Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
For the first quarter, Dollar Tree beat Wall Street estimates and, while introducing its financial results, laid out its investment strategy for the future. The company posted a first-quarter net income of $536.4 million, or $2.37 per diluted share, versus $374.5...
Even as it works to mitigate supply chain and inflation issues, Dollar General Corp. posted a first quarter earnings and sales beat on Wall Street estimates. Net income was $552.7 million, or $2.41 per diluted share, the company reported, versus $667.7 million, or...
An April slowdown dropped Big Lots to a loss in the first quarter as comparable sales fell into negative territory year over year. Big Lots reported a net loss of $11.1 million, or 39 cents per share, versus $94.6 million, or $2.62 per diluted share, in the year-past...
After its board and management survived a proxy fight with an activist investor, Kohl’s Corp. announced that the first quarter was another struggle for the company. Net income was $14 million, or 11 cents per diluted share, versus $14, or nine cents per diluted share,...
