by Mike Duff | Mar 1, 2023 | Retail Articles
Lowe’s posted mixed results in the fourth quarter, with earnings above but revenues coming in short of Wall Street expectations, and the company announced it was boosting employee compensation. Net earnings were $957 million, or $1.58 per diluted share, versus $1.21...
by Mike Duff | Feb 28, 2023 | Retail Articles
Although it produced mixed results, Target still did better in the fourth quarter than Wall Street expected. For the fourth quarter, Target recorded net earnings of $876 million, or $1.89 per diluted share, the company noted, versus $1.54 billion, or $3.21 per diluted...
by Mike Duff | Feb 21, 2023 | Retail Articles
Despite flat comparable store sales, Dillard’s drove earnings higher in Q4. Net income for the quarter was $289.2 million, or $16.89 per share, versus $321.2 million, or $16.61 per share, in the year-previous quarter, the company reported. A Yahoo-published analyst...
by Mike Duff | Feb 21, 2023 | Retail Articles
Home Depot posted net earnings in its fourth quarter that beat Wall Street estimates despite a slight year-over-year decline in comparable sales. The retailer also announced a major investment in employee development and compensation. Net earnings for the fourth...
by Mike Duff | Feb 9, 2023 | Retail Articles
CVS beat Wall Street estimates in its fourth quarter while its front-end comparable sales made a strong gain after increasing 18.9% in the period a year past. Company net income was $2.3 billion, or $1.75 per diluted share, versus $1.31 billion, or 98 cents per...