Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
As it moves forward with its small-store initiative, the Container Store expressed satisfaction with the third quarter despite lower sales and earnings. Consolidated net income was $4.2 million, or eight cents per diluted share, versus $13.7 million, or 27 cents per...
Bed Bath & Beyond has defaulted on its debt, the company reported in a 10-Q filing with the United States Securities and Exchange Commission, and the company is considering financing alternatives, again warning that it may have to file for bankruptcy. In a...
As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...
In a time period when observers and vendors wondered if a bankruptcy filing might be imminent, Bed Bath & Beyond instead affirmed that it is looking at all options in dealing with the company’s financial difficulties even as it announced third-quarter results that...
