Costco Wholesale is Among the Companies in the Hypermarkets & Super Centers Industry With the Highest Sales per Share (COST, WMT, PSMT) - comcast.net
Jun 07, 2012 (Fast Lane via COMTEX News Network) -- Below are the three companies in the Hypermarkets & Super Centers industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.Costco Wholesale (NASDAQ:COST) is highest with sales per share of $218.67. Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries. The Company sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, as well as other goods. Thus far today, Costco Wholesale has traded 739,000 shares, vs. average volume of 2.5 million shares per day. The stock has underperformed the Dow (0.5% to the Dow's 0.6%) and outperformed the S&P 500 (0.5% to the S&P's 0.3%) during today's trading.
Following is Wal-Mart Stores (NYSE:WMT) with sales per share of $132.60. Finishing up the top three is Pricesmart (NASDAQ:PSMT), with sales per share of $64.62. ---------------------------------------------------------------------------------------------
Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.
Copyright, Comtex News Network, Inc. 2012
Decision on shopping centre deferred over size concerns - Cambridge News
Designs for a shopping centre at Orchard Park are "disappointing" and must be improved, councillors said.
South Cambridgeshire District Council’s planning committee was recommended to approve the application for seven shops off Chieftain Way at its meeting yesterday, but chose to defer its decision.
Cllr Yemi Macaulay, chairman of Orchard Park Community Council, told members a larger scheme had been approved in 2009, but had never been built, and that decent-sized shops were needed to ensure the development was sustainable.
He said: "This application is for a significantly smaller scheme in an area of Cambridge which is already poorly served by retail.
"It is a real disappointment to residents and the community council remains very concerned about the long-term viability of this smaller local retail centre."
The main convenience store would have been 1,377 sq ft (420 sq m) in size, similar to Iceland in Histon Road, and there would have been six further 229 sq ft (70 sq m) units.
The application also included 140 homes – 28 flats above the shops, 33 houses on either side, and a further 79 homes on the corner of Ringfort Road and Cambridge Road.
Cllr Macaulay said insufficient open space was being provided on site, and argued funds being offered as an alternative were £100,000 short.
Cllr David McCraith, a member of the committee, said: "I would advocate the applicant goes away and talks a little bit more to the community council and comes back with something appropriate for the area."
No comments:
Post a Comment