Ace Hardware Corp. reported higher earnings and record sales in the third quarter, providing evidence that the home repair and remodeling sector is going strong. Ace posted a net income of $100.6 million for the quarter versus $99.3 million in the year-prior period....
Although Ross Stores sales and earnings in its third quarter couldn’t surpass prior-year totals, the off-price retailer managed to beat Wall Street estimates for the quarter. In the period, Ross Stores posted net income of $342 million, or $1 per diluted share, versus...
Despite choppy demand, Williams-Sonoma registered a solid third quarter, delivering results that were a bit above expectations. Net earnings in the quarter were $251.7 million, or $3.72 per diluted share, versus $249.5 million, or $3.29 per diluted share, in the...
The luxury customer gave Macy’s a boost in the third quarter as the company’s prospects evolve given opportunities to leverage its upscale store concepts and execute against its omnichannel strategy with a mix of online and brick-and-mortar initiatives. Net income was...
Kohl’s reported third-quarter results that beat earnings and revenue expectations, and the retailer’s independent chairman, Peter Boneparth, discussed qualities the company is seeking in a new CEO after Michelle Gass’ announced departure....