by Mike Duff | Oct 15, 2021 | Retail Articles
For the fiscal year and fourth quarter 2021, Walgreens Boots Alliance has announced financial results that included a beat on Wall Street sales and earnings predictions, and it revealed a new corporate strategy. The company also announced a new consumer-centered...
by Mike Duff | Oct 1, 2021 | Featured News, Retail Articles
Bed Bath & Beyond showed a loss in the second quarter as COVID-19 and marketing missteps hurt it as well as supply chain and cost issues. The company posted a net loss of $73.2 million, or 72 cents per diluted share, versus net income of $217.9 million, or $1.75...
by Mike Duff | Sep 24, 2021 | Retail Articles
Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...
by Mike Duff | Sep 24, 2021 | Retail Articles
Costco Wholesale Corp. clubs in the U.S. posted double-digit comparable sales gains in the fourth quarter as e-commerce sales growth slowed with consumers returning to in-person shopping, while at the same time beating a Wall Street estimate on earnings. As it moves...
by Mike Duff | Aug 27, 2021 | Retail Articles
Big Lots lapped a big one-time benefit in a slightly disappointing second quarter, but the retailer still demonstrated that it’s a growing concern, particularly in home-related merchandise. The company posted net income of $37.7 million, or $1.09 per diluted share,...
