by Mike Duff | Nov 22, 2022 | Retail Articles
Consumers are looking to stretch budgets and Dollar Tree was a beneficiary in the third quarter as the company made changes to management, pricing and store standards to make it more competitive. Net income was $266.9 million, or $1.20 per diluted share, versus...
by Mike Duff | Nov 22, 2022 | Retail Articles
In reporting fiscal first-quarter sales, Tuesday Morning’s new CEO Andrew Berger, who replaced a retiring Fred Hand, faced a double-digit comparable sales decline and deeper losses. The company posted a net loss of $28.2 million, or 29 cents per diluted share,...
by Mike Duff | Nov 15, 2022 | Retail Articles
Home Depot recorded third-quarter sales and earnings that topped Wall Street estimates as its recent momentum continued. In the quarter, net earnings were $4.34 billion, or $4.24 per diluted share, versus $4.13 billion, or $3.92 per diluted share, in the fiscal 2021...
by Mike Duff | Nov 15, 2022 | Featured News, Retail Articles
Walmart’s third quarter net earnings took a hit because of equity investment charges related to JD.com and an opioid lawsuit settlement, but adjusted earnings per share and revenues beat Wall Street estimates. Consolidated net loss was $1.8 billion, or 66 cents per...
by Mike Duff | Nov 2, 2022 | Retail Articles
Container Store made adjustments and advanced store and holiday initiatives in the second quarter even as macroeconomic challenges pressured results. As it announced its financial results, the company announced a new architecture for its offering of custom spaces and...
