by Mike Duff | Aug 3, 2022 | Retail Articles
The Container Store reported a comparable sales gain and a Wall Street earnings estimate beat in its first quarter. Consolidated net income was $10.5 million, or 21 cents per diluted share, versus $17.7 million, or 35 cents per diluted share, in the 2021 first...
by Mike Duff | Aug 2, 2022 | Retail Articles
Sales advanced in the second quarter that ended June 25 but earnings lagged at Publix. In the quarter, Publix’s net earnings were $628.4 million, or 18 cents per share, versus $1 billion, or 29 cents per share, in the 2021 period, the company reported. Earnings per...
by Mike Duff | Aug 2, 2022 | Retail Articles
In the second quarter, mall and brand operator Simon beat Wall Street estimates even as its JCPenney business acted as a slight drag, but only after a stronger past performance. Company net income was $496.7 million, or $1.51 per diluted share, Simon stated, versus...
by Mike Duff | Jul 27, 2022 | Retail Articles
In a quarter when shoppers shifted to food and consumable purchasing under the pressure of inflation, Albertsons Cos. posted satisfying sales and earnings, beating Wall Street estimates. Net income was $484.2 million, or 84 cents per share, versus $444.8 million, or...
by Mike Duff | Jul 26, 2022 | Retail Articles
The Aaron’s Co., an omnichannel provider of lease-to-own and retail purchase operations posted second-quarter financials that are the first that incorporate results from BrandsMart U.S.A., acquired April 1. Aaron’s net loss was $5.3 million, or 17 cents per...
