by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
by Mike Duff | Aug 16, 2023 | Featured News, Retail Articles
The TJX Cos. posted better-than-expected financial results in the second quarter as its home product business rebounded. Net income was $989 million, or 85 cents per diluted share, versus $810 million, or 69 cents per diluted share, in the quarter a year before, the...
by Mike Duff | Aug 8, 2023 | Retail Articles, Tableware
Pottery Barn and Pottery Barn Kids have launched a new Julia Berolzheimer collection for fall that includes vintage designs for indoor/outdoor living, as well as entertaining, nursery, children’s decor, textiles and furniture. The latest collection is an expansion of...
by Mike Duff | Aug 4, 2023 | Retail Articles
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
by Mike Duff | Aug 3, 2023 | Retail Articles
With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
