Financial News

As the company nears the first anniversary of its Aetna acquisition, solid results from all of its business segments led to a raised and increased earnings guidance for its full fiscal year.

New World Natural Brands announced that it has acquired 18.21 Man Made.

Shiseido Americas has signed a definitive agreement to acquire Drunk Elephant, which was founded in 2012 by Tiffany Masterson.

Rite Aid reported a net loss of $78.7 million, or $1.48 per share, and adjusted net income of $6.3 million, or 12 cents per share.

Ulta Beauty announced plans to open 80 new stores and reported that its net sales rose 12%, while its same-store sales did not meet estimates of a 6.6% rise.

Hershey has entered into a definitive agreement to acquire One Brands for a purchase price of $397 million.

Dollar General reported a sales increase of 8.4% during its second-quarter performance and also appointed Jeffery C. Owen as COO.

Target reported that during its second-quarter revenue increased by 3.6%, same-store sales rose by 3.4% and net income rose to $938 million.