Content about Company Earnings Announcement

March 22, 2012

Dollar General's quarterly profit surged 33% to a record $299 million, from $226 million in the prior year.

GOODLETSVILLE, Tenn. — Dollar General's quarterly profit surged 33% to a record $299 million, from $226 million in the prior year.

Sales increased 20.1% to $4.19 billion, compared with $3.49 billion in the year-ago period. Same-store sales rose 6.5%.

For the full year, profit rose 26% to $819 million, from $649 million in 2010. Sales surged 13.6% to $14.8 billion, from $13 billion last year. Same-store sales rose 6%.

March 21, 2012

Fred's delivers on remodel initiative, but sales lag

Regional discounter Fred's made good on its promise of a year ago to further expand a new merchandising initiative, but an intensely competitive market made fourth-quarter sales tough to come by.

MEMPHIS — Regional discounter Fred's made good on its promise of a year ago to further expand a new merchandising initiative, but an intensely competitive market made fourth-quarter sales tough to come by.

March 5, 2012

Dr. Reddy's launches generic version of Pfizer's Geodon

Indian drug maker Dr. Reddy's has launched a drug designed to treat bipolar disorder and schizophrenia, the company said.

HYDERABAD, India — Indian drug maker Dr. Reddy's has launched a drug designed to treat bipolar disorder and schizophrenia, the company said.

The company announced the launch of ziprasidone hydrochloride capsules in the 20-mg, 40-mg, 60-mg and 80-mg strengths.

The drug is a generic version of Pfizer's Geodon, which had sales of $1.34 billion in 2011, according to IMS Health.

March 5, 2012

Walgreens' overall sales up 1.5% for the month of February

Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

DEERFIELD, Ill. — Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

Shares of Walgreens were up slightly by 8 cents to $32.77 in early morning trading.

March 1, 2012

Kroger records Q4 net loss despite boost in total, same-store sales

Despite recording an increase in total and identical-store sales during fourth quarter 2011, Kroger reported a net loss due to costs associated with consolidating its pension plan for union workers.

CINCINNATI — Despite recording an increase in total and identical-store sales during fourth quarter 2011, Kroger reported a net loss due to costs associated with consolidating its pension plan for union workers.

The grocer, whose banners include Kroger, Ralphs and Food 4 Less, said the loss of of $306.9 million, or 54 cents per share, compared with a profit of $278.8 million in the year-ago period.

Total sales in the quarter rose 7.7% to $21.4 billion. Excluding fuel, sales rose 5%. Same-store sales increased 4.9% (excluding fuel).

February 29, 2012

CCA Industries narrows Q4 loss

Health and beauty aid company CCA Industries announced on Wednesday that it narrowed its fourth-quarter loss and saw a boost in revenues as it celebrated the launch during the quarter of its new Nutra Nail Gel Perfect UV Free gel nail color brand.

EAST RUTHERFORD, N.J. — Health and beauty aid company CCA Industries announced on Wednesday that it narrowed its fourth-quarter loss and saw a boost in revenues as it celebrated the launch during the quarter of its new Nutra Nail Gel Perfect UV Free gel nail color brand.

Revenues for the quarter ended Nov. 30 totaled $11.8 million, compared with $10.2 million in the year-ago period. Net loss during the quarter was $3,433, compared with a loss of $697,500 for the fourth quarter 2010.

February 13, 2012

Weis Markets' 2011 sales up 5% despite slow recovery

Weis Markets on Monday reported an increase in 2011 sales of 5% to $2.8 billion.

SUNBURY, Pa. — Weis Markets on Monday reported an increase in 2011 sales of 5% to $2.8 billion.

Weis said its comparable sales for the calendar year also were up, increasing 4.2% for 2011, compared with the year-ago period.

February 9, 2012

Solid front-end sales help drive Shoppers Drug Mart Q4 sales boost

Shoppers Drug Mart announced on Thursday a boost in fourth-quarter sales thanks to moderate sales growth in pharmacy and strong results at the front end.

TORONTO — Shoppers Drug Mart announced on Thursday a boost in fourth-quarter sales thanks to moderate sales growth in pharmacy and strong results at the front end.

Sales for the quarter, ended Dec. 31, 2011, totaled C$2.6 billion, up 4.3% compared with the year-ago period. Prescription sales rose 2.8% to C$1.8 billion. On a same-store basis, prescription sales rose 2.3%.

February 3, 2012

Express Scripts issue, a no-show flu season a drag on Walgreens' comps

The impact of the failed Express Scripts negotiations on Walgreens' sales has been significant to date, as evidenced by Walgreens' January sales release issued Friday.

DEERFIELD, Ill. — The impact of the failed Express Scripts negotiations on Walgreens' sales has been significant to date, as evidenced by Walgreens' January sales release issued Friday.

Walgreens reported a sales decline of 2.3% for the month of January to $5.8 billion — the first month operating outside of the Express Scripts pharmacy network. A flu season that has yet to materialize also has had a significant impact on comparable sales figures.

Sales in comparable stores were down 4.6%, falling below analyst consensus of down 2.6%.

February 2, 2012

Sales rise, comps drop at Fred's

Fred's on Thursday said January sales rose 3% to $132.4 million, compared with the year-ago period.

MEMPHIS — Fred's on Thursday said January sales rose 3% to $132.4 million, compared with the year-ago period.

Comparable-store sales for the retailer, however, declined 0.8%, compared with an increase of 2.1% in the same period last year.

January 27, 2012

AmerisourceBergen reports $20.4 billion in Q1 revenue

AmerisourceBergen on Thursday reported $20.4 billion in revenue for the first quarter ended Dec. 31, up 2%.

VALLEY FORGE, Pa. — AmerisourceBergen on Thursday reported $20.4 billion in revenue for the first quarter ended Dec. 31, up 2%.

“We are off to a good start in our fiscal year 2012, with December quarter results in line with our expectations and excellent progress being made on the integration of our recent acquisitions,” stated Steven Collis, AmerisourceBergen president and CEO. “We continued to demonstrate expense and working capital discipline, and our balance sheet remains strong, giving us outstanding financial flexibility.”

January 27, 2012

Colgate announces fourth-quarter results

Colgate-Palmolive announced on Thursday that fourth-quarter worldwide sales rose 5%, as launches of the new Colgate Optic White and Colgate Sensitive Pro-Relief toothpastes helped strengthen the brand’s toothpaste market share in the United States.

NEW YORK — Colgate-Palmolive announced on Thursday that fourth-quarter worldwide sales rose 5%, as launches of the new Colgate Optic White and Colgate Sensitive Pro-Relief toothpastes helped strengthen the brand’s toothpaste market share in the United States.

Worldwide net sales for the quarter totaled $4.17 billion, up 5%, compared with the year-ago period. Organic sales grew 6%.

January 27, 2012

Procter & Gamble announces second-quarter results

Procter & Gamble announced on Friday that second-quarter net sales and organic sales rose 4% as net earnings dropped 49%.

CINCINNATI — Procter & Gamble announced on Friday that second-quarter net sales and organic sales rose 4% as net earnings dropped 49%.

December 21, 2011

Walgreens steadfast in its resolve to move on without Express Scripts

As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

DEERFIELD, Ill. — As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

December 13, 2011

Costco sales, profits increase in Q1

Costco Wholesale Corp. reported sales of $21.18 billion and profits of $320 million during first quarter 2012, according to an earnings statement.

ISSAQUAH, Wash. — Costco Wholesale Corp. reported sales of $21.18 billion and profits of $320 million during first quarter 2012, according to an earnings statement.

December 5, 2011

Ingles reports positive Q4, full-year results

Ingles Markets recorded key increases in its fourth-quarter and full-year results for fiscal year 2011, which ended Sept. 30, the retailer announced Monday.

ASHEVILLE, N.C. — Ingles Markets recorded key increases in its fourth-quarter and full-year results for fiscal year 2011, the retailer announced Monday.

For the fourth quarter ended Sept. 30, net sales increased 5.8% to $905.8 million, compared with the year-ago period, while comparable-store sales (excluding gasoline) rose 2.2%, compared with the fourth quarter of fiscal 2010.

December 1, 2011

Fred's comps up 1.5% for month of November

Fred's on Thursday reported sales of $152.1 million, up 4%, for the four-week fiscal month ended Nov. 26. Comparable store sales for the month rose 1.5% on top of an increase of 4.7% in the same period last year.

MEMPHIS, Tenn. — Fred's on Thursday reported sales of $152.1 million, up 4%, for the four-week fiscal month ended Nov. 26. Comparable store sales for the month rose 1.5% on top of an increase of 4.7% in the same period last year.

December 1, 2011

Kroger posts 32 consecutive quarters of comp sales gains; increases outlook for year

Kroger posted its 32nd consecutive same-store sales gains as the grocer continues to grab market share due to a combination of a customer service initiative and value pricing.

CINCINNATI — Kroger posted its 32nd consecutive same-store sales gains as the grocer continues to grab market share due to a combination of a customer service initiative and value pricing.

December 1, 2011

Senators look into Pfizer-PBM deal for Lipitor

Pfizer's efforts to protect the sales of its blockbuster cholesterol drug Lipitor have attracted scrutiny from members of Congress, according to published reports.

NEW YORK — Pfizer's efforts to protect the sales of its blockbuster cholesterol drug Lipitor have attracted scrutiny from members of Congress, according to published reports.

The New York Times reported Thursday that three senators — Max Baucus, D-Mont.; Chuck Grassley, R-Iowa; and Herb Kohl, D-Wis. — had asked Pfizer and five other companies to provide details of their agreements to prevent dispensing of generic versions of Lipitor (atorvastatin) and dispense only the branded version.

November 22, 2011

Fred's reports strong Q3 results

Discount retailer Fred's realized positive third-quarter results, thanks to "strong customer traffic, higher gross margins in its general merchandise and pharmacy departments, as well as improved management of controllable operating costs," Fred's CEO Bruce Efird said.

MEMPHIS — Discount retailer Fred's realized positive third-quarter results, thanks to "strong customer traffic, higher gross margins in its general merchandise and pharmacy departments, as well as improved management of controllable operating costs," Fred's CEO Bruce Efird said.

Total sales for the retailer rose 2% to $444.4 million, compared with the year-ago period, while comparable-store sales were flat. Net income increased 16% to $9 million, compared with last year, while earnings per diluted share rose 20% to 24 cents.

November 17, 2011

Sears Holdings reports wider loss in Q3

Kmart operator Sears Holdings reported Thursday that its loss widened in the third quarter on softness in its Canada division and on weaker consumer electronics sales.

HOFFMAN ESTATES, Ill. — Kmart operator Sears Holdings reported Thursday that its loss widened in the third quarter on softness in its Canada division and on weaker consumer electronics sales.

The company recorded a loss of $421 million in the quarter ended Oct. 29, compared with a loss of $218 million a year earlier.

Revenue slipped 1% to nearly $9.6 billion from about $9.7 billion, missing the $9.63 billion expected by Wall Street, and marking the fourth straight quarter of revenue declines.

November 4, 2011

Kraft Foods reports Q3, raises guidance

Net revenues for Kraft Foods realized an 11.5% boost, the company reported in its third-quarter earnings release.

NORTHFIELD, Ill. — Net revenues for Kraft Foods realized an 11.5% boost, the company reported in its third-quarter earnings release.

Third-quarter net revenues totaled $13.2 billion for the period ended Sept. 30. Additionally, diluted earnings per share also saw a strong gain, rising nearly 21% to 52 cents, compared with the year-ago period.

November 3, 2011

Costco delivers strong sales in October

Costco reported net sales of $7.01 billion for the four weeks ended Oct. 30, an increase of 11% from $6.3 billion during the similar four-week period last year.

ISSAQUAH, Wash. — Costco reported net sales of $7.01 billion for the four weeks ended Oct. 30, an increase of 11% from $6.3 billion during the similar four-week period last year.

Total comparable-club sales for the month were up 9%. U.S. comparable-store sales also were up 9%, while international comps rose 8%. Excluding the impact of fuel and foreign currencies total comps rose 7%, U.S. comps rose 6% and international comps rose 9%.

November 3, 2011

CVS' Merlo: PBM continues to demonstrate success

CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

WOONSOCKET, R.I. — CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

November 2, 2011

Publix reports Q3 results

Third-quarter sales for Publix rose 5.5% to $6.4 billion, the Florida-based supermarket retailer announced Tuesday.

LAKELAND, Fla. — Third-quarter sales for Publix rose 5.5% to $6.4 billion, the Florida-based supermarket retailer announced Tuesday.

Comparable-store sales also saw an increase, rising 4.3% for the period, while net earnings totaled $311.9 million, compared with $283.2 million the in year-ago period, reflecting a 10.1% increase. Earnings per share for the retailer were 40 cents, up from 36 cents in the same period last year.