by Mike Duff | Aug 7, 2024 | Retail Articles
The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
by Mike Duff | Jul 25, 2024 | Retail Articles
After experiencing some controversy because of social initiatives, Tractor Supply met a second-quarter earnings estimate, although sales fell short. Net income was $425.2 million, or $3.93 per diluted share, versus $421.2 million, or $3.83 per diluted share, in the...
by Mike Duff | Jul 25, 2024 | Retail Articles
In the second quarter, Keurig Dr Pepper recorded net earnings that matched a Wall Street estimate and sales that narrowly topped the forecast, with unit volume increasing in coffee machines and K-cups. In the U.S. Coffee segment, net sales slipped 2.1% to $1 billion...
by Mike Duff | Jul 23, 2024 | Retail Articles
For the first quarter, Albertsons Cos. narrowly missed an earnings estimate but beat one on revenues as the company keeps operating as it pursues its merger with The Kroger Co. The merger has experienced opposition from the United States Federal Trade Commission but...
by Mike Duff | Jun 10, 2024 | Retail Articles
Retail sales gained in May, showing significant increases both month over month and year over year, according to the CNBC/NRF Retail Monitor as announced by the National Retail Federation. Retail sales, excluding automobiles and gasoline, gained 1.35% seasonally...