Lowe’s posted mixed results in the fourth quarter, with earnings above but revenues coming in short of Wall Street expectations, and the company announced it was boosting employee compensation. Net earnings were $957 million, or $1.58 per diluted share, versus $1.21...
Kohl’s posted a fourth-quarter loss that took Wall Street by surprise. Net loss was $273 million, or $2.49 per diluted share, versus net income of $299 million, or $2.20 per diluted share, in the year-earlier period, the company reported. An analyst consensus estimate...
Although it produced mixed results, Target still did better in the fourth quarter than Wall Street expected. For the fourth quarter, Target recorded net earnings of $876 million, or $1.89 per diluted share, the company noted, versus $1.54 billion, or $3.21 per diluted...
As it reported fourth-quarter and full-year financial results, which beat a Wall Street earnings estimate despite being down year over year, Rent-A-Center announced it was changing its corporate name to Upbound Group, with its banners retaining their identities. Net...
Wayfair CEO Niraj Shah, in announcing the company’s year-over-year loss increased and revenue slipped year in the fourth quarter, said the retailer had adjusted operations for greater efficiency and to generate better results. Wayfair CEO Niraj Shah, in...
