FedEx Corporation (NYSE: FDX) on Wednesday reported financial results for the first quarter of 2024. There was a marked increase in operating margin.
Net income, adjusted for special items, came in at $4.55 per share in the most recent quarter, compared to $3.44 per share in the year-ago period. Unadjusted profit was $1.08 billion or $4.23 per share in the August quarter, vs. $875 million or $3.33 per share in the corresponding period of 2023.
Total revenues were $21.7 billion in the three-month period, compared to $23.2 billion last year. Operating margin increased to 6.8% from 5.1% last year.
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Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales