by Mike Duff | Nov 24, 2021 | Retail Articles
Nordstrom earnings fell short of a Wall Street earnings estimate but beat a revenue forecast in its third quarter. Net earnings were $64 million, or 39 cents per diluted share, versus net earnings of $53 million, or 34 cents per diluted share, in the year-before...
by Mike Duff | Nov 24, 2021 | Featured News, Retail Articles
Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. Third-quarter net income was $13.6 million, or 20 cents per diluted share, versus $8 million, or 12 cents...
by Mike Duff | Nov 23, 2021 | Retail Articles
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
by Mike Duff | Nov 23, 2021 | Retail Articles
At a time when it is shaking up its basic proposition to consumers, Dollar Tree reported in announcing its third-quarter results that it is making progress on key initiatives, including the addition of $1.25 pricepoints in all core Dollar Tree-bannered stores as it...
by Mike Duff | Nov 22, 2021 | Featured News, Retail Articles
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...