8% increase from last year, the company reported Thursday.

LAKELAND, Fla. — Publix’s sales for second quarter 2013 were $7 billion, a 3.8% increase from last year, the company reported Thursday. Sales for the second quarter of 2013 were negatively impacted by approximately 1.3% due to the Easter holiday being in the first quarter of 2013, but in the second quarter of 2012. Comparable-store sales for the second quarter of 2013 increased 2.1%.

Publix’s sales for the first half of 2013 were $14.5 billion, a 5% increase. Comparable-store sales for the first half of 2013 increased 3%.

July 31, 2013

Beauty company Revlon announced that net sales were essentially flat during the second quarter due, in part, to continued softness in its Almay brand.

NEW YORK — Beauty company Revlon announced on Wednesday that net sales were essentially flat during the second quarter due, in part, to continued softness in its Almay brand.

During its conference call with analysts Wednesday morning, the company also announced that Bob Kretzman, chief administrative officer, will retire at the end of September, following a 25-year career at Revlon. Kretzman will join Revlon's board of directors, effective Oct. 1.

July 25, 2013

Colgate-Palmolive announced a boost in second-quarter net sales as its global market share in toothpaste and manual toothbrushes hit record highs year to date.

NEW YORK — Colgate-Palmolive announced on Thursday a boost in second-quarter net sales as its global market share in toothpaste and manual toothbrushes hit record highs year to date.

Net sales for the quarter totaled $4.35 billion, up 2% compared with the year-ago period. Organic sales grew 5.5%.

Net income, which included charges related to its restructuring program, totaled $561 million, or 60 cents per diluted share, for the quarter. This compares with net income of $627 million, or 65 cents per diluted share, in the year-ago period.

July 25, 2013

Distribution Solutions revenues were up 5% in the first quarter, driven mainly by strong growth in U.S. pharmaceutical direct distribution and services revenues and the acquisition of PSS World Medical. Technology Solutions revenues were up 9% in the first quarter compared to the prior year.

SAN FRANCISCO — McKesson on Thursday afternoon reported revenues of $32.2 billion, up 5%, for the first quarter ended June 30.

July 25, 2013

Results of the survey indicate that 68% of consumers plan to spend up to $500 this back-to-school shopping season compared with 63% in 2012 and 48% in 2011. Additionally, 17% of respondents plan to spend between $500 and $1,000, and 15% of shoppers said they have no back-to-school shopping budget this year.

LOS ANGELES — PriceGrabber released today the results of its first 2013 Back-to-School shopping survey. Results of the survey indicate that 68% of consumers plan to spend up to $500 this back-to-school shopping season compared with 3% in 2012 and 48% in 2011. Additionally, 17% of respondents plan to spend between $500 and $1,000, and 15% of shoppers said they have no back-to-school shopping budget this year. Conducted from June 17 to July 8, 2013, the survey includes responses from 2,191 U.S. online shopping consumers.

July 24, 2013

AmerisourceBergen reported $21.9 billion in revenue for its third quarter ended June 30, representing a sales lift of 13.3%.

VALLEY FORGE, Pa. — AmerisourceBergen on Wednesday reported $21.9 billion in revenue for its third quarter ended June 30, representing a sales lift of 13.3%. Amerisource credited the lift to a 16% increase in AmerisourceBergen Drug Corp. revenue and a 5% increase in AmerisourceBergen Specialty Group revenue. 

July 19, 2013

Health and beauty aid manufacturer CCA Industries, whose brands include Plus+White toothpastes and teeth whiteners and Nutra Nail nail care treatments, swung to a loss during the second quarter but expressed optimism for the fourth quarter.

EAST RUTHERFORD, N.J. — Health and beauty aid manufacturer CCA Industries, whose brands include Plus+White toothpastes and teeth whiteners and Nutra Nail nail care treatments, swung to a loss during the second quarter but expressed optimism for the fourth quarter.

July 18, 2013

Incoming president and CEO Robert Edwards had a busy first-quarter at Safeway — the company last month agreed to sell its Canadian operations to Sobeys and Safeway initiated an IPO for its Blackhawk prepaid card business.

PLEASANTON, Calif. — Incoming president and CEO Robert Edwards had a busy first-quarter at Safeway — the company last month agreed to sell its Canadian operations to Sobeys, and Safeway initiated an IPO for its Blackhawk prepaid card business. Safeway is now a 73% majority owner in the company. "This is an interesting quarter to report," Edwards told analysts Thursday morning. 

July 18, 2013

Supervalu on Thursday reported first quarter fiscal 2014 net sales of $5.2 billion, down 1.5%, and net earnings of $85 million, or $0.34 per diluted share.

MINNEAPOLIS — Supervalu on Thursday reported first quarter fiscal 2014 net sales of $5.2 billion, down 1.5%, and net earnings of $85 million, or $0.34 per diluted share. The decrease in net sales primarily reflects a decline in identical store sales of negative 3% percent for retail food and negative 1.9% for Save-A-Lot. Identical store sales for corporately operated stores within the Save-A-Lot network were negative 1.2%.

July 11, 2013

Costco Wholesale reported sales of $9.9 billion for the month of July, an 8% increase over July 2012, the club retailer said.

ISSAQUAH, Wash. — Costco Wholesale Corp. reported sales of $9.9 billion for the month of July, an 8% increase over July 2012, the club retailer said Thursday.

For the 44-week period that ended Sunday, sales were $87.05 billion, also an 8% increase over the same period last year. For the month and the 44-week period, same-store sales rose 6%.

Sterne Agee analyst Chuck Grom said that not counting the effects of foreign exchange rates and gas prices, the company's total same-store sales increased by 6.25%, higher than the firm's 5% forecast.

July 10, 2013

Family Dollar Stores on Wednesday reported a net sales increase of 9% to $2.6 billion for third quarter ended June 1, reaching the upper end of the discount chain's guidance. Comparable store sales in the quarter increased 2.9%.

MATTHEWS, N.C. — Family Dollar Stores on Wednesday reported a net sales increase of 9% to $2.6 billion for third quarter ended June 1, reaching the upper end of the discount chain's guidance. Comparable store sales in the quarter increased 2.9%.

Family Dollar attributed the increase in comparable store sales to an increase in the average customer transaction value and higher customer traffic. Sales were strongest in the consumables category, which increased 14.8% during the quarter, driven primarily by strong growth in food, health and beauty aids and tobacco. 

July 9, 2013

Mylan has received tentative approval for a generic version of a cholesterol drug made by AstraZeneca, according to Food and Drug Administration records.

SILVER SPRING, Md. — Mylan has received tentative approval for a generic version of a cholesterol drug made by AstraZeneca, according to Food and Drug Administration records.

The FDA gave the tentative approval to Mylan's rosuvastatin calcium tablets in the 5 mg, 10 mg, 20 mg and 40 mg strengths. The drug is a generic version of AstraZeneca's Crestor, which had sales of $5.1 billion in 2012, according to IMS Health.

June 25, 2013

Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards.

DEERFIELD, Ill. — Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards. 

June 24, 2013

Rite Aid reported its third consecutive profitable quarter Thursday, with profits of nearly $90 million, following the introduction of the largest expansion of its Wellness+ loyalty card program, dubbed Wellness65+, and days before the promotion of COO Ken Martindale to president of the company.

The 4,615-store drug chain has been on a roll lately, continuing to benefit from the switch from branded to generic drugs and the retention of last year's dispute between Walgreens and Express Scripts.

Rite Aid reported its third consecutive profitable quarter Thursday, with profits of nearly $90 million, following the introduction of the largest expansion of its Wellness+ loyalty card program, dubbed Wellness65+, and days before the promotion of COO Ken Martindale to president of the company.

June 20, 2013

Kroger posted sales of $30 billion and profits of $481 million in first quarter 2013 as it slowly grew its online business and foresaw increased investment in new markets and increased square footage in its stores.

CINCINNATI — Kroger posted sales of $30 billion and profits of $481 million in first quarter 2013 as it slowly grew its online business and foresaw increased investment in new markets and increased square footage in its stores.

The results reported Thursday compared with first quarter 2012 sales of $29.1 billion and profits of $439 million. Earnings-per-share guidance for fiscal year 2013 was increased from $2.73 to $2.80.

June 12, 2013

Safeway announced that it has entered into an agreement to sell its Canadian operations through a sale of the net assets of Canada Safeway Limited to Sobeys, a Canadian food retailer and wholly-owned subsidiary of Empire Company Limited, for $5.7 billion in cash plus the assumption of certain liabilities.

PLEASANTON, Calif. — Safeway on Wednesday announced that it has entered into an agreement to sell its Canadian operations through a sale of the net assets of Canada Safeway Limited to Sobeys, a Canadian food retailer and wholly-owned subsidiary of Empire Company Limited, for $5.7 billion in cash plus the assumption of certain liabilities. 

June 6, 2013

Costco's reported May sales of $8.13 billion, a 7% increase over May 2012, the club retailer said.

ISSAQUAH, Wash. — Costco's reported May sales of $8.13 billion, a 7% increase over May 2012, the club retailer said Thursday.

Comps for the month increased by 5% in the chain's 449 U.S. stores during the period between May 6 and June 2. For the 39-week period that ended June 2, sales were $77.13 billion, an 8% increase over $71.28 billion during the same period last year, while comps increased by 6%. On a regional basis, the company's stores in Texas, the Southeast and the Midwest showed the strongest results.

June 5, 2013

Walgreens posted third-quarter sales of $18.3 billion, up 3.3%.

DEERFIELD, Ill. — Walgreens on Wednesday posted third-quarter sales of $18.3 billion, up 3.3%. Same-store sales were up 1.3%, with front-end comparable store sales up by 0.3% and pharmacy comp sales up 2%. Prescriptions filled were up 7% for the quarter. 

Sales of Walgreens' shares closed up 60 cents to $48.63 on Wednesday.

Walgreens reported that more than 72 million Walgreens faithful have signed on for the company's Balance Rewards loyalty program through May. 

May 31, 2013

Fred's Inc. reported positive financial results for the first quarter on Thursday and is looking to implement initiatives to reconfigure its pharmacy department and expand its specialty drug program as key drivers in its "aggressive" 2013 plan.

 MEMPHIS, Tenn. — Fred's Inc. reported positive financial results for the first quarter on Thursday and is looking to implement initiatives to reconfigure its pharmacy department and expand its specialty drug program as key drivers in its "aggressive" 2013 plan.

May 29, 2013

The Food and Drug Administration has approved a generic drug for incontinence made by Perrigo Co., the drug maker said.

ALLEGAN, Mich. — The Food and Drug Administration has approved a generic drug for incontinence made by Perrigo Co., the drug maker said Wednesday.

Perrigo announced the approval of trospium chloride extended-release capsules in the 60 mg strength, a once-daily treatment for overactive bladder with symptoms of urge urinary incontinence, urgency and urinary frequency. The drug is a generic version of Allergan's Sanctura XR, which has annual sales of $54 million, according to Symphony Health Solutions.

May 28, 2013

Dollar Tree reported consolidated net sales for the first quarter, which ended on May 4, of a record $1.87 billion, an 8.3% increase compared with $1.72 billion reported for the quarter ended April 28, 2012, the company stated today.

CHESAPEAKE, Va. — Dollar Tree Inc. reported consolidated net sales for the first quarter, which ended on May 4, of a record $1.87 billion, an 8.3% increase compared with $1.72 billion reported for the quarter ended April 28, 2012, the company stated today. Comparable store sales increased 2.1%, on top of a 5.6% increase for the first quarter 2012.

Earnings per diluted share for the first quarter were $0.59, an 18.0% increase compared to earnings per diluted share of $0.50 reported for the first quarter 2012.

May 22, 2013

Colder weather and more conservative shoppers contributed to a drop in Target Corp.'s first quarter 2013 profits, but the company's underlying business remains healthy, executives said Wednesday morning in a conference call with investors.

MINNEAPOLIS — Colder weather and more conservative shoppers contributed to a drop in Target Corp.'s first-quarter 2013 profits, but the company's underlying business remains healthy, executives said Wednesday morning in a conference call with investors.

"While we are not satisfied with this quarter's performance, we remain highly confident in our strategy," president, chairman and CEO Gregg Steinhafel said during the call.

May 16, 2013

Walmart Stores reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales.

Bentonville, Ark. — Walmart Stores on Thursday reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales. The retailer also scaled back its earnings expectations for the current three-month period.

Walmart’s net income rose 1.1% to $3.8 billion. Revenue edged up 1%, to $113.4 billion.

May 13, 2013

A ruling by the Food and Drug Administration means that generic versions of an opioid painkiller made by Endo Pharmaceuticals can stay on the market, drawing criticism from the drug maker.

SILVER SPRING, Md. — A ruling by the Food and Drug Administration means that generic versions of an opioid painkiller made by Endo Pharmaceuticals can stay on the market, drawing criticism from the drug maker.