by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
by Mike Duff | Aug 17, 2023 | Featured News, Retail Articles
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
by Mike Duff | Aug 10, 2023 | Retail Articles
Despite posting lower sales and earnings, Dillard’s did better than Wall Street expected in the second quarter. Net income was $131.5 million, or $7.98 per diluted share, versus $163.4 million, or $9.30 per diluted share, in the year-previous quarter, the company...
by Mike Duff | Aug 3, 2023 | Retail Articles
Costco Wholesale Corp. reported net sales of $17.6 billion for fiscal July up 4.5% from the month a year earlier. Comparable sales, excluding the effects of fuel price and foreign exchange rate volatility, increased 5% in the month year over year with comps in the...
by Mike Duff | Aug 2, 2023 | Retail Articles
During the second quarter, Publix made solid sales and earnings gains year over year. Net earnings for the three months ended July 1 were $1.1 billion, or 33 cents per share, compared to $628 million, or 18 cents per share, in the year-past period, the company stated....
