by Mike Duff | Dec 3, 2021 | Retail Articles
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
by Mike Duff | Nov 23, 2021 | Retail Articles
At a time when it is shaking up its basic proposition to consumers, Dollar Tree reported in announcing its third-quarter results that it is making progress on key initiatives, including the addition of $1.25 pricepoints in all core Dollar Tree-bannered stores as it...
by Mike Duff | Oct 1, 2021 | Featured News, Retail Articles
Bed Bath & Beyond showed a loss in the second quarter as COVID-19 and marketing missteps hurt it as well as supply chain and cost issues. The company posted a net loss of $73.2 million, or 72 cents per diluted share, versus net income of $217.9 million, or $1.75...
by Mike Duff | Sep 24, 2021 | Retail Articles
Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...
by Mike Duff | Sep 3, 2021 | Retail Articles
For the second quarter, Five Below posted significant sales and earnings gains versus the period in 2020 and 2019 but, although net income exceeded expectations, revenues came in just short of a Wall Street estimate. Net income was $64.8 million, or $1.15 per diluted...