Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
Ross had a solid quarter, with sales and earnings gaining enough to beat Wall Street estimates. The company posted net earnings of $371.2 million, or $1.09 per diluted share, versus $338.4 million, or 97 cents per diluted share, in the year-prior quarter. Comparable...
Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
During the first quarter, Walmart made significant financial strides despite weaker general merchandise sales as more and higher-earning shoppers looked to the retailer for value in consumables and food, the company reported. Walmart posted a company net income of...
In the first quarter, TJX recorded higher earnings that beat a Wall Street estimate but sales that didn’t quite live up to expectations with revenue in home merchandise continuing to lag. Net income in the quarter was $891 million, or 76 cents per diluted share,...
