For the 31 weeks ended April 3, Costco reported sales of $68.96 billion, which marks a gain of 3% over its $67.59 billion in sales during the same span of time last year.
For the fiscal year ended Feb. 27, 2016, Rite Aid had revenues of $30.7 billion compared to revenues of $26.5 billion in the prior year, an increase of $4.2 billion or 15.9%.
Prescriptions filled in comparable stores increased 2.8% over the same quarter last year, driven by growth in Medicare Part D prescriptions, while a weak cough, cold and flu season had a negative impact of approximately 30 basis points.
Nimbus Apollo’s development program includes a lead candidate for an ACC inhibitor to treat the liver disease non-alcoholic steatohepatitis (NASH), which affects up to 15 million people in the U.S.
Retailers prowling for growth potential in men’s grooming are directing their focus to skin care.
Fred’s has reported its Q4 and FY2015 earnings, as well as the news that board chairman Michael Hayes would be stepping down, to be replaced with longtime director Thomas Tashjian.
Weis Markets' same-store sales increase for the 52 weeks ended Dec. 27 were 3.7%.
Alvogen is looking to build its U.S. business, acquiring a Wis.-based specialty generics company.
The company said its total revenues for the period ended Feb. 14, which included the holidays, increased 2.6% to $28.2 billion.
In the United States, Ahold grew sales excluding gas by 4.1%, adjusted for an additional week.