The top line of Williams-Sonoma, Inc. suffered in the second quarter when it came to comps, but earnings beat expectations as sales shifted across home categories. Net earnings were $201.5 million, or $3.12 per diluted share, versus $267.1 million, or $3.87 per...
Despite lower earnings and comparable sales, Kohl’s beat Wall Street estimates for the second quarter, and the company looks forward to growth with home goods as an important contributor. Net income was $58 million, or 52 cents per diluted share, versus $143 million,...
Macy’s surpassed expectations in the second quarter even as sales and earnings declined and it turned its attention to holiday gift opportunities. In addition to the financial results, Macy’s has announced the locations of four new small-format locations scheduled to...
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
