Prior to its January 9 presentation at the 2023 ICR Conference in Orlando, Macy’s provided updates to its fiscal fourth quarter sales and adjusted EPS guidance provided on its November 17, 2022 earnings call, with net sales expected to come in at the low-end to...
Retail comparable sales in the United States helped boost Walgreens Boots Alliance sales in the fiscal first quarter to a beat over Wall Street estimates. Walgreens reported a company loss of $3.72 billion, or $4.31 per share, versus company net earnings of $3.58...
The third quarter spelled losses for Rite Aid Corp. but the company did beat Wall Street estimates as front-end comparable sales advanced. Third quarter net loss was $67.1 million, or $1.23 per share, compared to a net loss of $36.1 million, or 67 cents per share, in...
As it revealed third-quarter financial results that topped expectations, Restoration Hardware also announced a pair of acquisitions and the addition of an executive to head up a new media operation. The company has acquired Dmitriy & Co., a to-the-trade custom...
Costco made solid gains in the first quarter of its fiscal year with comparable store sales and profits both up but fell short of Wall Street revenue and earnings estimates. Net income for the quarter was $1.36 billion, or $3.07 per diluted share, versus $1.32...