by Mike Duff | Feb 24, 2023 | Retail Articles
As it reported fourth-quarter and full-year financial results, which beat a Wall Street earnings estimate despite being down year over year, Rent-A-Center announced it was changing its corporate name to Upbound Group, with its banners retaining their identities. Net...
by Mike Duff | Feb 23, 2023 | Retail Articles
In preliminary financial results for the fourth quarter and fiscal year, Dollar General Corp. announced it expects to report results below the expectations provided on its conference call on December 1, when the company released its third-quarter results. Despite...
by Mike Duff | Feb 22, 2023 | Featured News, Retail Articles
The TJX Cos. net income topped $1 billion in the fourth quarter, although HomeGoods posted negative year-over comparable store sales against strong 2021 results when consumers were emerging from pandemic stay-at-home mandates. Net income was $1.04 billion, or 89 cents...
by Mike Duff | Feb 21, 2023 | Retail Articles
Despite flat comparable store sales, Dillard’s drove earnings higher in Q4. Net income for the quarter was $289.2 million, or $16.89 per share, versus $321.2 million, or $16.61 per share, in the year-previous quarter, the company reported. A Yahoo-published analyst...
by Mike Duff | Feb 21, 2023 | Retail Articles
Home Depot posted net earnings in its fourth quarter that beat Wall Street estimates despite a slight year-over-year decline in comparable sales. The retailer also announced a major investment in employee development and compensation. Net earnings for the fourth...
