Lowe’s Cos. earnings and comparable store sales for its third quarter slipped as demand in big ticket do-it-yourself sales remained soft, but the company still managed to top Wall Street estimates. Net earnings were $1.7 billion, or $2.99 per diluted share, versus...
Walmart reported sales of general merchandise, including home products, propelled a strong third quarter and market share gains for the company, which topped Wall Street sales and earnings estimates for the quarter. Walmart net earnings were $4.58 billion, or 57 cents...
Walmart’s Black Friday Deals event runs from Monday, November 25, through Cyber Monday, December 2. It will spotlight deals on home merchandise, including small appliances and kitchenware. Beginning at noon on November 25, Walmart+ members will get exclusive...
The U.S. End-Of-Year Holiday Season Forecast by market researcher Forrester predicts total holiday retail sales in 2024 to top $1 trillion, up 3.7% from the 2023 total and with digital sales gains bolstering the estimated overall growth. Forrester defines holiday...
The Census Bureau data, according to National Retail Federation chief economist Jack Kleinhenz, demonstrates retail sales grew solidly the past two months based on the capacity for U.S. households to spend and the strength of the economy. October core retail sales —...
