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Costco Rides E-Commerce Gains to Solid July Comps

Costco Rides E-Commerce Gains to Solid July Comps

by Mike Duff | Aug 12, 2024 | Retail Articles

Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
Container Store Q1 Falls Short As Comp Sales Plummet

Container Store Q1 Falls Short As Comp Sales Plummet

by Mike Duff | Aug 7, 2024 | Retail Articles

The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
Tractor Supply Meets Earnings Expectation but Sales Fall Short

Tractor Supply Meets Earnings Expectation but Sales Fall Short

by Mike Duff | Jul 25, 2024 | Retail Articles

After experiencing some controversy because of social initiatives, Tractor Supply met a second-quarter earnings estimate, although sales fell short. Net income was $425.2 million, or $3.93 per diluted share, versus $421.2 million, or $3.83 per diluted share, in the...
Dollar Tree Forges Ahead Through Q1, Reconsiders Family Dollar Options

Dollar Tree Forges Ahead Through Q1, Reconsiders Family Dollar Options

by Mike Duff | Jun 5, 2024 | Retail Articles

Dollar Tree nearly matched a first analyst consensus estimate in the first quarter, with earnings slightly above. While announcing its financial results, the company stated it was conducting a strategic review of its Family Dollar operation. Net income was $300.1...
Nordstrom Q1 Loss Bigger Then Expected Even As Comps Gained

Nordstrom Q1 Loss Bigger Then Expected Even As Comps Gained

by Mike Duff | Jun 3, 2024 | Retail Articles

As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
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