by Mike Duff | Aug 28, 2023 | Retail Articles
As it winds down its Canadian operations, Nordstrom managed a big earnings beat and a smaller one on revenues. Net earnings were $137 million, or 84 cents per diluted share, versus $126 million, or 77 cents per diluted share, in the year-before quarter, the company...
by Mike Duff | Aug 23, 2023 | Retail Articles
The top line of Williams-Sonoma, Inc. suffered in the second quarter when it came to comps, but earnings beat expectations as sales shifted across home categories. Net earnings were $201.5 million, or $3.12 per diluted share, versus $267.1 million, or $3.87 per...
by Mike Duff | Aug 23, 2023 | Retail Articles
Despite lower earnings and comparable sales, Kohl’s beat Wall Street estimates for the second quarter, and the company looks forward to growth with home goods as an important contributor. Net income was $58 million, or 52 cents per diluted share, versus $143 million,...
by Mike Duff | Aug 22, 2023 | Featured News, Retail Articles
Macy’s surpassed expectations in the second quarter even as sales and earnings declined and it turned its attention to holiday gift opportunities. In addition to the financial results, Macy’s has announced the locations of four new small-format locations scheduled to...
by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
