-
A lousy time to report good numbers
Target produced another month of solid same-store sales growth in July and had a lot of good things to say about its future prospects. But judging from the action in the company’s share price in the intervening days, it was as if second-quarter earnings per share had come in well short of analysts’ expectations. Target got caught up in the selling free-for-all that occurred on Friday when it appeared the United States was in for a credit rating downgrade followed by a further acceleration on Monday after the downgrade occurred.
-
Sam's awards healthy living with nonprofit support
BENTONVILLE, Ark. — Sam's Club announced that the Y received the most votes in its Giving Made Simple campaign for health-focused nonprofits.
The Y is one of four nonprofits who are benefiting from a Sam's Club total donation of $1.2 million. Each of the nonprofits participating in Giving Made Simple delivers programs that promote nutrition, active lifestyles and health education for all ages, the company reported.