by Mike Duff | Jun 9, 2023 | Retail Articles
In the first quarter, Ollie’s beat Wall Street sales and earnings estimates, posted solid comp gains and kept adding stores. Net income was $31 million, or 50 cents per diluted share, versus $12.5 million, or 20 cents per diluted share, in the prior-year quarter....
by Mike Duff | Jun 8, 2023 | Retail Articles
Although it came out ahead of a Wall Street estimate on sales, Kirkland’s net loss grew as comparable sales declined in the first quarter when the company realigned outreach to emphasize its value offering. Net loss in the quarter was $12.1 million, or 95 cents per...
by Mike Duff | Jun 1, 2023 | Retail Articles
The first quarter was a challenging one for Dollar General as consumers turned their spending to consumables and cut back on other product categories. Net income in the quarter was $514.4 million, or $2.34 per diluted share, the company reported, versus $552.7...
by Mike Duff | May 30, 2023 | Retail Articles
In the first fiscal quarter, Ulta Beauty recorded a strong comparable sales gain based on increased traffic as it beat Wall Street sales and earnings estimates. Ulta posted net sales of $347.1 million, or $6.88 per diluted share, versus $331.4 million, or $6.30 per...
by Mike Duff | May 26, 2023 | Retail Articles
Big Lots reported lower sales and extended losses on a year-over-year basis in its first quarter. Net loss was $206.1 million, or $7.10 per diluted share, versus a net loss of $11.1 million, or 39 cents per diluted share, in the year-previous quarter, the company...
