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Earnings Report

Walgreens pharmacy business drives profit, sales beat

Walgreens, which has been focusing on its pharmacy business in the face of falling retail sales, added more than 20 million members through its partnership with pharmacy benefit managers such as Minnesota-based Prime Therapeutics.

H&M Q1 profits slump on lower prices and markdowns

Swedish low-cost fashion brand Hennes & Mauritz AB says its first-quarter profit plummeted 44 percent after it was forced to cut prices and make markdowns due to higher than expected garment inventories.

Sears posts profit due to tax benefit, shares rise

Sears Holdings said a key sales figure fell during the important holiday shopping season, but the struggling department store operator posted a profit for the quarter, mainly due to a tax benefit.