In the first quarter, Lowe’s Cos. saw its comparable sales turn down in the consumer business but gain substantially on a two-year basis. The company posted net earnings of $2.33 billion, or $3.51 per diluted share, versus $2.32 billion, or $3.21 per diluted...
Sales and earnings at The TJX Corp. gained year over year but only earnings surpassed Wall Street estimates in the first quarter as HomeGoods comparable sales slipped based primarily, the company stated, on difficult comparisons. Net income was $587.5 million, or 49...
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
For the first quarter of fiscal 2022, The Home Depot reported net earnings of $4.23 billion, or $4.09 per diluted share, versus $4.15 billion, or $3.86 per diluted share, in the year-previous period. A Yahoo Finance-published analyst consensus estimate called for...
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
