by Mike Duff | Dec 6, 2021 | Retail Articles
Costco Wholesale Corp. for the fiscal month of November posted comparable sales, sans the effects of fuel price and foreign exchange volatility, up 9.2% with comps in the United States up 9.1%, in Canada up 7.6%, and in Other International regions up 11.3%. E-commerce...
by Mike Duff | Dec 2, 2021 | Featured News, Retail Articles
The Kroger Co. in its third quarter beat Wall Street sales and earnings estimates while launching initiatives including a partnership with Bed Bath & Beyond. Company net earnings were $483 million, or 64 cents per diluted share, versus $631 million, or 80 cents...
by Mike Duff | Dec 2, 2021 | Retail Articles
Macroeconomic effects hurt Kirkland in the third quarter, although the company points to two-year gains as evidence its turnaround is proceeding. The company posted net income of $7.2 million, or 51 cents per diluted share, versus $12.34 million, or 82 cents per...
by Mike Duff | Nov 23, 2021 | Retail Articles
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
by Mike Duff | Nov 22, 2021 | Retail Articles
With major holiday promotions dates fast approaching, Amazon has previewed its Cyber Monday deals weekend assortment including lots of bargains on home merchandise. The Amazon Cyber Monday weekend kicks off on Saturday, November 27, and runs through Monday, November...