- Wal-Mart Stores Inc. reported a 4.6 percent gain in April same-store sales, up from 3.3 percent a year ago. Net sales for the four-week period ended May 2 reached $18.6 billion, up 12.2 percent from the same period last year.
Whole Foods Market Inc. reported that net income in the quarter ended April 13 rose to $25.6 million, from $20.2 million a year ago. Quarterly sales increased 16 percent to $725 million.
- Costco Wholesale Corp. posted an April same store sales increase of six percent, on total sales for the four weeks ended May 4 that were up 10 percent to $3.14 billion from $2.84 billion a year ago.
For the first 35 weeks of its 2003 fiscal year, the company reported net sales of $27.47 billion, an increase of 9 percent from $25.20 billion during the comparable period of the prior fiscal year.
- Nash Finch Co. announced that it will not meet the deadline to file its first-quarter report, but will be able to file quarterly reports for the third quarter of 2002, the first quarter of 2003 and its 2002 annual report by May 15.
- PriceSmart, Inc. announced that net sales increased 10 percent to $54.9 million for the month of April, up from $50.1 million a year ago. Same store sales were up 3.6 percent.
For the eight months ended April 30, 2003, net sales increased 11 percent to $461.1 million from $417.2 million in the same period last year.
