News

Costco does well in Q4, FY2010

BY Alaric DeArment

ISSAQUAH, Wash. — Costco had a big pickup in sales during fourth quarter 2010 and the fiscal year as a whole, according to an earnings report released Wednesday.

The membership-based mass-merchandise retailer reported fourth-quarter sales of $23.59 billion, an 8% increase over $21.89 billion in last year’s fourth quarter. Sales for the entire fiscal year were $76.25 billion, a 9% increase over $69.89 billion in fiscal year 2009.

Profit for the quarter was $432 million, compared with $374 million in fourth quarter 2009. Profit for the fiscal year was $1.3 billion, compared with $1.09 billion in fiscal year 2009.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Rx plan from Walmart, Humana arrives

BY Drug Store News Team

BENTONVILLE, Ark. Shortly after Walmart and Humana announced that they would offer a Medicare Part D prescription drug program to customers, signage in Walmart stores popped up.

 

Co-branded as the Humana Walmart-Preferred Rx Plan, the program involves a $14.80 monthly premium that is less than half the weighted 2010 national average, generic drug co-payments as low as $2 at Walmart pharmacies and no co-payments for select generics filled via Humana’s RightSource home-delivery service. Humana and Walmart said the program has the potential to save Medicare Part D enrollees as much as $450 annually.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Hartz keeps dogs, owners happy with new biscuits

BY Allison Cerra

SECAUCUS, N.J. Hartz is looking to keep tails wagging with a new addition to its Crunch ‘n Clean line of dog biscuits.

New Hartz Crunch ‘n Clean Savory Flavors dog biscuits are available in three salivating flavors — braised beef, rotisserie chicken and smokehouse bacon — and contain breath-freshening crystals and DentaShield technology to prevent tartar buildup. The biscuits also include such important vitamins and minerals as iron, choline, zinc, vitamins B12 and D3, riboflavin, thiamin and niacin to promote overall health.

Hartz Crunch ‘n Clean Savory Flavors dog biscuits come in a 26-oz. package for a suggested retail price of $3.49, and are available at such retailers as Walmart, Target and Kroger.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES