by Mike Duff | Mar 6, 2025 | Retail Articles
The fourth quarter generated better-than-expected results for Burlington Stores. Net income was $260.8 million, or $4.02 per diluted share, versus $227.5 million, or $3.53 per diluted share, in the year-before period, the company noted. Adjusted for one-time events,...
by Mike Duff | Mar 6, 2025 | Retail Articles
Ross Stores comparable sales gained in its fourth quarter, but earnings came up short year over year while still beating a Wall Street estimate. Ross earnings per share were $1.79 versus $1.82 per share for the year-prior quarter with net earnings at $586.8 million...
by Mike Duff | Jan 27, 2025 | Retail Articles
The Coresight Research Holiday Wrap Up noted store traffic during the holiday season was often up at major retail chains and shopping centers with deals driving most purchase decisions. The increase in store traffic occurred generally in the discount store and...
by Mike Duff | Sep 11, 2024 | Retail Articles
Ross Stores announced merchandising leadership changes at its Ross Dress for Less and dd’s Discounts divisions the company said are intended to strengthen the execution of its off-price strategies and drive profitable market-share gains. Effective December 1,...
by Mike Duff | Sep 3, 2024 | Retail Articles
Nordstrom Rack performed well in its parent company’s latest quarterly financial results. The department store operator’s expanding off-price banner has helped drive sales advances above the company’s overall comparable-store gains, and several more Rack...
