Costco Wholesale Corporation Reports March Sales Results

Revenues were $2.57 billion in the quarter, down 8.1 percent or 6.4 percent in constant currency. Post sale revenue was 79 percent of total revenue. Second-quarter adjusted operating margin was 13.3 percent, up 0.4 percentage points from the same quarter a year ago. Xerox generated operating cash flow of $343 million from continuing operations during the second quarter and ended the period with a cash balance of $1.25 billion. The company returned $68 million in dividends to shareholders. Click Read More below for additional details.

The horrible situation that airlines are in is having quite an impact for many suppliers. For example, American Airlines’ nut supplier has a huge surplus, and is selling them directly to consumers. Inflight magazines are in an equally rough situation. They’re typically run by third parties, and rely on advertisers to pay the bills. With the number of travelers way down, circulation of these magazines is also way down. Well, it looks like United Airlines and INK Publishing have a creative solution for this… Well, Hemispheres magazine is making a comeback in August, but it won’t be available on United Airlines flights. As reported by Ramsey Qubein, United Airlines will be making its inflight magazine an elite perk, known as “Hemi at Home.” US-based United Global Services, Premier 1K, and Premier Platinum members, will start receiving copies of Hemispheres magazine at their mailing address on file.

Pre®Brands, purveyors of the world's best grass-fed beef, has launched an e-commerce store to sell its premium, hand-trimmed 100% grass-fed and finished steaks and ground beef to eager consumers across America. Pre®prides itself in maintaining the highest quality standards for all of its products, in order to bring discerning shoppers the best beef nature provides. And consumers have noticed – since its start in 2015, Pre®has been America's fastest growing beef brand*. Two years later, Pre®'s expanding in-store retail presence, largely in the Midwest, hasn't kept up with burgeoning national consumer demand – a need e-commerce will help meet. Pre® can now be purchased online at www.eatpre.com. Click Read More below for additional information.