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Beyond Meat Expands Club Store Distribution with BJ's Wholesale and Sam's Club
Beyond Meat is working to increase accessibility to plant-based meat through the development of new sales channels, including club and convenience stores. The company, which offers an 8-pack of its flagship Beyond Burger, first broke into the club channel last year at Costco. This summer, Beyond Meat added partnerships with BJ’s Wholesale and Sam’s Club, unlocking partnerships with three major club stores.
“Having entered all national conventional retailers in the US, we looked for where the white space existed and club stores were the next logical step towards increasing accessibility to plant-based meat among mainstream consumers,” said Chuck Muth, Chief Growth Officer, Beyond Meat. “By offering the Beyond Burger in a larger format, we’re able to provide value to consumers and a more accessible entry point for...
Costco Reports Financial Results for Third Quarter
Costco Wholesale Corporation announced its operating results for the third quarter (12 weeks) and the first 36 weeks of fiscal 2020, ended May 10, 2020.
Net sales for the quarter increased 7.3 percent, to $36.45 billion from $33.96 billion last year. Net sales for the first 36 weeks increased 7.8 percent, to $110.94 billion from $102.90 billion last year.
Reported net income for the third quarter was $838 million, or $1.89 per share, which was negatively impacted by $283 million pretax, or 47 cents per diluted share, from incremental wage and...
BJ’s Wholesale Club Announces Record First Quarter Fiscal 2020 Results
BJ’s Wholesale Club Holdings, Inc. announced its financial results for the thirteen weeks ended May 2, 2020.
“Our top priority remains the health and safety of our members and team members during this challenging time and I am deeply thankful for the contributions of our dedicated team members this past quarter,” said Lee Delaney, President and Chief Executive Officer, BJ’s Wholesale Club. "While the coronavirus pandemic increased demand for our services, our team's hard work and the capabilities we have built over the last four years have enabled us to...
Costco Reports November and First Quarter Fiscal Year 2020 Sales Results
Costco Wholesale Corporation reported net sales of $13.62 billion for the retail month of November, the four weeks ended December 1, 2019, an increase of 6.7 percent from $12.77 billion last year.
For the twelve-week first quarter ended November 24, 2019, the Company reported net sales of $36.24 billion, an increase of 5.6 percent from $34.31 billion last year.
For the thirteen weeks ended December 1, 2019, the Company reported net sales of $39.95 billion, an increase of 6.3 percent from...
BJ’s Wholesale Club Holdings, Inc. Announces Third Quarter Fiscal 2019 Results
BJ’s Wholesale Club Holdings, Inc. today announced its financial results for the thirteen and thirty-nine weeks ended November 2, 2019.
“We delivered solid margin improvement and continued earnings growth in the third quarter ” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We remain focused on executing against our strategic plan and transforming our business to be well positioned for the long-term. The board's decision to authorize a stock repurchase program reflects...
BJ’s Wholesale Club Announces Second Quarter Fiscal 2019 Results
BJ’s Wholesale Club Holdings, Inc., today announced its financial results for the thirteen and twenty-six weeks ended August 3, 2019.
“Second quarter results for sales and earnings were in line with our expectations,” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We delivered improved margins and continued to grow earnings as we executed against our strategic priorities. Our sales were particularly strong in the second half of the quarter as weather improved, and we ended with strong momentum. We are confident that we will deliver on our full-year expectations as we continue to...
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