Categories AlphaGraphs, Earnings, Health Care
JNJ Earnings: All you need to know about Johnson & Johnson’s Q1 2023 earnings results
Johnson & Johnson (NYSE: JNJ) reported its first quarter 2023 earnings results today.
Reported sales increased 5.6% year-over-year to $24.7 billion.
On a GAAP basis, the company reported net loss of $68 million, or $0.03 per share, compared to net income of $5.1 billion, or $1.93 per share, last year. Adjusted EPS was $2.68.
Both revenue and adjusted EPS beat expectations.
For the full year of 2023, the company expects adjusted operational sales to grow 4.5-5.5% year-over-year.
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Ulta Beauty, Inc. (NASDAQ: ULTA) reported net sales of $2.6 billion for the first quarter of 2023, up 12.3% from the same period a year ago. Comparable sales grew 9.3%.
Costco (COST) Q3 2023 earnings drop on weak sales growth
Costco Wholesale Corporation (NASDAQ: COST) on Thursday reported a 2% increase in third-quarter 2023 revenues. However, the warehouse behemoth's earnings declined. Third-quarter revenue increased 1.9% to $53.6 billion from $52.6 billion
Key takeaways from Dollar Tree’s (DLTR) Q1 2023 earnings report
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were down 9% on Thursday after the company delivered mixed results for the first quarter of 2023. The discount retailer missed expectations on