by Mike Duff | Mar 2, 2022 | Featured News, Retail Articles
Ross Stores surpassed $5 billion in sales in the fourth quarter, although earnings slipped versus fiscal 2019 while still beating a Wall Street estimate. Net earnings for the quarter were $366.8 million, or $1.04 per diluted share, versus $238 million, or 67 cents per...
by Mike Duff | Mar 1, 2022 | Retail Articles
The fourth quarter saw Target Corp. post earnings that beat a Wall Street estimate although revenues fell short despite strong comparable sales. For the quarter, net earnings were $1.54 billion, or $3.21 per diluted share, versus, $1.38 billion, or $2.73 per diluted...
by Mike Duff | Mar 1, 2022 | Retail Articles
After a period of contention with an activist investor, Kohl’s posted earnings gains that beat a Wall Street estimate even if the company fell short of revenues expectations, with macro issues hitting the top line. Net income for the quarter was $299 million, or $2.20...
by Mike Duff | Feb 25, 2022 | Retail Articles
With an enriching fourth quarter, Overstock managed to beat a Wall Street earnings estimate but fell short on sales. Company net income from continuing operations in the quarter was $32.9 million, or 68 cents per diluted share, versus $23.2 million, or 48 cents per...
by Mike Duff | Feb 25, 2022 | Featured News, Retail Articles
Wayfair posted a fourth-quarter loss that exceeded Wall Street expectations as it moves forward with big plans to open several physical stores. Wayfair’s net loss for the quarter was $202 million, or $1.92 per diluted share, versus net income of $24 million, or...
