- Canadian retailer Sobeys Inc. announced first quarter net earnings of $47 million (US) for its first quarter ended August 2, 2003; a decrease of 8.7 percent compared to the first quarter of last year. First quarter sales reached $3 billion (US), up 4.7 percent from the same period a year ago.
- Wal-Mart de Mexico SA posted total August sales that were the equivalent of about $875 million (US), up almost 13 percent over the same period a year ago.
Same-store sales grew 7.3 percent in August.
- Rite Aid Corp. reported that total sales for the five weeks ended Aug. 30 rose 5.4 percent to $1.55 billion from $ 1.47 billion a year earlier. August same-store sales rose 6.2 percent, boosted by higher results at its pharmacy department. Pharmacy same-store sales rose 6.6 percent for the month, while front-end same-store sales rose 5.5 percent.
For the second quarter ended Aug. 30, Rite Aid's total sales for the second quarter rose to $4.04 billion from $3.84 billion a year earlier.
