Costco Wholesale Corp

Dollar General and Dollar Tree storesGetty ImagesTwo activist investment firms are calling on Dollar General and Dollar Tree shareholders to approve a pair of resolutions aiming to improve worker safety and wages, the firms said Tuesday. Dollar General Proposal 7, led by Domini Impact Investments, calls for an independent audit into worker safety and wellbeing. It will be voted on during the company's annual shareholder meeting on May 31. Dollar Tree Proposal 7, led by United Church Funds, calls for the creation of a…

About 21% of Target's annual sales come from the food and beverage category, but its grocery aisles have taken on added importance as shoppers buy fewer discretionary items.Melissa Repko | CNBCFor many Americans, a trip to Target brings to mind a shopping cart filled with throw pillows, makeup or a cute outfit.The retailer wants more customers to think of it when checking off the grocery list, too.related investing newsOnly 21% of Target's annual sales came from food and beverage in the most recent fiscal year, according…

A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey.Eduardo Munoz Alvarez | APFor some shoppers who already struggle to cover grocery bills, the budget is getting tighter.This month, pandemic-related emergency funding from the Supplemental Nutrition Assistance Program, formerly known as food stamps, is ending in most states, leaving many low-income families with less to spend on food.More than 41 million Americans receive funding for food through the federal program. For those households,…

A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.Mark Makela | Getty ImagesThe U.S. economy may not be in a recession, but it feels like it in a lot of stores across the nation.Take Kroger, for instance. Inflation-pinched customers are downloading more coupons, cooking meals at home and switching to lower-priced private label brands to save money, the grocery giant's CEO, Rodney McMullen, told CNBC's…

Shoppers stock up on merchandise at a Sam's Club store in Streamwood, Illinois. Scott Olson | Getty ImagesWalmart-owned Sam's Club on Thursday said it will open more than 30 new stores in the U.S., marking its most aggressive expansion in years.The warehouse club's next store is expected to open in Florida in 2024. Sam's Club also plans to open five fulfillment and distribution centers this year, with the first of those opening in Georgia.CEO Kath McLay said the retailer wants to reach more customers, after sharp gains in…

A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.Justin Sullivan | Getty Images News | Getty ImagesCheck out the companies making headlines before the bell:Netflix — The streaming stock jumped more than 6% after Netflix reported its latest quarterly results. While Netflix missed earnings expectations, it added more subscribers than analysts were forecasting. The firm also announced…

Check out the companies making headlines in midday trading.Netflix – Shares of Netflix jumped 6.3% after the company's per-share earnings came short of analysts' expectations. Nevertheless, the latest quarterly results showed the streaming service added millions more subscribers in the quarter than Wall Street anticipated. The company also announced that co-CEO Reed Hastings would step down from the role.Nordstrom – Nordstrom shares fell 6.5% after the company cut its annual profit forecast for its fiscal year following…

Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016.Roslan Rahman | AFP | Getty ImagesCheck out the companies making headlines in premarket trading.World Wrestling Entertainment — Shares advanced 9.7% after Vince McMahon elected himself executive chairman of the company despite retiring last year due to a sexual misconduct scandal.Bed Bath & Beyond — The retailer…

Club holding Costco Wholesale (COST) delivered strong sales growth in December, demonstrating the retailer's ability to consistently attract customers despite gathering economic headwinds. For the 5 weeks ended Jan. 1, Costco's net sales increased 7% year-over year, to $23.8 billion, the company reported Thursday. Total comparable sales, which excludes the impact of fluctuations in gasoline prices and foreign exchange, increased 7.3% in December, ahead of Wall Street's expectations for 5.7% growth. Shares of Costco soared…

Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for the potential risks of novel coronavirus in Honolulu, Hawaii, U.S. February 28, 2020.Courtesy of Duane Tanouye via REUTERSCheck out the companies making headlines in midday trading.World Wrestling Entertainment — The wrestling entertainment stock surged 21% after WWE announced that founder Vince McMahon is returning to its…