by Mike Duff | Aug 30, 2024 | Retail Articles
Even as it expanded on its Target Corp. partnership, Ulta Beauty comps declined in the second quarter as earnings and sales fell short of Wall Street estimates. Net income was $252.6 million, or $5.30 per diluted share, versus $300.1 million, or $6.02 per diluted...
by Mike Duff | Aug 23, 2024 | Retail Articles
Despite financial pressure on a core shopper coping with the effects of inflation, Ross Stores posted higher than anticipated sales and earnings for the second quarter. Net earnings were $527.1 million, or $1.59 per diluted share, versus $446.3 million, or $1.32 per...
by Mike Duff | Aug 23, 2024 | Retail Articles
At a time when home improvement companies are facing consumers who are budgeting closely and making fewer discretionary purchases, Ace Hardware reported lower second-quarter earnings and declining comparable sales. In the quarter, the company’s net income was...
by Mike Duff | Aug 13, 2024 | Retail Articles
Comps advanced in the third quarter at Sally Beauty as sales and earnings beat a Wall Street estimate. Net earnings were $37.7 million, or 36 cents per diluted share, versus $50.8 million, or 46 cents per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...