by Mike Duff | Dec 13, 2024 | Retail Articles
Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...
by Mike Duff | Nov 22, 2024 | Retail Articles
Headwinds limited Ross Stores’ gains in the third quarter, the company reported, even as its customers remain wary of discretionary spending. Net earnings for the quarter were $488.8 million, or $1.48 per diluted share, versus $447.3 million, or $1.33 per...
by Mike Duff | Nov 21, 2024 | Retail Articles
In the third quarter, BJ’s earnings beat a Wall Street estimate and comparable store sales advanced as the general merchandise business stabilized. The company pointed out that its membership fees would increase at the start of 2025. Net income in the quarter was...
by Mike Duff | Nov 20, 2024 | Retail Articles
Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
by Mike Duff | Nov 12, 2024 | Retail Articles
Although earnings and comps declined, Home Depot still managed to beat a Wall Street estimate in the third quarter. Net earnings were $3.65 billion, or $3.67 per diluted share, versus $3.81 billion, or $3.81 per diluted share, in the year-previous quarter. Adjusted...
