by Mike Duff | Mar 13, 2024 | Retail Articles
Although the fourth quarter wasn’t smooth sailing for the company, Williams-Sonoma beat Wall Street earnings and revenue forecasts. Net earnings for the final quarter were $354.4 million, or $5.44 per diluted share, versus $355 million, or $5.28 per diluted share, in...
by Mike Duff | Mar 8, 2024 | Retail Articles
Burlington Stores beat Wall Street fourth-quarter earnings and revenue estimates. Net income was $227.5 million, or $3.53 per diluted share on a 14-week basis versus $185.2 million, or $2.83 per diluted share for the 13-week quarter in the year past. Adjusted net...
by Mike Duff | Mar 8, 2024 | Retail Articles
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...
by Mike Duff | Mar 6, 2024 | Retail Articles
For the fourth quarter, Ross Stores beat Wall Street earnings and sales forecasts as comparable sales gained substantially. Net earnings for the 14-week fourth quarter were $609.7 million, or $1.82 per diluted share, versus $447 million, or $1.31 per diluted share, in...
by Mike Duff | Feb 27, 2024 | Retail Articles
As it reported fourth-quarter financial results that exceeded Wall Street expectations, Macy’s is launching a new strategy dubbed “A Bold New Chapter” to improve financial and operational performance, including 150 planned store closings over three years....
