Abbott (NYSE: ABT) today announced its fourth-quarter financial results for the period ended December 31, 2020.
Net earnings for the fourth quarter was $2.16 billion, or $1.20 per share, compared to net earnings of $1.04 billion, or $0.59 per share in the fourth quarter of 2019.
Total net sales increased 28.7% to $10.7 billion.
Abbott shares inched up 1% during the pre-market hours following the earnings announcement.
Like other leading store operators, Costco Wholesale Corporation (NASDAQ: COST) went into overdrive when people stockpiled on essential items after coronavirus threw normal life out of gear in early 2020.
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Warehouse chain Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2021. The results also topped expectations. Fourth-quarter net sales grew 17.5% annually to