Tag Archives: same-club sales

Weather Knocks Walmart Q1

Walmart

BENTONVILLE, Ark.-The severe winter weather of early this year proved to be a major factor in the 5 percent drop in Walmart’s net income for the first-quarter ending April 30, which totaled $3.6 billion. In a conference call from Walmart’s management discussing the results this morning, Doug McMillon, Walmart’s president and CEO, said the “disruptive”More »

Last updated: May 15, 2014

Costco Q1 Sales Pick Up 5 Percent

Costco

ISSAQUAH, Wash.-Costco said its sales for the first quarter ending on Nov. 24 rose 5 percent over its first quarter of last year, to $24.5 billion, according to a preliminary report from the warehouse-club retailer. The company also said sales for the 13 weeks ending on Dec. 1 were $26.8 billion, up 6 percent fromMore »

Last updated: December 5, 2013