by Mike Duff | Jul 10, 2025 | Retail Articles
Costco Wholesale Corp., for the five weeks of fiscal June, reported net sales of $26.44 billion versus $24.48 billion a year earlier as comparable sales continued to rise. In the five-week June period, Costco comparable sales, excluding the effects of fuel and foreign...
by Mike Duff | May 29, 2025 | Retail Articles
Best Buy lowered company guidance for the fiscal year as it announced that in the first quarter, comparable sales decreased in stores, but earnings did better than Wall Street expected. Net earnings were $202 million, or 95 cents per diluted share, versus $246...
by Mike Duff | May 29, 2025 | Retail Articles
As its Sephora rollout nears completion, Kohl’s reaffirmed guidance for the year after posting better-than-expected first-quarter financial results. Kohl’s indicated that the priorities it has set in categories across the store, including home, are beginning to...
by Mike Duff | May 29, 2025 | Retail Articles
In the first quarter, Burlington Stores beat Wall Street on earnings but just missed on revenues, although both metrics gained year over year. CEO Michael O’Sullivan reaffirmed guidance, maintaining that the company can handle tariff pressure on margins. Net income...
by Mike Duff | May 21, 2025 | Retail Articles
Although sales and earnings slipped in the first quarter, Lowe’s Cos. topped a Wall Street estimate and reaffirmed its guidance, saying it was in a good position to deal with tariffs and associated economic challenges. The company posted net earnings of $1.64 billion,...