COSTCO

H-E-B, Costco and Amazon are the three retailers with customer value propositions best built for long-term success, according to Dunnhumby’s 6th annual Retailer Preference Index for U.S. Grocery.

Costco reported that net sales for the quarter increased 15.2% to $70.76 billion, from $61.44 billion last year.

The membership warehouse club has revealed that its net sales climbed 15.3% to top $70.8 billion and shoppers rang up $222.7 billion in net sales, a 15.9% increase from fiscal 2021.

The wholesaler’s quarterly revenue rose to $51.9 billion.

Costco named executive Ron Vachris as its president and chief operating officer, effective Feb. 2, according to a report.

Costco reported January net sales of $15.76 billion, an increase of 15.5% from $13.64 billion in 2021.

Costco reported net sales of $22.24 billion for the five weeks ended Jan. 2, 2022, an increase of 16.2% from $19.14 billion last year.

Costco reported Q1 results with earnings, revenue and comparable sales that beat analysts despite ongoing supply chain disruptions and inflation pressures.

The first panel of DSN’s annual Industry Issues Summit highlighted how a laser focus on patients can drive improved outcomes.

Costco’s September sales increased 15.8% to $19.50 billion, same-store sales increased 14.3%, and online sales rose 10.6%.

The retailer reported that its fourth-quarter net sales rose 17.5% to $61.44 billion, just topping estimates of $61.41 billion, compared to $53.38 billion last year.

The warehouse club retailer’s net sales rose 16.6% to $15.21 billion for the four weeks ended Aug. 1, up from $13.04 billion in the year-ago period.