by Mike Duff | Mar 6, 2024 | Retail Articles
For the fourth quarter, Ross Stores beat Wall Street earnings and sales forecasts as comparable sales gained substantially. Net earnings for the 14-week fourth quarter were $609.7 million, or $1.82 per diluted share, versus $447 million, or $1.31 per diluted share, in...
by Mike Duff | Mar 4, 2024 | Retail Articles
Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...
by Mike Duff | Feb 27, 2024 | Retail Articles
Dillard’s came out ahead of Wall Street expectations despite lower comparable sales amid sluggish consumer demand. Net income was $250.5 million, or $15.44 per diluted share, versus $289.2 million, or $16.89 per diluted share, in the year-earlier quarter. Net...
by Mike Duff | Feb 27, 2024 | Retail Articles
As it reported fourth-quarter financial results that exceeded Wall Street expectations, Macy’s is launching a new strategy dubbed “A Bold New Chapter” to improve financial and operational performance, including 150 planned store closings over three years....
by Mike Duff | Feb 20, 2024 | Retail Articles
Fiscal 2023 was a year of moderation for Home Depot, the company reported, but the company ended it with a Wall Street fourth-quarter beat and entered 2024 better positioned to push key strategies. Net earnings were $2.8 billion, or $2.82 per diluted share, versus...
