Financial News

U.S. District Court for District of Columbia denies temporary restraining order against Albertsons’ special dividend payment
This order, which restrains the company from paying the Special Dividend, remains in effect until Nov. 10, 2022, unless within that time, an order is entered extending or dismissing the temporary restraining order.
Local brands’ value proposition buoy Ahold Delhaize’s Q3 sales, earnings
Comparable store sales excluding gas increased 7.9% in Q3, with an acceleration in growth rates in both the United States and Europe to 8.2% and 7.4%, respectively.

Peace Out Skincare receives $20M investment

The investment from 5th Century Partners will be used by the brand to help fund its ambitions, domestic and global expansions and new product innovations.
Gen Z utilizing social media for holiday shopping

According to a survey by SimplicityDX, 80% of respondents plan to use social media to find holiday gifts this year, with 41% planning to use it for most or all of their holiday shopping.
CVS reports strong Q3, raises full-year guidance

Growth across all segments brought CVS Health’s Q3 revenues to $81.2 billion, an increase of 10% compared to the prior year period.
IQVIA's Long sizes up pharmacy trends in DSN webinar

Doug Long discussed where we are with COVID-19, cough, cold and flu, and RSV, medical claims, telehealth, channels of trade, generics, biosimilars and opioids.
State attorney generals asking Albertsons to delay $4B stockholder payout

Several attorney generals sent a letter to the CEOs of Albertsons and Kroger demanding that Albertsons delay a $4 billion payout to stockholders.
Revlon’s common stock delisted from New York Stock Exchange

The New York Stock Exchange Regulatory Oversight Committee decided to delist Revlon’s common stock.
Consumers are spending more, buying less

According to a report by Incisiv, digital grocery sales rose 14.4% in the third quarter, but the average shopper basket contained five to six fewer items than at the same time in 2021.
Costco reports strong Q4, fiscal year 2022 results

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

U.S. District Court for District of Columbia denies temporary restraining order against Albertsons’ special dividend payment

Local brands’ value proposition buoy Ahold Delhaize’s Q3 sales, earnings

Peace Out Skincare receives $20M investment

Gen Z utilizing social media for holiday shopping

CVS reports strong Q3, raises full-year guidance

IQVIA's Long sizes up pharmacy trends in DSN webinar

State attorney generals asking Albertsons to delay $4B stockholder payout

Revlon’s common stock delisted from New York Stock Exchange

Consumers are spending more, buying less

Costco reports strong Q4, fiscal year 2022 results