by Mike Duff | Oct 7, 2022 | Retail Articles
Costco reported solid gains in September with minimal impacts from Hurricane Ian. Comparable sales against September 2021, excluding fuel and foreign exchange effects, gained 8% in the United States, 9.6% in Canada, 11% in other international markets and 8.6%, Costco...
by Mike Duff | Sep 30, 2022 | Retail Articles
The second quarter saw Rite Aid losses increase and sales come up short of last year’s period, although a bit ahead of Wall Street projections. For the quarter, the company reported a net loss of $331.3 million, or $6.07 per diluted share, versus a net loss of $100.3...
by Mike Duff | Sep 29, 2022 | Featured News, Retail Articles
Bed Bath & Beyond missed Wall Street estimates for the second quarter as sales slid and losses mounted. Net loss was $366.2 million, or $4.59 per diluted share, versus a net loss of $73.2 million, or 72 cents per share, in the year-before quarter. Adjusted for...
by Mike Duff | Sep 23, 2022 | Retail Articles
In the fourth quarter, Costco posted double-digit company comps as earnings and total sales beat an analyst estimate. The company reported that net income for the fourth quarter was $1.87 billion, or $4.20 per diluted share, versus $1.67 billion, or $3.76 per diluted...
by Mike Duff | Aug 31, 2022 | Retail Articles
Best Buy second-quarter sales and earnings slipped — although not as much and Wall Street expected — as it struggled against headwinds and comparisons. Net earnings in the quarter were $306 million, or $1.35 per diluted share, the company reported, versus $734...
