Macy’s surpassed expectations in the second quarter even as sales and earnings declined and it turned its attention to holiday gift opportunities. In addition to the financial results, Macy’s has announced the locations of four new small-format locations scheduled to...
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
Although discretionary purchases have been soft lately for some retailers, Ace Hardware Corp. managed a solid quarter with comp sales and income gains. For the second quarter, the cooperative posted a net income of $126.7 million versus $124.8 million in the...
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
Home Depot beat Wall Street second-quarter financial estimates, although consumers wary of discretionary spending in an uncertain economy took on smaller do-it-yourself projects while making fewer large remodeling commitments. Net earnings for the second quarter of...
