• Ahold this morning is reporting that its second quarter sales increased two percent to the equivalent of $9 billion (US).
In the US, Stop & Shop/Giant-Landover reported a 1.9 percent rise in sales to $3.9 billion; same-store sales at Stop & Shop were up 1.1 percent and down one percent at Giant-Landover. Revenue at Giant-Carlisle increased 13.7 percent to $1 billion, with same-store sales up 2.7 percent.
• Ruddick Corp. holding company for Harris Teeter, aid this morning that its Q3 sales rose 11 percent to $923 million from $830.2 million in the third quarter of 2006, based on a 13 percent sales increase at Harris Teeter, which had same-store sales go up five percent.
Net income grew to $21.2 million, from $17.8 million in the prior-year period.
• Ingles Markets reports that its fiscal third-quarter net profit rose 43% to $19.7 million, from $13.8 million during the same period a year ago. Net sales for the quarter rose to $738.7 million from $659.2 million, on same-store sales that were up 11.9 percent.
• CVS Caremark Corp. reported second quarter net income of $723.6 million, compared with $337.9 million a year earlier when CVS and Caremark operated as separate entities. Revenue climbed 96% to $20.7 billion, and same-store sales were up 5.7 percent.
• Walgreen Co. said that its July sales rose 11 percent to $4.42 billion, on same-store sales that were up 7.2 percent.
• Procter & Gamble reports this morning that its fourth quarter net income rose 19 percent to $2.27 billion, from $1.9 billion a year earlier. Sales rose eight percent to $19.27 billion from $17.84 billion.
In the US, Stop & Shop/Giant-Landover reported a 1.9 percent rise in sales to $3.9 billion; same-store sales at Stop & Shop were up 1.1 percent and down one percent at Giant-Landover. Revenue at Giant-Carlisle increased 13.7 percent to $1 billion, with same-store sales up 2.7 percent.
• Ruddick Corp. holding company for Harris Teeter, aid this morning that its Q3 sales rose 11 percent to $923 million from $830.2 million in the third quarter of 2006, based on a 13 percent sales increase at Harris Teeter, which had same-store sales go up five percent.
Net income grew to $21.2 million, from $17.8 million in the prior-year period.
• Ingles Markets reports that its fiscal third-quarter net profit rose 43% to $19.7 million, from $13.8 million during the same period a year ago. Net sales for the quarter rose to $738.7 million from $659.2 million, on same-store sales that were up 11.9 percent.
• CVS Caremark Corp. reported second quarter net income of $723.6 million, compared with $337.9 million a year earlier when CVS and Caremark operated as separate entities. Revenue climbed 96% to $20.7 billion, and same-store sales were up 5.7 percent.
• Walgreen Co. said that its July sales rose 11 percent to $4.42 billion, on same-store sales that were up 7.2 percent.
• Procter & Gamble reports this morning that its fourth quarter net income rose 19 percent to $2.27 billion, from $1.9 billion a year earlier. Sales rose eight percent to $19.27 billion from $17.84 billion.
- KC's View:
