Financial News

Target’s Q2 reports strong profits, sales increases

Target reported second-quarter earnings that beat analysts’ estimates, with sales increases across all its merchandise categories.
Walmart reports better-than-expected Q2 earnings

Walmart’s total revenues rose 2.4% to $141.04 billion, net sales increased 5.3% and e-commerce net sales growth cooled in the quarter, rising 6%.
Survey reports shopping on TikTok picking up steam

According to a recent survey by Bazaarvoice’s Influenster, shopping via TikTok, Twitter and Pinterest has increased dramatically in the past 12 months.
Costco reports same-store sales growth in July

The warehouse club retailer’s net sales rose 16.6% to $15.21 billion for the four weeks ended Aug. 1, up from $13.04 billion in the year-ago period.
Publix carries sales momentum into Q2

Publix’s sales rose 3.9% to $11.8 billion and comparable store sales increased 2.3%.
Amazon reports strong Q2 earnings

Amazon blew past analysts’ second-quarter earnings expectations but its sales — and third-quarter forecast — missed the mark.
Shoppers show preference towards in-store grocery pickup

According to the latest Brick Meets Click/Mercatus Grocery Shopping Survey, the U.S. online grocery market generated $6.8 billion in sales during June 2021.
Costco reports strong June sales

Costco’s winning streak continued in June, with the retailer reporting a 16.9% year-over-year increase in sales and strong e-commerce growth.

Kroger’s Q2 beats expectations