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...
by Mike Duff | May 29, 2025 | Retail Articles
In the first quarter, Burlington Stores beat Wall Street on earnings but just missed on revenues, although both metrics gained year over year. CEO Michael O’Sullivan reaffirmed guidance, maintaining that the company can handle tariff pressure on margins. Net income...
by Mike Duff | May 28, 2025 | Retail Articles
The Conference Board noted consumer spending shifts while reporting the Consumer Confidence Index increased by 12.3 points in May to 98, just below the 100 line between positive and negative and up from 85.7 in April. The Present Situation Index, based on consumers’...
