by Mike Duff | Mar 8, 2023 | Retail Articles
Costco beat a Wall Street earnings estimate for its second quarter, but revenues fell short as e-commerce slipped based on softness in big-ticket discretionary items even with overall comparable sales increasing. Net income for the quarter was $1.47 billion, or $3.30...
by Mike Duff | Nov 2, 2022 | Retail Articles
Container Store made adjustments and advanced store and holiday initiatives in the second quarter even as macroeconomic challenges pressured results. As it announced its financial results, the company announced a new architecture for its offering of custom spaces and...
by Mike Duff | Oct 19, 2022 | Retail Articles
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
by Peter Giannetti | Oct 7, 2022 | Appliances, Home Environment, Kitchenware, Personal Care & Wellness
Helen of Troy Limited reported a 9.7 consolidated net sales of $521.4 million in its second quarter, an increase of 9.7% from fiscal 2022, a decrease of 1.8% from fiscal 2021 and an increase of 25.9% from fiscal 2020. The company, which markets housewares, home...
by Mike Duff | Sep 30, 2022 | Retail Articles
The second quarter saw Rite Aid losses increase and sales come up short of last year’s period, although a bit ahead of Wall Street projections. For the quarter, the company reported a net loss of $331.3 million, or $6.07 per diluted share, versus a net loss of $100.3...
