by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
Kohl’s reported third-quarter results that beat earnings and revenue expectations, and the retailer’s independent chairman, Peter Boneparth, discussed qualities the company is seeking in a new CEO after Michelle Gass’ announced departure....
by Mike Duff | Nov 16, 2022 | Retail Articles
Strong consumer and pro sales helped propel Lowe’s Cos. to better-than-anticipated third-quarter results. For the quarter, Lowe’s recorded net earnings of $154 million, or 25 cents per diluted share, versus $1.9 billion, or $2.73 per diluted share, for the...
by Mike Duff | Nov 15, 2022 | Featured News, Retail Articles
Walmart’s third quarter net earnings took a hit because of equity investment charges related to JD.com and an opioid lawsuit settlement, but adjusted earnings per share and revenues beat Wall Street estimates. Consolidated net loss was $1.8 billion, or 66 cents per...
by Mike Duff | Nov 14, 2022 | Featured News, Retail Articles
Walmart and Target will announce their quarterly results this week, and Placer.ai has released an analysis that provides some insight into how their stores have performed during the most recent quarter and what their prospects might be for the fiscal year’s...
by Mike Duff | Nov 11, 2022 | Retail Articles
Sally Beauty sales and profits slipped in its fourth quarter, but the company beat a Wall Street earnings-per-share estimate as the company continues closing stores. Net earnings in the fourth quarter were $21.3 million, or 20 cents per diluted share, versus $68.1...