by Mike Duff | Aug 18, 2022 | Featured News, Retail Articles
Core retail sales, as calculated by the National Retail Federation, rose in July as consumers kept shopping, NRF reported. NRF’s calculation of retail sales is based on U.S. Census Bureau figures, but it excludes automobile dealers, gasoline stations and...
by Mike Duff | Aug 18, 2022 | Retail Articles
In the second quarter, BJ’s Wholesale Club kept on making significant sales and earnings gains as it continued to add members. Net income was $141 million, or $1.03 per diluted share, versus $111, or 80 cents per diluted share, in the 2021 quarter, the company stated....
by Mike Duff | Aug 17, 2022 | Retail Articles
The Lowe’s Cos. beat a Wall Street earnings estimate even as revenue came in lower than anticipated. The company posted net earnings of $2.99 billion, or $4.67 per diluted share, versus $3.02 billion, or $4.25 per diluted share, in the 2021 quarter. Lowe’s...
by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
TJX drove earnings in the second quarter despite declining comparable sales in its stores across the United States. Net income was $809.3 million, and diluted earnings per share were 69 cents versus $785.7 million and diluted earnings per share of 64 cents, in the...
by Mike Duff | Aug 12, 2022 | Retail Articles
In the second quarter, as the company looked forward to its first South Dakota location, Dillard’s net income slipped year over year but still came in as a big beat versus Wall Street earnings per share estimates. Dillard’s posted a net income of $163.4 million, or...