Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...
Speculation is swirling around Big Lots after Bloomberg reported that the company might seek bankruptcy protection. Bloomberg added that, as a bankruptcy alternative, Big Lots is simultaneously seeking new investors, citing a source familiar with the search. Bloomberg...
Lower sales in hair appliances and prestige hair care products combined with lower replenishment of home and outdoor items to impact Helen of Troy results in its first quarter. Helen of Troy develops and markets personal care appliances, home environment appliances,...
Dollar Tree nearly matched a first analyst consensus estimate in the first quarter, with earnings slightly above. While announcing its financial results, the company stated it was conducting a strategic review of its Family Dollar operation. Net income was $300.1...
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
