by Mike Duff | May 27, 2022 | Retail Articles
Even as it tried to mitigate price increases for members necessitated by inflationary pressures, Costco continued to produce earnings and comparable store gains in the third quarter. Company net income was $1.35 billion, or $3.04 per diluted share, versus $1.22...
by Mike Duff | May 26, 2022 | Retail Articles
Macy’s posted solid gains in the first quarter beating analyst sales and earnings estimates and posting double-digit comparable sales gains. Macy’s posted a first-quarter net income of $286 million, or 98 cents per diluted share, versus $103 million, or 32 cents per...
by Mike Duff | May 26, 2022 | Retail Articles
Pottery Barn and West Elm led Williams-Sonoma to a strong performance in the first quarter with each posting double-digit comparable sales. Net earnings were $254.1 million, or $3.50 per diluted share, versus $227.8 million, or $2.90 per diluted share, in the quarter...
by Mike Duff | May 25, 2022 | Home + Housewares
Sales and earnings slipped at Best Buy after the electronics buying binge that occurred during the height of the COVID-19 pandemic. Net earnings in the first quarter were $341 million, or $1.49 per diluted share, versus $595 million, or $2.32 per diluted share, in the...
by Mike Duff | May 20, 2022 | Retail Articles
Although general merchandise sales slipped as consumers spent more on groceries and everyday needs, BJ’s had solid financial gains in the first quarter. Company net income was $112.5 million, or 82 cents per share, versus $81.6 million, or 59 cents per share, in the...
