by Mike Duff | Dec 1, 2023 | Retail Articles
The third quarter held incremental gains at Kirkland’s Home, the company asserted, with a Wall Street beat on earnings despite a significant comp decline. Net loss was $6.4 million, or 50 cents per diluted share, versus $7.3 million, or 58 cents per diluted...
by Mike Duff | Nov 30, 2023 | Retail Articles
Despite tighter consumer spending, Kroger stated that the flexibility of its business model helped the company navigate the third quarter when it topped a Wall Street estimate on earnings and revenue. Company net earnings were $646 million, or 88 cents per diluted...
by Mike Duff | Nov 21, 2023 | Retail Articles
Lowe’s Cos. did better than Wall Street expected on earnings in the third quarter but fell short on revenues as do-it-yourself customers stepped back from bigger-ticket purchases. Net earnings were $1.77 billion, or $3.06 per diluted share, versus $154 million,...
by Mike Duff | Nov 21, 2023 | Retail Articles
Home outperformed Kohl’s overall business in the third quarter when earnings beat a Wall Street estimate but revenues fell short. The ongoing expansion of the home business is one of several initiatives, including the growth of the Sephora business, that Kohl’s is...
by Mike Duff | Nov 17, 2023 | Retail Articles
Value across its namesake and dd’s Discounts stores helped propel Rose Stores to a third-quarter Wall Street beat on sales and earnings. In the quarter, Ross posted net earnings of $447.3 million, or $1.33 per diluted share, versus $342 million, or $1 per diluted...
