by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
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...
by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
After experiencing an inventory glut as the year began, Target decided to quickly address the merchandise excess. Although it believes doing so positioned the company for better margins in the back end of the year, the determination pressured second-quarter...
by Mike Duff | Aug 16, 2022 | Featured News, Retail Articles
Walmart put up solid numbers in its second quarter after moves to cut costs and shift emphasis as consumer spending patterns changed under the influence of inflation. Walmart net income was $5.15 billion, or $1.88 per diluted share, versus $4.28 billion, or $1.52 per...
by Mike Duff | Aug 12, 2022 | Retail Articles
In the second quarter, as the company looked forward to its first South Dakota location, Dillard’s net income slipped year over year but still came in as a big beat versus Wall Street earnings per share estimates. Dillard’s posted a net income of $163.4 million, or...
by Mike Duff | Aug 10, 2022 | Retail Articles
One-time charges aside, eBay managed to beat a Wall Street earning estimate in the second quarter, even if sales and earnings slipped. Net loss from continuing operations was $536 million, or 96 cents per diluted share, versus net income of $294 million, or 43 cents...
