by Mike Duff | May 24, 2023 | Featured News, Retail Articles
Kohl’s Corp., in posting a profit that surprised Wall Street, asserted its turnaround gained traction in the first quarter. Plans to sustain momentum include putting more emphasis on core home categories and such less central but related categories as outdoor, pets...
by Mike Duff | May 23, 2023 | Retail Articles
BJ’s Wholesale Club posted lower adjusted net income for the first quarter while comparable sales advanced versus the year-past period. For the quarter, company net income was $116.1 million, or 85 cents per diluted share, versus $112.5, or 82 cents per diluted share,...
by Mike Duff | May 23, 2023 | Retail Articles
Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
by Mike Duff | May 23, 2023 | Retail Articles
Erosion in demand for high-end furniture helped drive declines in sales and income at Williams-Sonoma but adjusted earnings per share managed to beat a Wall Street estimate. Net earnings were $156.5 million, or $2.35 per diluted share, versus $254.1 million, or $3.50...
by Mike Duff | May 19, 2023 | Retail Articles
Ross had a solid quarter, with sales and earnings gaining enough to beat Wall Street estimates. The company posted net earnings of $371.2 million, or $1.09 per diluted share, versus $338.4 million, or 97 cents per diluted share, in the year-prior quarter. Comparable...
