by Mike Duff | May 30, 2025 | Retail Articles
In its return to the retail scene, Big Lots is ready for a final phase of store reopenings under new ownership, with 78 locations set to resume operation on June 5. The success of the Big Lots reopening effort has spurred the retailers new owner, Variety Wholesalers,...
by Mike Duff | May 30, 2025 | Retail Articles
Tariffs have driven some retailers to cut their guidance for the current fiscal year, but Ulta Beauty has raised its guidance slightly after posting higher-than-expected comparable sales and income for the first quarter. Ulta now expects net sales in the $11.5 billion...
by Mike Duff | May 30, 2025 | Retail Articles
Costco rode strong non-foods results to healthy comparable store gains in its third quarter while reporting it got ahead of tariffs in segments such as appliances and furniture. Net income for the quarter was $1.9 billion, or $4.28 per diluted share, versus $1.68...
by Mike Duff | May 29, 2025 | Retail Articles
Best Buy lowered company guidance for the fiscal year as it announced that in the first quarter, comparable sales decreased in stores, but earnings did better than Wall Street expected. Net earnings were $202 million, or 95 cents per diluted share, versus $246...
by Mike Duff | May 29, 2025 | Retail Articles
As its Sephora rollout nears completion, Kohl’s reaffirmed guidance for the year after posting better-than-expected first-quarter financial results. Kohl’s indicated that the priorities it has set in categories across the store, including home, are beginning to...
