Financial News

According to Publix, the additional week in Q4 of 2022 increased sales by 8.1% and comparable-store sales for that quarter increased by 12.4%.

Fourth-quarter sales at Target were up slightly with strength in key categories such as food and beverage, beauty and household essentials.

Despite continued market share gains in sales of both consumable and non-consumable products, same-store sales for the fourth quarter increased by 5.7%.

The company reported total revenue of $164.0 billion, an increase of 7.3%, or 7.9% in constant currency.

Retail sales in January were up 1.5% from December and increased 4.8% year-over-year, according to the National Retail Federation.

The retail conglomerate reported that group net sales increased by 8.1% at constant exchange rates and up 15.9% at actual exchange rates.

Outside of the United States and Canada, Suave will continue to be operated by Unilever, the companies shared.

U.S. retail sales rose 8.8% year-over-year in January, according to Mastercard SpendingPulse.

CVS Health’s fourth quarter revenues increased to $83.8 billion up 9.5% compared to the prior year.

CVS Health's acquisition of primary care provider Oak Street Health could be announced this week.

As part of P&G Beauty, Mielle Organics will operate as an independent subsidiary of the company.

For the first quarter, sales decreased 1.5% year-over-year to $33.4 billion, while adjusted EPS decreased 30.8% to $1.16, down 29.9% on a constant currency basis.