by Mike Duff | Aug 25, 2021 | Retail Articles
In the second quarter, Best Buy Co. did better than expected and continues to develop new initiatives to help keep the momentum going. Best Buy posted net earnings of $734 million in the quarter, or $2.90 per diluted share, versus $432 million, or $1.65 per diluted...
by Mike Duff | Aug 24, 2021 | Retail Articles
As COVID-19 restrictions moderated at retail in the first half of this year, Ross Stores bounced back, posting big second-quarter gains versus a year ago and significant advances compared to the pre-coronavirus period in 2019. As the second quarter ended July 31, Ross...
by Mike Duff | Aug 19, 2021 | Retail Articles
Kohl’s characterized its second quarter as record-breaking as it beat Wall Street sales and earnings estimates. Net income was $382 million, or $2.48 per diluted share, versus $47 million, or 30 cents per diluted share, in the year-earlier period. Adjusted for...
by Mike Duff | Aug 19, 2021 | Retail Articles
The TJX Cos. continued their comeback in the second quarter, gaining traction as it emerges from a period of store closures due to the COVID-19 pandemic, with HomeGoods making an especially strong contribution. Net income was $785.7 million, or 64 cents per diluted...
by Mike Duff | Aug 13, 2021 | Retail Articles
Dillard’s posted a big second quarter, confounding Wall Street with sales and earnings well above estimates. For the second quarter, Dillard’s posted a net income of $185.7 million, or $8.81 per share, versus a net loss of $8.6 million, or 37 cents per share, in the...
