by Mike Duff | Dec 8, 2023 | Retail Articles
Net loss was $2.2 million, or 12 cents per diluted share, versus net income of $98.8 million, or $3.78 per diluted share, in the year-earlier quarter. Adjusted for one-time events, net loss was $7.8 million, or 42 cents per diluted share, versus net income of $110.4...
by Mike Duff | Dec 5, 2023 | Retail Articles
Although net income fell year over year, Ulta Beauty beat Wall Street estimates for earnings and revenue as the company invested in initiatives, particularly on the digital side, and added Target shops. Net income was $249.5 million, or $5.07 per diluted share, versus...
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 30, 2023 | Retail Articles
Big Lots, still trying to build traction on its turnaround, posted a third-quarter comp decline even as earnings and revenue exceeded or met a Wall Street estimate. The company also announced the appointment of former Burlington Stores executive Kristen Cox to senior...
