Quarterly Results, Retailer | featured news

Wal-Mart's quarterly profit rises 10%

Wal-Mart's quarterly profit rises 10%

Wal-Mart Stores Inc. says its first-quarter net income rose 10 percent as the world's largest retailer benefited from cost-cutting.

 

Costco's Net Profit Rises 25%

The top warehouse-style retailer in the U.S. said net profit climbed in the fiscal second-quarter as it posted higher sales, driven by international operations.

 

Quarterly results from Target, Saks beat Wall Street

Retailers Target Corp and Saks Inc posted better-than-expected quarterly results on Tuesday as they clamped down on expenses and inventory to offset falling sales, sending shares higher.

 

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