In announcing fourth quarter financial results, Rodney McMullen, Kroger chairman and CEO, also defended the merger that the company is pursuing with Albertsons Cos., saying it will be good for households in the United States and for employees as well. Company net...
Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...
Dillard’s came out ahead of Wall Street expectations despite lower comparable sales amid sluggish consumer demand. Net income was $250.5 million, or $15.44 per diluted share, versus $289.2 million, or $16.89 per diluted share, in the year-earlier quarter. Net...
A day after announcing executive changes, Beyond posted a loss larger than an analyst estimate on revenues exceeding the forecast as new leadership noted the company continues a strategic review of non-core operations. Net loss was $161 million, or $3.55 per diluted...
Fiscal 2023 was a year of moderation for Home Depot, the company reported, but the company ended it with a Wall Street fourth-quarter beat and entered 2024 better positioned to push key strategies. Net earnings were $2.8 billion, or $2.82 per diluted share, versus...
