For the quarter, WBA’s sales grew by 12.1% year over year to $34 billion and its earnings per share were $1.27, compared with a loss of $2.05 per share a year ago.
The company delivered against Wall Street estimates on earnings — posting a net loss of 24 cents per share — but fell short on revenue, even as it rose 2.2% year over year to $6.16 billion.
Kroger launched 253 new items under its Our Brands line and reported digital sales growth of 16% and overall sales totaling $41.3 billion in the first quarter.
According to a new survey from Shopkick, 83% of respondents report feeling financially secure and ready to put their budgets toward non-essential purchases.
E. & J. Gallo Winery is acquiring more than 30 brands from Constellation including Arbor Mist, Black Box, Clos du Bois, Estancia, Franciscan and Hogue among others.
