Q1 earnings down at Weis
Weis Markets on Wednesday said net income declined by 26.6% in the fiscal first quarter while price investments to drive sales began to take hold. read more Supermarket News
Tag: Earnings
Higher costs sink Loblaw Q1 earnings
Costs associated with the acquisition of the Shoppers Drug Mart chain triggered a 39.8% decline in quarterly net earnings, while sales inched up moderately amid intense competition, Loblaw Cos. said … Continue Reading →
Family Dollar to close 370 stores; Q2 sales, earnings down
Family Dollar Stores said Thursday that it would close 370 underperforming stores and slow plans for new store growth as sales and earnings plunged during the fiscal second quarter. read … Continue Reading →
Costco earnings dip in Q2
Costco Wholesale Corp., Issaquah, Wash., said Thursday weak holiday sales, combined with several “anomalies,” resulted in lower earnings for the second quarter and first half ended Feb. 16, while sales … Continue Reading →
Q2 earnings drop, sales rise at Village
Village Super Market, Springfield, N.J., said a charge for future lease obligations pushed net income down while sales increased for the second quarter, which ended Jan. 25. read more Supermarket … Continue Reading →
Metro Q1 sales flat, earnings down
Metro Inc. on Monday said sales were flat in its first fiscal quarter, while same-store sales declined 0.5% and earnings also declined relative to a year ago. read more Supermarket … Continue Reading →
Publix Names Reynolds to Charlotte Post; Q3 Earnings Dip
LAKELAND, Fla. — Publix Super Markets here said Monday that it appointed Kim Reynolds to the position of media and communications manager of its newly launched Charlotte division. read more … Continue Reading →
Publix Posts Sales, Earnings Gains in Q2
LAKELAND, Fla. — Publix Super Markets here on Thursday said sales and earnings increased during the second quarter, despite the effects of a shift in Easter holiday sales. read more … Continue Reading →
Spartan Q1 Earnings, Comps Down
GRAND RAPIDS, Mich. — Spartan Stores here on Wednesday said net earnings were down by 22% in the fiscal first quarter resulting in part from impairment charges and from fees … Continue Reading →
Family Dollar Q3 Earnings Flat
MATTHEWS, N.C. — Family Dollar grew sales and market share during the third quarter but earnings were flat and margins were down, officials of the discounter here said Wednesday. read … Continue Reading →