by Mike Duff | Mar 8, 2024 | Retail Articles
Second-quarter sales came up short of Wall Street estimates in Costco’s second quarter, but earnings easily beat forecasts, with strong appliance sales contributing to gains. The company reported that the net income for the quarter was $1.74 billion, or $3.92...
by Mike Duff | Mar 4, 2024 | Retail Articles
Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...
by Mike Duff | Feb 27, 2024 | Retail Articles
Dillard’s came out ahead of Wall Street expectations despite lower comparable sales amid sluggish consumer demand. Net income was $250.5 million, or $15.44 per diluted share, versus $289.2 million, or $16.89 per diluted share, in the year-earlier quarter. Net...
by Mike Duff | Feb 20, 2024 | Retail Articles
Fiscal 2023 was a year of moderation for Home Depot, the company reported, but the company ended it with a Wall Street fourth-quarter beat and entered 2024 better positioned to push key strategies. Net earnings were $2.8 billion, or $2.82 per diluted share, versus...
by Mike Duff | Feb 15, 2024 | Retail Articles
At the end of the fiscal year, SharkNinja posted Wall Street beats on earnings and revenue. Net income advanced to $49.3 million, or 35 cents per share, from $46.6 million, or 34 cents per share, in the prior-year period. Adjusted for one-time events, net income...