business news in context, analysis with attitude


  • Wal-Mart Stores said its January sales at stores open at least a year rose 2.3 percent, with total sales for the four-week period ended Jan. 31 reaching $17.39 billion, up 12.9 percent from the same month last year.



  • Stater Bros. announced that sales for the thirteen week first quarter ended December 29, 2002 increased 2.9% to $681.5 million compared to $662.6 million for the thirteen weeks ended December 30, 2001. Like store sales increased 2.3% for the thirteen weeks ended December 29, 2002 over the thirteen weeks ended December 30, 2001. Net income for the first quarter was 2.9 million compared to net income of $3.9 million for the same period a year ago.




  • Costco Wholesale Corp. reported that total sales in the four-week period ended Feb. 2 reached $2.97 billion, compared with $2.73 billion during the same period last year; same-store sales were up five percent.




  • PriceSmart announced that its net sales increased 11% to $50.6 million for the month of January from $45.7 million a year earlier. For the five months ended January 31, 2003, net sales increased 12% to $299.9 million from $268.6 million in the same period last year.

    For the four weeks ended January 26, 2003, comparable warehouse sales for stores open at least 12 full months rose 2.2% compared to the same four-week period last year. For the 21-week period ended January 26, 2003, comparable warehouse sales decreased 1.1% compared to the same period last year.

KC's View: