by Mike Duff | Dec 7, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings posted earnings and revenues that topped a Wall Street estimate, citing strong closeout deal flow from suppliers and growing demand from value-conscious consumers. Net income advanced to $31.8 million, or 51 cents per diluted share,...
by Mike Duff | Dec 6, 2023 | Retail Articles
Joann missed third-quarter Wall Street estimates on sales and earnings while citing double-digit e-commerce growth as a positive development. Net loss was $21.6 million, or 51 cents per diluted share, versus $17.5 million, or 43 cents per diluted share, in the...
by Mike Duff | Dec 5, 2023 | Retail Articles
Although net income fell year over year, Ulta Beauty beat Wall Street estimates for earnings and revenue as the company invested in initiatives, particularly on the digital side, and added Target shops. Net income was $249.5 million, or $5.07 per diluted share, versus...
by Mike Duff | Nov 30, 2023 | Retail Articles
Despite tighter consumer spending, Kroger stated that the flexibility of its business model helped the company navigate the third quarter when it topped a Wall Street estimate on earnings and revenue. Company net earnings were $646 million, or 88 cents per diluted...
by Mike Duff | Nov 30, 2023 | Retail Articles
Big Lots, still trying to build traction on its turnaround, posted a third-quarter comp decline even as earnings and revenue exceeded or met a Wall Street estimate. The company also announced the appointment of former Burlington Stores executive Kristen Cox to senior...
