by Mike Duff | Jun 3, 2024 | Retail Articles
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
by Mike Duff | May 23, 2024 | Retail Articles
The first quarter at BJ’s Wholesale Club brought earnings and comparable store sales growth along with better results from home-related merchandise. Net income was $111 million, or 83 cents per diluted share, versus $116.1 million, or 85 cents per diluted share, in...
by Mike Duff | May 22, 2024 | Retail Articles
First-quarter Williams-Sonoma earnings soundly beat analyst forecasts, but company comparable sales fell. The company stated that net earnings were $265.7 million, or $4.07 per diluted share, versus $156.5 million, or $2.35 per diluted share, in the year-earlier...
by Mike Duff | May 17, 2024 | Retail Articles
For the first quarter, The Aaron’s Co. came up short of Wall Street estimates as the business turned to a loss. Net loss was $14.2 million, or 46 cents per diluted share, versus net earnings of $12.8 million, or 41 cents per diluted share, in the year-previous period,...
by Mike Duff | May 16, 2024 | Featured News, Retail Articles
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
