Slower spending by lower to moderate income consumers hit Ross Stores second quarter results even if lower earnings were better than Wall Street anticipated. For the second quarter that ended July 30, Ross Stores reported earnings of $384.5 million, or $1.11 per...
In the second quarter, BJ’s Wholesale Club kept on making significant sales and earnings gains as it continued to add members. Net income was $141 million, or $1.03 per diluted share, versus $111, or 80 cents per diluted share, in the 2021 quarter, the company stated....
Kohl’s Corp. posted lower second-quarter sales and earnings as core customers realign spending amid macro economic conditions. The retailer, meanwhile, announced it plans to expand its Sephora offering to all stores. Kohl’s net income was $143 million, or 1.11...
The Lowe’s Cos. beat a Wall Street earnings estimate even as revenue came in lower than anticipated. The company posted net earnings of $2.99 billion, or $4.67 per diluted share, versus $3.02 billion, or $4.25 per diluted share, in the 2021 quarter. Lowe’s...
TJX drove earnings in the second quarter despite declining comparable sales in its stores across the United States. Net income was $809.3 million, and diluted earnings per share were 69 cents versus $785.7 million and diluted earnings per share of 64 cents, in the...
