•National digital advertising revenue trends improved, increasing 31.9% in Q4. •Declared dividend of $0.16 per share. •Cash balance at December 27, 2015 of $196.7 million. •Announced the acquisition of Journal Media Group, Inc. (JMG), expected to close in Q1 2016; forecast to add approximately $450 million in annual revenues and approximately $60 million in adjusted EBITDA in the first full year. Additional $25 million of synergies targeted for year two. •Achieved over 100 million unique domestic digital visitors. Total digital revenues for the fourth quarter were $165.3 million. Digital-only subscriptions grew 39%. •Announced the integration of Gannett's local and national media brands under the USA TODAY NETWORK brand.
Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.42 billion for the retail month of December, the five weeks ended January 6, 2019, an increase of 7.8 percent from $14.30 billion last year.
For the 18 weeks ended January 6, 2019, the Company reported net sales of $52.99 billion, an increase of 9.5 percent from $48.39 billion during the similar period last year.
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