by Mike Duff | Mar 1, 2023 | Retail Articles
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...
by Mike Duff | Feb 28, 2023 | Retail Articles
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...
by Mike Duff | Feb 24, 2023 | Retail Articles
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...
by Mike Duff | Feb 21, 2023 | Retail Articles
Despite flat comparable store sales, Dillard’s drove earnings higher in Q4. Net income for the quarter was $289.2 million, or $16.89 per share, versus $321.2 million, or $16.61 per share, in the year-previous quarter, the company reported. A Yahoo-published analyst...
by Mike Duff | Feb 3, 2023 | Retail Articles
Although store closings weighed on financial results, Sally Beauty comparable sales gained as the company topped Wall Street estimates. GAAP net earnings in the first quarter were $50.3 million, or 46 cents per diluted share, versus $68.8 million, or 60 cents per...
