Latest Sales figures News

Stocks end mostly higher, but still log another losing week

Jan. 14, 2022 17:02 PM EST

A late-afternoon recovery in technology stocks helped erase most of the market's losses Friday, though it wasn't enough to keep major indexes from posting their second straight losing week. The S&P 500 eked out a 0.1% gain in the final minutes of trading after having been down...

Honda exec: High auto prices may drop, but not dramatically

Jan. 13, 2022 09:19 AM EST

DETROIT (AP) — Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it's starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year's numbers. The company...

Vaccinations, tests give Walgreens a fiscal 1Q sales jolt

Jan. 06, 2022 10:38 AM EST

COVID-19 vaccines and testing boosted Walgreens store sales growth to levels not seen in more than two decades, pushing the drugstore chain well above Wall Street expectations for the first quarter. Walgreens doled out 15.6 million vaccines in the quarter that ended November 30, up...

New auto sales up in 2021, but long way before full recovery

Jan. 04, 2022 18:50 PM EST

DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020′s dismal numbers, but were still about 2 million below the years before the coronavirus pandemic. The reason? Although there are plenty of customers who want to buy new vehicles at hefty prices, there...

Despite supply issues and omicron, holiday sales rise 8.5%

Dec. 26, 2021 16:40 PM EST

Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure. Mastercard SpendingPulse, which tracks all kinds of payments...

Best Buy shares tumble on theft, supply constraints

Nov. 23, 2021 11:50 AM EST

NEW YORK (AP) — Best Buy Co.'s shares tumbled Tuesday after the nation's largest consumer electronics chain posted a decline in gross profit margin for the fiscal third quarter, citing organized theft and increased promotions compared to a year ago. The company also...

Macy's, Kohl's post strong results heading into holidays

Nov. 18, 2021 12:55 PM EST

NEW YORK (AP) — Department store chains Macy's and Kohl's delivered strong results for the fiscal third quarter as shoppers go back to buying dresses and other goods that fell to the bottom of the shopping list when the pandemic struck. Macy's and Kohl's swung to a...

Target tames global supply backups; sales surge 13.2% in Q3

Nov. 17, 2021 19:12 PM EST

NEW YORK (AP) — Target delivered another strong quarter, overcoming a slew of challenges, from inflationary pressures to congested ports. The Minneapolis-based company reported Wednesday that its third-quarter profits rose nearly 47%, while sales increased 13.2%, both...

Honda lowers profit, vehicle sales forecast over chip crunch

Nov. 05, 2021 03:59 AM EDT

TOKYO (AP) — Japanese automaker Honda lowered its profit and vehicle sales forecasts for the fiscal year, pointing Friday to shortages of computer chips and rising material costs. Honda Motor Co. recorded a 31% drop in its fiscal second quarter profit, to 166.6 billion...

Starbucks posts record quarterly sales thanks to US business

Oct. 28, 2021 19:09 PM EDT

Starbucks on Thursday reported record quarterly sales thanks to its robust U.S. business that helped make up for weakness in China and other markets. The Seattle coffee giant said its U.S. same-store sales — or sales at locations open at least a year — jumped 22% in...