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 | Dec 3, 2021 | Retail Articles
Dollar General Corp., which beat third quarter Wall Street sales and earnings estimates, announced major growth plans, including the addition of 1,100 stores in 2022 and expansion of its higher-end pOpshelf concept to 1,000 locations by fiscal year end 2025. The...
by Mike Duff | Nov 24, 2021 | Featured News, Retail Articles
Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. Third-quarter net income was $13.6 million, or 20 cents per diluted share, versus $8 million, or 12 cents...
by Mike Duff | Nov 23, 2021 | Retail Articles
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
by Mike Duff | Nov 22, 2021 | Featured News, Retail Articles
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...
