by Mike Duff | May 21, 2024 | Retail Articles
Despite a decline in do-it-yourself shopper sales, Lowe’s managed to beat Wall Street estimates for earnings and revenues in the first quarter. Net earnings were $1.76 billion, or $3.06 per diluted share, versus $2.26 billion, or $3.77 per diluted share, in the...
by Mike Duff | May 17, 2024 | Retail Articles
For the first quarter, The Aaron’s Co. came up short of Wall Street estimates as the business turned to a loss. Net loss was $14.2 million, or 46 cents per diluted share, versus net earnings of $12.8 million, or 41 cents per diluted share, in the year-previous period,...
by Mike Duff | May 16, 2024 | Featured News, Retail Articles
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
by Mike Duff | May 15, 2024 | Retail Articles
For the first quarter, Ace Hardware Corp. reported higher revenues but lower profits as it looked to greater operating and interest expenses, it announced. The cooperative posted a company net income of $47.2 million versus $66.6 million in the year-earlier quarter....
by Mike Duff | May 14, 2024 | Retail Articles
In the first quarter, Home Depot beat Wall Street estimates on earnings but came up a bit short on revenues as it continues reconfiguring elements of the operation to align with business trends and market opportunities. Net earnings were $3.6 billion, or $3.63 per...
