Costco Wholesale Corporation announced its operating results for the first quarter (twelve weeks) of fiscal 2022, ended November 21, 2021. Net sales for the first quarter increased 16.7 percent, to $49.42 billion from $42.35 billion last year. Net income for the quarter was $1,324 million, $2.98 per diluted share, compared to $1,166 million, $2.62 per diluted share, last year. This year included a tax benefit of $91 million, $0.21 per diluted share, related to stock-based compensation, and a write-off of certain information technology assets of $118 million pre-tax, $0.20 per diluted share. Last year included tax benefits of $145 million, $0.33 per diluted share, and incremental expenses for COVID-19 premium wages of $212 million pre-tax, $0.35 per diluted share.
Following its acquisition of NWEA earlier this year, learning technology company HMH today announced an important first step for the combined organization. NWEA’s flagship assessment MAP Growth will now be used for automatic placement into HMH’s best-in-class connected solutions Read 180, Math 180 and Waggle to further enhance personalized learning.
Customers using NWEA MAP Growth with HMH Waggle will benefit from placement into Waggle’s CODiE-award winning gamified personalized learning. The Read 180 and Math 180 student applications, trusted and effective intervention programs built on decades of research, will use MAP Growth data to place students into Tier 2 and Tier 3 intervention. This offers educators a powerful new option to deepen student learning through more targeted placement based on refined data.
“Connecting MAP Growth Data and HMH solutions is an important milestone as we look to a future that combines NWEA’s powerful insights with HMH’s engaging instruction in a way that supports positive outcomes for kids,” said Chris Minnich, President of NWEA. “We are confident that this connection will pave the way for deeper student learning and support teachers as they head back to school this fall.”
more at: https://www.hmhco.com/about-us/press-releases/nweas-map-growth-now-available-for-key-hmh-solutions-making-it-easier-for-educators-to-personalize-learning