Financial News

The company announced a definitive agreement to acquire Hero’s acne care products, including the Hero Mighty Patch brand, for $630 million.

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.

Amorepacific has entered into a definitive agreement to acquire Tata Harper.

WBA's partnership with CareCentrix extends care capabilities into the home to create a connected ecosystem for patients, the company said.

The beauty powerhouse reported that its net income increased 17.8% to $295.7 million and net sales jumped 16.8% to $2.3 billion.

Dollar General raised its full-year sales outlook, as it withstood inflation challenges and economic uncertainty.

According to the National Retail Federation, retail sales in July edged up 0.8% from June 2022 and were up 7.1% unadjusted year-over-year.

The retailer reported net earnings of $183 million in the second quarter of fiscal 2022, down a whopping 90% from $1.82 billion in the same quarter a year earlier.

According to the latest Brick Meets Click/Mercatus Grocery Shopping Survey, high prices helped propel a 17% increase in e-commerce grocery sales in July.

Publix’s sales were $12.9 billion for the first three months ending June 25, 2022, a 9.3% increase from $11.8 billion in 2021.

The retailer provided a business update revising its profit outlook for the second quarter and full fiscal year, primarily due to pricing actions aimed at improving inventory levels at Walmart and Sam’s Club.

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