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Ace Reports Record Sales, Higher Comps Lumber Excluded

Ace Reports Record Sales, Higher Comps Lumber Excluded

by Mike Duff | Nov 15, 2023 | Retail Articles

In the third quarter, Ace Hardware Corp. reported record revenues of $2.29 billion, up 2.5% from the year-before period. The cooperative posted net income of $130 million versus $100.6 million, while net income attributable to Ace Corporation was $130.5 million versus...
Target Registers Big Q3 Earnings Beat Despite Sales Pressure

Target Registers Big Q3 Earnings Beat Despite Sales Pressure

by Mike Duff | Nov 15, 2023 | Featured News, Retail Articles

Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously.   Net earnings for...
CEO Decker Says Home Depot Improving Shopping Experience After Q3 Declines

CEO Decker Says Home Depot Improving Shopping Experience After Q3 Declines

by Mike Duff | Nov 14, 2023 | Retail Articles

Home Depot sales and earnings, despite year-over-year declines, beat a Wall Street estimate in the third quarter as CEO Ted Decker said strategic initiatives to improve customer experience should power the company forward. Net earnings were $3.81 billion, or $3.81 per...
Dillard’s Improved Inventory in Q3 Despite Softer Sales, Earnings Comps

Dillard’s Improved Inventory in Q3 Despite Softer Sales, Earnings Comps

by Mike Duff | Nov 10, 2023 | Retail Articles

Dillard’s beat an analyst earnings estimate in the third quarter, although sales and earnings declined versus the prior-year period. Net income was $155.3 million, or $9.49 per diluted share, versus $187.9 billion, or $10.96 per diluted share, the company reported. An...
Yeti Beats Street Despite Recall Costs

Yeti Beats Street Despite Recall Costs

by Mike Duff | Nov 9, 2023 | Beverageware, Food Storage, Home + Housewares, Kitchenware, Tableware

Despite having to deal with recall complications, Yeti Holdings beat a Wall Street earnings and sales forecast with introductions helping to drive results. Net income was $42.7 million, or 49 cents per diluted share, versus $45.5 million, or 52 cents per diluted...
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