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Walmart CEO McMillon Says Price Increases Coming After Solid Q1

Walmart CEO McMillon Says Price Increases Coming After Solid Q1

by Mike Duff | May 15, 2025 | Retail Articles

Commenting on first-quarter results, Doug McMillon, Walmart Inc. president and CEO, said dealing with tariffs would be a challenge for the company, but Walmart would do what’s possible to keep prices low for customers. However, McMillon (pictured above) added...
Target Talks New Strategy Amid Better Than Anticipated Q4 Sales

Target Talks New Strategy Amid Better Than Anticipated Q4 Sales

by Mike Duff | Mar 5, 2025 | Retail Articles

In the fourth quarter, Target comparable store sales gained, although earnings slipped as it announced not only financial results but a new strategic plan. Target said it is revisiting the home assortment as part of the plan by adding more trend-forward newness to...
Best Buy Q4 Beats Wall Street Expectations As Comps Rise but Earnings Decline

Best Buy Q4 Beats Wall Street Expectations As Comps Rise but Earnings Decline

by Mike Duff | Mar 5, 2025 | Retail Articles

Best Buy delivered positive comparable sales in the fourth quarter with adjusted earnings and revenue topping Wall Street expectations. In the year-earlier quarter, net earnings were $117 million, or 54 cents per diluted share, versus $460 million, or $2.12 per...
TJX Beats Street in Q4 with Lift from Comp Sales Gain

TJX Beats Street in Q4 with Lift from Comp Sales Gain

by Mike Duff | Feb 26, 2025 | Retail Articles

TJX Cos posted a strong finish to its fiscal year with comparable sales and earnings gaining during the fourth quarter to top Wall Street expectations. Net income was $1.4 billion, or $1.23 per diluted share, versus $1.4 billion, or $1.22 per diluted share, in the...
Kirkland’s Charts Path to Profitability with Beyond Deal, Strategic Overhaul

Kirkland’s Charts Path to Profitability with Beyond Deal, Strategic Overhaul

by Mike Duff | Feb 18, 2025 | Retail Articles

With the recently concluded Beyond deal confirmed by shareholders, Kirkland’s is updating its strategic initiatives and detailed plans to advance on the path to profitability. Kirkland’s also provided preliminary financial results for the fiscal 2024 fourth...
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