Costco profit beats forecast
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Wholesale retailer shares jump on news profit beat expectations by 4 cents a share, sales up 11%. NEW YORK  - Costco Wholesale Corp.
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Kroger Co. , the largest U.S. grocery chain, posted a higher quarterly profit on Tuesday, as remodeled stores and improved perishable goods attracted shoppers.
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Costco Wholesale Corp. , the  largest U.S. warehouse club operator, on Wednesday posted  lower-than-expected quarterly profit, hurt by higher taxes and  soaring oil prices that pressured margins at its gas stations.
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Kroger Co. KR.N, the top U.S.  grocer, on Tuesday reported that quarterly profit edged up as  it kept a tight rein on expenses and sales rebounded.
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The Kroger Company, the nationâs biggest supermarket chain, said fourth-quarter profit rose more than analysts had anticipated as discounts spurred sales.
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The company said first-quarter profit rose 55 percent, beating Wall Streetâs expectations, as lofty crop prices stoked global demand for its agricultural equipment.
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Stock index futures indicated a  slightly higher market open on Thursday after Costco Wholesale  Corp.  posted stronger-than-expected sales in one of  the first monthly reports from the struggling retail sector.
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Diversified manufacturer Tyco  International Ltd  reported higher quarterly profit on  Tuesday on demand from energy and industrial markets and an  improving performance at its ADT security division.
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Sears reported profit that trailed analystsâ estimates while earnings at Costco Wholesale fell 4.9 percent on the cost of a new return policy.
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Natural gas producer and pipeline company Williams Cos. Inc.  posted better-than-expected quarterly profit on Thursday as higher margins for natural gas liquids offset weaker gas prices.
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ISSAQUAH, Wash. -- Discount retailing giant Costco Wholesale Corp. said Thursday that profits grew 21 percent in its fiscal first quarter, thanks to higher sales and more revenue from membership fees.
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EMC Corp , the No. 1 maker of corporate data storage equipment, reported quarterly profit that beat Wall Street forecasts and boosted a stock buyback on Thursday.
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Wal-Mart Stores Inc  said on Tuesday quarterly profit rose after penny-pinching U.S. shoppers scoured its discount stores for low prices on necessities like food and laundry detergent.
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Costco Wholesale Corp.  on  Thursday said its quarterly profit fell, hurt by charges for  expensing stock options.
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Consumer electronics retailer Best Buy Co  reported a better-than-expected 52 percent jump in quarterly profit on Tuesday and raised its full-year earnings forecast.
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Costco Wholesale Corp.  posted a 10 percent rise in quarterly profit on Thursday, but said it would take a $70 million charge in the second quarter related to company stock options.
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The company's fourth-quarter earnings beat analyst expectations.