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...
by Mike Duff | Jun 5, 2024 | Retail Articles
Dollar Tree nearly matched a first analyst consensus estimate in the first quarter, with earnings slightly above. While announcing its financial results, the company stated it was conducting a strategic review of its Family Dollar operation. Net income was $300.1...
by Mike Duff | Jun 3, 2024 | Retail Articles
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
by Mike Duff | May 23, 2024 | Retail Articles
The first quarter at BJ’s Wholesale Club brought earnings and comparable store sales growth along with better results from home-related merchandise. Net income was $111 million, or 83 cents per diluted share, versus $116.1 million, or 85 cents per diluted share, in...
