Costco Wholesale Corporation Election of New Chairman

Summary: *Total Company net sales decreased 11.6 percent and GMV decreased 11.9 percent compared with the same period in fiscal 2022. The wind-down of Canadian operations had a negative impact on total Company net sales of 175 basis points. The first quarter of 2023 included one month of sales from Canadian operations, compared with a full quarter of sales from Canadian operations in the first quarter of 2022. *Gross profit, as a percentage of net sales, of 33.8 percent increased 110 basis points compared with the same period in fiscal 2022, reflecting the Company's focus on increasing inventory productivity. *Ending inventory decreased 7.8 percent compared with the same period in fiscal 2022, versus an 11.6 percent decrease in sales. *Loss before interest and tax was $259 million in the first quarter of 2023, compared with earnings before interest and tax ("EBIT") of $73 million during the same period in fiscal 2022.

L Brands, Inc. reported net sales of $853.9 million for the four-week period ended March 3, 2018, compared to net sales of $765.5 million for the four-week period ended Feb. 25, 2017. Comparable sales for the four weeks ended March 3, 2018, increased 3 percent compared to the four weeks ended March 4, 2017. The company has authorized a new $250 million share repurchase program, which includes the remaining $23.1 million outstanding under the previous program.

Many parents around the United States are sending their children back to school soon — in person and full time. Students and teachers, who may not have seen one another in months, will face several challenges related to the coronavirus pandemic, such as learning loss and economic disparities. The good news? Paper can help. Research is mixed on the effects of the pandemic on students, but in a poll of 1,000 public school educators conducted by the Horace Mann Educators Corporation, 97 percent of teachers reported seeing some learning loss in their students during the past year compared to previous years. Data from McKinsey in December 2020 noted that students of color were about three to five months behind in learning due to lower access to technology, the internet and in-person learning support. Reading and math are two paper-intensive subjects that typically require access to textbooks, library books and/or notebook paper. Paper can help bridge the divide in learning achievement caused by the pandemic and related economic challenges. click read more for the rest of the article