Direct retail sales at Wayfair gained 39% in the first quarter year over year, but losses increased as well, with the deficit growing from $200.4 million, or $2.20 per diluted share, from $107.8 million, or $1.22 per diluted share in the previous first quarter.
First quarter financial results indicate that its fresh approach to retail and health care, including the company’s Aetna acquisition, is making gains, said Larry Menlo, CVS Health Corp. president and CEO.
Tractor Supply Company rolled through a strong first quarter ended March 30, 2019, with solid comparable store and seasonal sales growth.
Walgreens Boots Alliance generated a solid first quarter while launching a cost management program that will look to save more than $1 billion.
As it advances its merger with Rite Aid, Albertsons posted a first quarter net loss of $17.7 million versus a net loss of $204.9 million in the year-prior period.
As Rite Aid prepares for its pending merger with supermarket operator Albertsons, the drug store chain posted a net loss in the first quarter.
At the company’s annual meeting today, June 29, Bed Bath & Beyond executives emphasized the company’s commitment to develop omnichannel capacities to meet its goals of being the consumers’ expert advisor on the home as they go through their various life phases and “heart-felt” life events.