• Wal-Mart Stores reported August sales that were up 9.3 percent from a year ago to $28.22 billion, on total same-store sales that were up 3.1 percent. The company said that Sam’s Club same-store sales for the period were up 5.2 percent, while its Wal-Mart stores were up 2.8 percent.
• Financially troubled Krispy Kreme Doughnuts did nothing during the last fiscal quarter to change its image, posting a loss of $27.04 million, compared to a loss of $4.57 million during the same period a year ago. Q2 revenue fell 7.5 percent to $104.1 million from $112.5 million a year earlier.
• Campbell Soup reported that its Q4 earnings were up 39 percent from a year ago, to $61 million compared to $44 million. Revenue rose to $1.59 billion from $1.45 billion in the same period in 2006.
• Rite Aid has posted August sales of $2.51 billion, up 52.9 percent compared to the same month a year ago, an increase that it said was helped by the acquisition of the Brooks and Eckerd chains. Same-store sales were up just one percent.
• Financially troubled Krispy Kreme Doughnuts did nothing during the last fiscal quarter to change its image, posting a loss of $27.04 million, compared to a loss of $4.57 million during the same period a year ago. Q2 revenue fell 7.5 percent to $104.1 million from $112.5 million a year earlier.
• Campbell Soup reported that its Q4 earnings were up 39 percent from a year ago, to $61 million compared to $44 million. Revenue rose to $1.59 billion from $1.45 billion in the same period in 2006.
• Rite Aid has posted August sales of $2.51 billion, up 52.9 percent compared to the same month a year ago, an increase that it said was helped by the acquisition of the Brooks and Eckerd chains. Same-store sales were up just one percent.
- KC's View:
