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Coming off the busiest season in U.S. history, Vail Resorts reported Wednesday that the current season is starting off even busier at its 37 North American ski areas. Vail Resorts, in an annual early season...
Coming off the busiest season in U.S. history, Vail Resorts reported Wednesday that the current season is starting off even busier at its 37 North American ski areas. Vail Resorts, in an annual early season...
Papa John's, Domino's growth cools with pizza losing COVID boost Anne Riley Moffat, Bloomberg News Sit-down dining isn't gone forever, but delivery is 'here to stay': David Segal VIDEO SIGN OUT Pizza -- the unofficial meal of 2020 for many locked-down consumers -- has finally slowed its meteoric rise. Papa Johnâs International Inc. and Dominoâs Pizza Inc. on Thursday both reported same-store sales growth that missed estimates in the U.S. Although the two chains both logged increases, the rate of growth is slowing as indoor dining resumes across the country. Domestic company...
Costco Wholesale Corp. reported better than expected sales results for December as online shopping soared. The warehouse chain reported net sales of $19.14 billion for the five-week period ending Jan. 3, up 12.3% from a year earlier. Comparable sales, a closely watched performance metric that looks at sales at warehouse-club locations open for more than a year, rose 10.7%. Excluding the impact from gasoline sales and currency swings, core comparable sales rose 10.9%. Analysts surveyed by Consensus Metrix expected a 10.1% comparable-sales increase, or 11.2% when adjusted for gas sales and cu...
IN THE SPOTLIGHT: FEDEX FedEx, the world’s leading express delivery company, is expected to report a profit of $3.93 in the second quarter, down from the previous $4.87. The company has a decent earnings history as its bottom line outshined the consensus mark in two of the trailing four quarters and missed the same in the remaining two. The average beat is 37.7%, according to Zacks Investment Research. The continued surge in e-commerce demand during the current coronavirus-ravaged times is likely to have boosted revenues in the to-be-reported quarter. With the pandemic largely restricting p...