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,...
by Mike Duff | May 21, 2025 | Retail Articles
As it deals with tariffs and a tough consumer environment, Target said it now expects a slight sales decline in fiscal 2025 after missing Wall Street first quarter estimates but maintained that the company had initiatives in place to address the headwinds it faces....
by Mike Duff | May 15, 2025 | Retail Articles
Commenting on first-quarter results, Doug McMillon, Walmart Inc. president and CEO, said dealing with tariffs would be a challenge for the company, but Walmart would do what’s possible to keep prices low for customers. However, McMillon (pictured above) added...
by Mike Duff | Mar 5, 2025 | Retail Articles
In the fourth quarter, Target comparable store sales gained, although earnings slipped as it announced not only financial results but a new strategic plan. Target said it is revisiting the home assortment as part of the plan by adding more trend-forward newness to...
by Mike Duff | Mar 5, 2025 | Retail Articles
Best Buy delivered positive comparable sales in the fourth quarter with adjusted earnings and revenue topping Wall Street expectations. In the year-earlier quarter, net earnings were $117 million, or 54 cents per diluted share, versus $460 million, or $2.12 per...
