by Mike Duff | Oct 1, 2021 | Featured News, Retail Articles
Bed Bath & Beyond showed a loss in the second quarter as COVID-19 and marketing missteps hurt it as well as supply chain and cost issues. The company posted a net loss of $73.2 million, or 72 cents per diluted share, versus net income of $217.9 million, or $1.75...
by Mike Duff | Sep 24, 2021 | Retail Articles
Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...
by Mike Duff | Sep 3, 2021 | Retail Articles
For the second quarter, Five Below posted significant sales and earnings gains versus the period in 2020 and 2019 but, although net income exceeded expectations, revenues came in just short of a Wall Street estimate. Net income was $64.8 million, or $1.15 per diluted...
by Mike Duff | Sep 2, 2021 | Retail Articles
In the second quarter, Kirkland’s recorded an adjusted earnings loss, which beat a Wall Street estimate, and lower sales, which fell short of Street expectations. Earnings were $626,000, or four cents per diluted share, versus a loss in the COVID-19 pandemic hit...
by Mike Duff | Aug 31, 2021 | Retail Articles
For the second quarter, Burlington Stores beat Wall Street estimates based on strength across merchandising categories and sales regions. Burlington posted a net income of $102.6 million, or $1.50 a diluted share, for the second quarter versus a loss of $46.8 million,...
