by Mike Duff | Aug 13, 2024 | Retail Articles
Comps advanced in the third quarter at Sally Beauty as sales and earnings beat a Wall Street estimate. Net earnings were $37.7 million, or 36 cents per diluted share, versus $50.8 million, or 46 cents per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Aug 13, 2024 | Retail Articles
For the second quarter, Home Depot faced softer demand based on economic conditions and anticipation of interest rate cuts but still managed to beat Wall Street estimates. Net earnings were $4.56 billion, or $4.60 per diluted share, versus $4.66 billion, or $4.65 per...
by Mike Duff | Aug 12, 2024 | Retail Articles
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
by Mike Duff | Aug 9, 2024 | Retail Articles
Retail sales advanced during a July that saw lots of early back-to-school spending and major promotions from Amazon, Walmart, Target and other retailers. According to the CNBC/NRF Retail Monitor, shoppers purchasing for return to classes, to take advantage of...
by Mike Duff | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...