A petition with nearly 15,000 supporters is urging Walmart to bring Cosmopolitan magazine back to its checkout aisles, after a conservative group won its fight last month to get the publication away from those lanes in its 5,000 stores nationwide. “Cosmopoliton [sic] is a magazine for women — primarily staffed by women,” petition author Rebecca Gerber wrote. “The articles include empowering advice on money, careers, relationships, politics, fashion, activism — and yes, sex. Consensual sex. These are not subjects that women should made to feel ashamed to read,” she continued. “By publicly pulling Cosmo from checkout aisles, Walmart is telling women and girls that their sexuality is something to be embarassed of, that their interest in their own sexual education is obscene — and that their bodies and choice of clothing could be the cause of any harassment they receive.” NCOSE had previously stated that Walmart’s removal of Cosmo from checkout lines “is an incremental but significant step toward creating a culture where women and girls are valued as whole persons, rather than as sexual objects.” Click Read More below for additional information.
Third Quarter Highlights
*Delivered sales of $4.2 billion, up 6.7%, or 8.7% on a daily, constant currency basis
*Generated operating earnings of $667 million, up 10.7%, with operating margin of 15.9%, up 60 basis points
*Achieved diluted EPS of $9.43, an increase of 14.1%
*Produced $523 million in operating cash flow and returned $287 million to Grainger shareholders through dividends and share repurchases
*Narrowing full-year 2023 total Company guidance, including an updated outlook for daily sales growth between 8.5% to 9.5% and diluted EPS of $36.00 to $36.60
Grainger (NYSE: GWW) today reported results for the third quarter of 2023 with sales of $4.2 billion, up 6.7%, or 8.7% on a daily, constant currency basis, and diluted EPS of $9.43, up 14.1% compared to the third quarter of 2022.
“The team continues to drive value for customers and serve them well amidst a reasonably steady demand environment. By executing on our strategy, we saw additional share gain and continued profitability leading to another quarter of strong performance,” said D.G. Macpherson, Chairman and CEO. “As we look to the final quarter of 2023, we remain focused on providing a flawless experience for customers and positioning the business for long-term, profitable growth.”
details at: https://invest.grainger.com/investor-news/news-details/2023/GRAINGER-REPORTS-RESULTS-FOR-THE-THIRD-QUARTER-2023/default.aspx