• Ahold announced that its third quarter operating income was $354 million (US), $66 million (US) higher than during the same period a year ago. The company already had reported that its sales for the period were up 1. Percent to $8.4 billion (US).
Stop & Shop/Giant-Landover net sales were up 0.3 percent to $3.7 billion (US), while their same-store sales were up 1.2 percent at Stop & Shop and down 1.8 percent at Giant. At Giant-Carlisle, net sales increased 13.1 percent to $1 billion (US), in part because of the company’s acquisition of Clemens Markets; same-store sales were up 3.7 percent.
• Whole Foods announced that its annual sales for the just-completed fiscal year, which include five weeks of incorporated Wild Oats sales, increased 15.3 percent to $6.6 billion, on same-store sales that were up 7.1 percent. Net income, however, was down 10.3 percent to $183 million, on costs related to the acquisition of Wild Oats.
• Target Corp. said that its third quarter net earnings fell to $483 million, from $506 million during the same period a year ago. Sales grew nine percent to $14.84 billion in the third quarter, from $13.57 billion a year ago, as same-store sales increased 3.7 percent.
• BJ’s Wholesale Club announced that its third quarter net income was $22.7 million, up from $18.3 million during the same period a year ago. Q3 net sales were $2.1 billion, up eight percent from the same period a year ago. Same-store sales were up 3.4 percent.
• Alimentation Couche-Tard reported that its Q2 net profit was $54.2 million (US), down 27 percent from the same period a year ago, which it attributed largely to decreased fuel margins. Q2 revenue rose 26 percent to $3.5 billion (US).
Stop & Shop/Giant-Landover net sales were up 0.3 percent to $3.7 billion (US), while their same-store sales were up 1.2 percent at Stop & Shop and down 1.8 percent at Giant. At Giant-Carlisle, net sales increased 13.1 percent to $1 billion (US), in part because of the company’s acquisition of Clemens Markets; same-store sales were up 3.7 percent.
• Whole Foods announced that its annual sales for the just-completed fiscal year, which include five weeks of incorporated Wild Oats sales, increased 15.3 percent to $6.6 billion, on same-store sales that were up 7.1 percent. Net income, however, was down 10.3 percent to $183 million, on costs related to the acquisition of Wild Oats.
• Target Corp. said that its third quarter net earnings fell to $483 million, from $506 million during the same period a year ago. Sales grew nine percent to $14.84 billion in the third quarter, from $13.57 billion a year ago, as same-store sales increased 3.7 percent.
• BJ’s Wholesale Club announced that its third quarter net income was $22.7 million, up from $18.3 million during the same period a year ago. Q3 net sales were $2.1 billion, up eight percent from the same period a year ago. Same-store sales were up 3.4 percent.
• Alimentation Couche-Tard reported that its Q2 net profit was $54.2 million (US), down 27 percent from the same period a year ago, which it attributed largely to decreased fuel margins. Q2 revenue rose 26 percent to $3.5 billion (US).
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