Discount retailer Family Dollar posted a better-than-expected profit jump during the fourth quarter as it continues to lure budget-conscious shoppers into its stores. The company also announced plans to purchase $750 million of…
Drugstore chain Walgreen Co. (WAG) posted earnings of 49 cents per diluted share for the quarter, compared with 44 cents per share a year ago.
Sales for the quarter rose 7.4% to $16.9 billion in the quarter ended Aug. 31, the company said in a statem…
Pharmacy giant Walgreen’s earnings are expected to be flat year-over-year, while Family Dollar Stores and electronics manufacturer Jabil Circuit are expected to post earnings gains.
Continue reading Week in Pre…
KB Home (KBH) reported a quarterly loss of 2 cents per share, compared with 87 cents per share a year earlier.
Revenue was $501 million in the quarter ended Aug. 31, the company said in a statement. That’s a 9% increase from a year earlier.
The company incurred $3.3 million of inventory impairment of land option contract abandonment charges in the quarter, compared with $47.7…
Continue reading KB Home Posts Narrower Earnings Loss
KB Home Posts Narrower Earnings Loss originally appeared on DailyFinance on Fri, 24 Sep 2010 08:45:00.
Filed Under: Company News, Earnings, Real Estate, Credit
Rite Aid Corporation (RAD) announced a quarterly loss of 23 cents per diluted share, compared to a loss of 14 cents per share a year earlier, thanks to refinancing costs and falling revenues.
Revenue for the quarter ending Aug. 28 was $6.2 billion, compared with $6.3 billion a year earlier, the company said in a statement. Same store sales fell 1.5%.
The net loss included a charge…
Continue reading Rite Aid Earnings Highlight Another Rough Quarter
Rite Aid Earnings Highlight Another Rough Quarter originally appeared on DailyFinance on Thu, 23 Sep 2010 08:16:00.
Filed Under: Company News, Economy, Health Care, Retail