As part of a Wall Street beat, Lowe’s sales and earnings topped analyst estimates as the company continues developing its own-brand and fulfillment strategies, among others. For the quarter, Lowe’s posted net earnings of $1.21 billion, or $1.78 per diluted share,...
At a time of leadership transition, Home Depot continues to roll on with strong fourth quarter sales, comparable sales and earnings results. Net earnings for the quarter were $3.35 billion, or $3.21 per diluted share, the company reported, compared with $2.86 billion,...
Macy’s beat Wall Street estimates during a fourth-quarter that topped off a big fiscal year for the company that Macy’s Chairman and CEO Jeff Gennette said reflects strategic initiatives that are improving operations and performance. Macy’s net income for...
With inflation and supply chain issues having an effect, Ace Hardware Corp. drove sales higher in the fourth quarter but net income fell. Company net income was $9.9 million for the quarter versus $43.3 million in the year-previous period, Ace stated. The 3,400 Ace...
Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...