by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
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....
by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
Lower sales from the HomeGoods operation proved a drag on TJX Cos. revenue in the third quarter, but the company still managed to beat a Wall Street earnings estimate. As it reported quarterly financials, the company announced it had promoted John Klinger to executive...
by Mike Duff | Nov 16, 2022 | Featured News, Retail Articles
Target experienced declining discretionary product purchasing in the third quarter, which hit earnings as customers shopped for everyday needs while shifting to bargain hunting for other goods. The company posted net earnings of $712 million, or $1.54 per diluted...
by Mike Duff | Nov 15, 2022 | Retail Articles
Home Depot recorded third-quarter sales and earnings that topped Wall Street estimates as its recent momentum continued. In the quarter, net earnings were $4.34 billion, or $4.24 per diluted share, versus $4.13 billion, or $3.92 per diluted share, in the fiscal 2021...
by Mike Duff | Nov 15, 2022 | Featured News, Retail Articles
Walmart’s third quarter net earnings took a hit because of equity investment charges related to JD.com and an opioid lawsuit settlement, but adjusted earnings per share and revenues beat Wall Street estimates. Consolidated net loss was $1.8 billion, or 66 cents per...
