Financials

Walmart

Analyst: Walmart issues ‘warning shot’ to CPGs on pricing

Retail giant is taking aim at “persistently high levels of packaged food inflation,” CFRA Research’s Arun Sundaram says.

Retailers

Costco posts lackluster U.S., e-commerce comp sales in May

Grocery remains bright spot as nonfood sales, especially big-ticket items, continue to lag.

Aisle 1: In the past week, both Dollar Tree and Dollar General have warned that their shoppers are struggling. If deep discounters are feeling the stress, other retailers need to pay attention, writes WGB Editor-in-Chief Heather Lalley.

Progress in strategic plan comes amid “challenging macro dynamics,” CEO Tony Sarsam said.

The discounter’s stock price fell nearly 20% Thursday following a challenging first quarter earnings report that revealed mounting consumer pressure.

Growth in traffic and membership attest to the strength of the retailer's value proposition, CFO Richard Galanti said in announcing the wholesale club's third quarter earnings.

Online sales decrease for third consecutive quarter, while net earnings dip year over year.

Increased theft and the ongoing mix shift to lower-margin food and beverages are negatively affecting the discounter’s bottom line, the parent of Dollar Tree and Family Dollar reported.

Same-store sales grew 5.7% at the membership club from a year ago, with membership fee income up more than 6%.

Aisle 1: The retail giant continues to grab food-and-beverage market share, but the trend is putting pressure on its margins, writes WGB Editor-in-Chief Heather Lalley.

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