by Mike Duff | Sep 26, 2024 | Retail Articles
Target Circle Week returns on October 6 for members of the retailer’s free-to-join loyalty program with savings of up to 50% off products ranging from Halloween costumes and candy to holiday gift items including toys to an array of housewares. Target noted...
by Mike Duff | Sep 4, 2024 | Retail Articles
Consumer reluctance to engage in discretionary spending resulted in Dollar Tree’s second quarter being short of expectations. Net income was $132.4 million and diluted earnings per share was 62 cents versus $200.4 million, or 91 cents per diluted share, in the...
by Mike Duff | Aug 30, 2024 | Retail Articles
Even as it expanded on its Target Corp. partnership, Ulta Beauty comps declined in the second quarter as earnings and sales fell short of Wall Street estimates. Net income was $252.6 million, or $5.30 per diluted share, versus $300.1 million, or $6.02 per diluted...
by Mike Duff | Aug 23, 2024 | Retail Articles
Despite financial pressure on a core shopper coping with the effects of inflation, Ross Stores posted higher than anticipated sales and earnings for the second quarter. Net earnings were $527.1 million, or $1.59 per diluted share, versus $446.3 million, or $1.32 per...
by Mike Duff | Aug 23, 2024 | Retail Articles
At a time when home improvement companies are facing consumers who are budgeting closely and making fewer discretionary purchases, Ace Hardware reported lower second-quarter earnings and declining comparable sales. In the quarter, the company’s net income was...