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Financial News

Financial news and information in retail pharmacies.

Walgreens Boots Alliance Q2 sees solid U.S. script growth

Despite a nearly 4% increase in sales and solid U.S. retail pharmacy performance, Walgreens Boots Alliance posted a decrease in net earnings and earnings per share for the quarter ended Feb. 29.

Kroger shares big gains in March sales, maintains Q1 guidance

Kroger maintained its first-quarter guidance and reported a 30% increase in March same-store sales.

Ulta Beauty is looking to leverage its digital and e-commerce platforms to help drive sales during the temporary store closures.

The retailer said it has not determined the number of shares of common stock it will offer, nor did it offer a price range.

Walmart will reportedly purchase products by category rather than by channel, according to CNBC.

Bed Bath & Beyond announced a restructuring plan that includes a reorganization and simplification of field operations, as well as a significant reduction in management positions.

Kroger reported that its net income rose 26% to $327 million and sales increased to $28.9 billion from $28.3 billion last year.

Ulta Beauty reported a net sales increase of 8.5% and a rise of operating income of 5.5% to $901.1 million.

During the fiscal year, Dollar General’s sales rose 7.6%, net sales increased by 8.3%, and the company reported plans to open 1,000 locations and relocate 80 existing stores.

Costco reported stronger earnings and sales than analysts had expected as shoppers stock up on goods in light of the coronavirus outbreak.

Amazon Go Grocery, which debuted in Seattle, uses the same walk Out cashier-less technology like Amazon Go stores.

According to a new survey of 2019 holiday shoppers from goTRG, younger consumers returned the most items.

Disappointing sales of toys, electronics and home goods made for a somewhat mixed fourth quarter for Target.

Publix’s fourth-quarter results reported sales of $9.8 billion — a 5.1% increase from the $9.3 billion reported in 2018.

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