by Mike Duff | May 27, 2022 | Retail Articles
Even as it tried to mitigate price increases for members necessitated by inflationary pressures, Costco continued to produce earnings and comparable store gains in the third quarter. Company net income was $1.35 billion, or $3.04 per diluted share, versus $1.22...
by Mike Duff | May 26, 2022 | Retail Articles
Macy’s posted solid gains in the first quarter beating analyst sales and earnings estimates and posting double-digit comparable sales gains. Macy’s posted a first-quarter net income of $286 million, or 98 cents per diluted share, versus $103 million, or 32 cents per...
by Mike Duff | May 26, 2022 | Retail Articles
Pottery Barn and West Elm led Williams-Sonoma to a strong performance in the first quarter with each posting double-digit comparable sales. Net earnings were $254.1 million, or $3.50 per diluted share, versus $227.8 million, or $2.90 per diluted share, in the quarter...
by Mike Duff | May 23, 2022 | Retail Articles
In the first quarter, coop Ace Hardware reported inflation impacted financial results as it pushed an average ticket gain and, with it, comparable sales. Ace also announced that it had once again earned J.D. Power’s highest ranking for customer satisfaction...
by Mike Duff | May 20, 2022 | Retail Articles
Sales at Ross Stores slid as the first fiscal quarter progressed leading to a comp decline and earnings shortfall. First-quarter net earnings were $338.4 million, or 97 cents per diluted share, versus $476.5 million, or $1.34 per diluted share, in the period a year...
