by Mike Duff | Nov 26, 2024 | Retail Articles
Unseasonably warm weather this fall moderated Burlington Stores comp sales in its third quarter, although the company made progress year over year with a lift from store growth. Net income was $90.6 million, or $1.40 per diluted share, versus $48.6 million, or 75...
by Mike Duff | Nov 22, 2024 | Retail Articles
Headwinds limited Ross Stores’ gains in the third quarter, the company reported, even as its customers remain wary of discretionary spending. Net earnings for the quarter were $488.8 million, or $1.48 per diluted share, versus $447.3 million, or $1.33 per...
by Mike Duff | Aug 11, 2023 | Appliances, Cookware, Featured News, Kitchen Electrics, Kitchenware, Personal Care & Wellness
Spectrum Brands managed a Wall Street beat on earnings in the third quarter, but outside influences proved a drag on the top line. Net loss from continuing operations was $172.2 million, or $4.27 per diluted share, versus net income from continuing operations of $3...
by Mike Duff | May 23, 2023 | Retail Articles
Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
by Mike Duff | May 18, 2023 | Retail Articles
Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
