Sales

UK Retailer Asda Says It Returned To Profit In FY 2023

Asda said it returned to a pretax profit in its 2023 financial year, even though it lost market share to rivals over the period.

Walgreens Announces US Store Closures, Cuts Profit Forecast

Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and announced store closures, citing challenging pharmacy industry trends and a worse-than...

General Mills Posts Bigger-Than-Expected Drop In Quarterly Sales

General Mills has posted a bigger-than-expected drop in quarterly sales as cash-strapped consumers cut back on its higher-margin products and turned to che...

UK Retail Sales Rebound In May But Shoppers Still Cautious

British retail sales jumped sharply last month after heavy rain kept shoppers away in April, official figures showed, in a minor boost for Prime Minister R...

Kroger Beats First-Quarter Estimates On Steady Grocery Demand

Kroger beat Wall Street estimates for quarterly same-store sales and profit, benefiting from more customers thronging its outlets for lower-priced grocerie...

Oetker Group Reports 6.3% Sales Growth In FY 2023

Oetker Group has reported a 6.3% increase in sales to exceed €6.9 billion in its financial year 2023 marked by market disruptions.

Dollarama Posts Higher Quarterly Sales, Raises Stake In Dollarcity

Dollarama posted an increase in first-quarter sales and profit, as more Canadians shopped at its stores for affordable groceries and essentials.

JM Smucker Beats Quarterly Profit Estimates On Price Hikes

Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit, helped by higher prices of condiments and frozen food as well as...