Costco Wholesale Corp. attracted more shoppers last quarter, easing concerns of analysts and investors, even as food deflation and industrywide discounting squeezed sales at the largest U.S. warehouse chain.
Similar Stories to Costco Sales Climb 2 Percent As Store Traffic Rebounds on Bing News
Shannon Pettypiece, Bloomberg, Houston Chronicle: Business
Thu, 12/08/2016 - 1:12pm
BING NEWS:
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While fellow quick-service chains are searching for answers around traffic, Wingstop is setting records in customer acquisition. The chain’s same-store sales skyrocketed 21.6 percent in Q1, virtually ...
05/1/2024 - 1:00 pm | View Link - DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
DoorDash has reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand.
05/1/2024 - 11:39 am | View Link - Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.
04/30/2024 - 12:37 pm | View Link - Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2
Starbucks lowered expectations for its full-year sales and profit after a disastrous quarter that saw a slowdown in store visits across the world.
04/30/2024 - 12:32 pm | View Link - Starbucks sales and traffic took a big hit last quarter
The Seattle-based coffee shop giant said that its performance in its second quarter “did not meet our expectations” amid a “highly ...
04/30/2024 - 10:58 am | View Link - More
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