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Walmart Prices Will Rise Within Weeks As Trump Tariffs Drive Up Costs: Will Other Retailers Follow Suit?
Friday, May 16, 2025 - 12:47pm | 495Walmart, Inc. (NYSE:WMT) CEO Doug McMillon told analysts on the company’s earnings call on Thursday that the retailer will be raising prices on some items as a direct result of ongoing tariffs imposed by the Trump administration. Despite a recent reduction in some tariff rates, McMillon said...
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Costco Q1 Earnings: Can Bullish Momentum Beat The Overbought Blues?
Thursday, December 12, 2024 - 2:30pm | 476Costco Wholesale Corporation (NYSE:COST) will be reporting its first-quarter earnings on Thursday. Wall Street expects $3.79 in EPS and $62.08 billion in revenues as the company reports after market hours. The stock is up 58.01% over the past year, 53.50% YTD. Let’s look at what the charts...
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Costco Q4 Earnings: Revenue Miss, EPS Beat, Comps Climb 5.4%, Shares Slide
Thursday, September 26, 2024 - 4:52pm | 366Costco Wholesale Corp (NASDAQ:COST) reported fourth-quarter financial results after the market close on Thursday. Here’s a look at the key numbers from the quarter. Q4 Earnings: Costco reported fourth-quarter revenue of $79.697 billion, missing the consensus estimate of $79.973...
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Sprouts Farmers Market Stock Is Up On Q2 Results, Strong Q3 Guidance
Monday, July 29, 2024 - 4:53pm | 278Sprouts Farmers Market, Inc. (NASDAQ:SFM) shares are up after the company reported its second-quarter financial results Monday. Here's a look at the key figures from the report. The Details: Sprouts Farmers Market reported quarterly earnings of 91 cents per share, beating the 78-cent estimate, and...
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Mark Cuban's Pharmacy Company Lands Deal With Top 10 US Retailer: Here Are The Details
Wednesday, July 19, 2023 - 6:36pm | 468Since launching the Mark Cuban Cost Plus Drug Company in 2022, entrepreneur and NBA team owner Mark Cuban has been on a mission to lower the cost of medicines for consumers. What Happened: Cuban started by tackling the market for generic drugs first, then over time began partnering with...
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Why Costco Looks Like It's Going To Breakout Soon
Friday, March 4, 2022 - 1:55pm | 371Costco Wholesale Corporation (NASDAQ: COST) shares are trading lower Friday, continuing to fall after reporting second-quarter earnings results on Thursday. EPS was reported at $2.92, beating the $2.73 estimate. Sales came in at $51.9 billion, beating the estimate of $51.37 billion. The...
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Albertsons CEO: Changing Consumer Habits Are Positive For Grocer
Tuesday, January 12, 2021 - 5:39pm | 357Consumers are spending more time working and eating from home during the COVID-19 pandemic, and these shifts in habits are here to stay, Albertsons Companies Inc. (NYSE: ACI) CEO Vivek Sankaran said on CNBC's "Squawk on the Street" hours after the company reported third-...
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Grocery Store Supply Chain Shocked
Friday, March 13, 2020 - 4:24pm | 342On today's episode, Dooner and special guest co-host Michael Vincent are talking about the very visible impact the coronavirus is having on our nation's supply chain. As life as we know it changes in the USA, consumers are seeing bare grocery store shelves, tanking oil rates, escalating spot rates...
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A Glimpse Of Amazon's First Full-Size Grocery Store With No Checkout Cash
Tuesday, February 25, 2020 - 11:57am | 403Amazon.com, Inc.'s (NASDAQ: AMZN) vision of creating the future of grocery stores with no checkout lanes became a reality Tuesday. What To Know Amazon's quest to build a grocery store with no checkout lane dates back five years; on Tuesday, its first full-size grocery store opened in the...
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Bernstein Says Kroger Offers Reasonable Returns In Competitive Sector: 'We All Have To Eat Somehow'
Friday, March 9, 2018 - 1:07pm | 424The grocery store space remains "fiercely competitive," and investors willing to accept a "reasonable" rate of return may want to consider the industry giant Kroger Co (NYSE: KR), according to Bernstein. The Analyst Bernstein's Brandon Fletcher initiated coverage of Kroger...
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Bananas, Eggs, Salmon And Kale Among The Many Items Now Cheaper At Whole Foods
Monday, August 28, 2017 - 1:32pm | 439Consumers walking into a Whole Foods Market, Inc. (NASDAQ: WFM) store will begin to see quite a few changes, as Amazon.com, Inc. (NASDAQ: AMZN)'s ownership of the grocery store was completed Monday. Many everyday food items are now selling at cheaper price points, CNBC reported. For example,...
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Whole Foods Shakes Up Its Board, Calls In The 'A-Team'
Thursday, May 11, 2017 - 1:08pm | 340Whole Foods Market, Inc. (NASDAQ: WFM)'s changes to its executive team and 2020 guidance is receiving a mixed reaction from Wall Street. Analysts at Credit Suisse argued that Whole Foods' new changes aren't perfect but good enough to help the stock. Analysts at Deutsche Bank are taking...