• Costco Wholesale says that its January sales rose 10 percent to $5.62 billion, on US same-store sales that were flat, and international same-store sales that were up nine percent.
• Spartan Stores reports that its third quarter sales were $786.9 million compared with $781.9 million in the same period last year; operating earnings for the quarter were $13.7 million compared with last year’s third-quarter record $17.9 million, which the company said was the result of lower comparable store sales volume and fixed cost leverage, lower fuel and retail margins, and a non-cash store closure charge.
Third-quarter retail net sales increased 15.5 percent to $443.4 million from $384.0 million in the same period last year, on same-store sales that were down six percent. Third-quarter retail operating earnings were $1.9 million compared with $6.8 million in the prior year period.
• Walgreen Co. reports that its January sales grew 2.7 percent to $5.36 billion from $5.22 billion, on same-store sales that were down 1.1 percent.
• Spartan Stores reports that its third quarter sales were $786.9 million compared with $781.9 million in the same period last year; operating earnings for the quarter were $13.7 million compared with last year’s third-quarter record $17.9 million, which the company said was the result of lower comparable store sales volume and fixed cost leverage, lower fuel and retail margins, and a non-cash store closure charge.
Third-quarter retail net sales increased 15.5 percent to $443.4 million from $384.0 million in the same period last year, on same-store sales that were down six percent. Third-quarter retail operating earnings were $1.9 million compared with $6.8 million in the prior year period.
• Walgreen Co. reports that its January sales grew 2.7 percent to $5.36 billion from $5.22 billion, on same-store sales that were down 1.1 percent.
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