In a tough fourth quarter, Big Lots missed a Wall Street earnings estimate as supply chain, the COVID-19 Omicron variant and weather pressured financial results, according to the company. Big Lots posted a net income of $49.8 million, or $1.63 per diluted share,...
Ross Stores surpassed $5 billion in sales in the fourth quarter, although earnings slipped versus fiscal 2019 while still beating a Wall Street estimate. Net earnings for the quarter were $366.8 million, or $1.04 per diluted share, versus $238 million, or 67 cents per...
The fourth quarter saw Target Corp. post earnings that beat a Wall Street estimate although revenues fell short despite strong comparable sales. For the quarter, net earnings were $1.54 billion, or $3.21 per diluted share, versus, $1.38 billion, or $2.73 per diluted...
Even as it released its fourth-quarter financials, Aaron’s Co. announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. for $230 million in cash. The transaction, the purchaser stated, would deliver Aaron’s more than $3...
Despite solid comparable-store sales, TJX Cos. fell short of Wall Street sales and earnings expectations in its fourth quarter. For the fiscal 2022 fourth quarter ended January 29, the TJX posted net income of $940.2 million, or 78 cents per diluted share, versus...