Although total sales beat a Wall Street estimate, Kirkland’s Home suffered significant second-quarter comparable sales and earnings declines and now is working on bolstering inventory and liquidity positions. Net loss in the quarter was $25.7 million, or $2.02 per...
The second quarter proved pretty comfortable for Dollar Tree as consumers who are dealing with inflation sought out its stores for low prices on key needs. Even as it announced second-quarter results, Dollar Tree reported that it had appointed Jeffrey Davis to the CFO...
Dollar General announced the promotion of John Garratt to president and CFO as the retailer posted a solid Q2 comparable sales increase. Garratt retains the CFO role while adding the president title. He joined Dollar General in 2014 as senior vice president, finance...
As it identified second quarter revenues as record-setting, Ace Hardware Corp. also posted net income that included a charge for the closure of The Grommet. Ace Hardware posted net income attributable to the company of $124.9 million for the quarter, up $116 million...
Macy’s got dinged by macroeconomic and retail trends in the second quarter even as it topped Wall Street estimates, and now it is working to position itself for a strong holiday season. Macy’s net income in the quarter was $275 million, or 99 cents per diluted...
