by Mike Duff | Jan 10, 2025 | Retail Articles
In announcing third quarter financial results, Vivek Sankaran, Albertsons Cos. CEO, stated that the company had positioned itself for future growth, despite a planned merger with The Kroger Co. falling through due to opposition from United States Federal and a group...
by Mike Duff | Nov 21, 2024 | Retail Articles
In the third quarter, BJ’s earnings beat a Wall Street estimate and comparable store sales advanced as the general merchandise business stabilized. The company pointed out that its membership fees would increase at the start of 2025. Net income in the quarter was...
by Mike Duff | Nov 20, 2024 | Retail Articles
Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
by Mike Duff | Nov 12, 2024 | Retail Articles
Although earnings and comps declined, Home Depot still managed to beat a Wall Street estimate in the third quarter. Net earnings were $3.65 billion, or $3.67 per diluted share, versus $3.81 billion, or $3.81 per diluted share, in the year-previous quarter. Adjusted...
by Mike Duff | Nov 7, 2024 | Beverageware, Food Storage, Home + Housewares, Kitchenware, Tableware
Yeti exceeded expectations in the third quarter as sales increased in each of its divisions and earnings gained on a reported and adjusted basis. Net income was $56.3 million, or 66 cents per diluted share, versus $42.7 million, or 49 cents per diluted share, in the...
