by Mike Duff | Nov 22, 2022 | Retail Articles
Consumers are looking to stretch budgets and Dollar Tree was a beneficiary in the third quarter as the company made changes to management, pricing and store standards to make it more competitive. Net income was $266.9 million, or $1.20 per diluted share, versus...
by Mike Duff | Nov 21, 2022 | Retail Articles
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....
by Mike Duff | Nov 18, 2022 | Retail Articles
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...
by Mike Duff | Nov 18, 2022 | Featured News, Retail Articles
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...
by Mike Duff | Nov 17, 2022 | Retail Articles
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...
