by Mike Duff | Nov 21, 2023 | Retail Articles
Home outperformed Kohl’s overall business in the third quarter when earnings beat a Wall Street estimate but revenues fell short. The ongoing expansion of the home business is one of several initiatives, including the growth of the Sephora business, that Kohl’s is...
by Mike Duff | Nov 17, 2023 | Retail Articles
Value across its namesake and dd’s Discounts stores helped propel Rose Stores to a third-quarter Wall Street beat on sales and earnings. In the quarter, Ross posted net earnings of $447.3 million, or $1.33 per diluted share, versus $342 million, or $1 per diluted...
by Mike Duff | Nov 17, 2023 | Retail Articles
Wariness about purchasing big-ticket furniture and a promotional market environment hit Williams-Sonoma in the third quarter, according to the company. However, it still managed to beat a Wall Street earnings estimate. The company reported that net earnings were...
by Mike Duff | Nov 16, 2023 | Retail Articles
Despite posting year-over-year declines, Macy’s beat Wall Street estimates for the third quarter as the company prepares to emphasize its gifting assortment for the holiday season. Net income was $43 million, or 15 cents per diluted share, versus $108 million, or 39...
by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles
Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
