by Mike Duff | Aug 3, 2022 | Retail Articles
The Container Store reported a comparable sales gain and a Wall Street earnings estimate beat in its first quarter. Consolidated net income was $10.5 million, or 21 cents per diluted share, versus $17.7 million, or 35 cents per diluted share, in the 2021 first...
by Mike Duff | Jul 18, 2022 | Retail Articles
In June and through mid-July, Ross Stores opened 29 locations under its two main banners as it keeps moving toward a planned 100-unit rollout by the end of 2022. The company debuted 21 Ross Dress for Less and eight dd’s Discounts stores across 12 of the United...
by Mike Duff | Jun 16, 2022 | Retail Articles
Strong identical store sales helped propel The Kroger Co. to a Wall Street beat in the first quarter as the company continues expanding its digital operations. Company net earnings were $664 million, or 90 cents per diluted share, versus $140 million, or 18 cents per...
by Mike Duff | Jun 8, 2022 | Retail Articles
In a financial outlook, Tractor Supply Co. stated that it is currently forecasting second-quarter net sales growth of 8% and comparable sales growth of 5% versus the year-prior period as well as diluted earnings per share of $3.48 or greater. If they come in as...
by Mike Duff | Jun 6, 2022 | Retail Articles
Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
