Walgreens (NASDAQ: WBA) had a 13.6% rise in revenue but a 54.5% drop in net income for Q2 2016 YoY. Diluted EPS also fell 56% to $0.85 from $1.93 the same quarter the past year. Revenue was up across all three business segments following the full integration Alliance Boots into the company. US retail pharmacy sales were up 2.1%, retail pharmacy international were up 80.2%, and pharmaceutical wholesale were up 45.6%.
Darden's (NYSE: DRI) revenue rose 6.7% while net income fell 20.9 % for Q3 2016 YoY. Diluted EPS declined 21.9% to $0.82 from $1.05 YoY. Strong Sales in all restaurant brands—i.e. Olive Garden, LongHorn Steakhouse, Capital Grille, Eddie V’s, Yard House, Seasons 52 and Bahama Breeze—drove the revenue growth while higher interest payments and rising expenses drove down net income. Same-restaurant sales rose 6.2% YoY.
Constellation Brands (NYSE: STZ) posted an 8.3% and a 25.7% rise in revenue and net income, respectively for 2016. Diluted earnings per share increased 24.2% to $5.18 from $4.17 the past year. The growth was driven by higher beers sales (grew 22%) and wine sales (up 8%) and checked by lower spirit sales (down 4%). Beer shipment volume increased 11.3% primarily because of growing demand for craft beer, while wine and spirits shipment volume grew 3.3%.
CarMax (NYSE: KMX) reported a revenue and net income increase of 6.2% and 4.4%, respectively, for 2016. Diluted EPS grew 11% to $3.03 from $2.73 the previous year. Greater unit sales and higher average selling prices drove the revenue growth. Used car revenues were up 6.6%, wholesale vehicle revenues rose 6.8% while other revenues (plan revenues and finance fees) went down 4.2%. Comparable-store-used-vehicle sales rose 2.4 % for the year.
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