by Mike Duff | Feb 24, 2022 | Retail Articles
Even as it released its fourth-quarter financials, Aaron’s Co. announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. for $230 million in cash. The transaction, the purchaser stated, would deliver Aaron’s more than $3...
by Mike Duff | Feb 23, 2022 | Retail Articles
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,...
by Mike Duff | Feb 22, 2022 | Featured News, Retail Articles
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,...
by Mike Duff | Feb 22, 2022 | Featured News, Retail Articles
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...
by Mike Duff | Feb 18, 2022 | Retail Articles
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...
