by Mike Duff | Mar 20, 2023 | Retail Articles
Consumers expect to spend about $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to an annual survey conducted by the National Retail Federation and Prosper Insights & Analytics....
by Mike Duff | Mar 16, 2023 | Featured News, Retail Articles
Williams-Sonoma, conceding a difficult fourth quarter, still managed to make some headway in the period and fiscal year, with the last frame beating a Wall Street earnings estimate even as revenues came up short. Net earnings were $355 million, or $5.28 per diluted...
by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
by Mike Duff | Mar 9, 2023 | Retail Articles
The fourth quarter was a good one for BJ’s with comparable sales up solidly and earnings gaining more than enough to beat a Wall Street estimate. Net income was $129.8 million, or 95 cents per diluted share, versus $107.6 million, or 78 cents per diluted share, in the...
by Mike Duff | Mar 8, 2023 | Retail Articles
Costco beat a Wall Street earnings estimate for its second quarter, but revenues fell short as e-commerce slipped based on softness in big-ticket discretionary items even with overall comparable sales increasing. Net income for the quarter was $1.47 billion, or $3.30...
