by Mike Duff | Jan 11, 2023 | Retail Articles
In the 2022 holiday season, which includes the first two months of the company’s fiscal fourth quarter, Kirkland’s comparable sales fell 5.5% versus the same period a year earlier, the company announced. Comps were flat in November 2022 but slipped 11% in...
by Mike Duff | Jan 6, 2023 | Retail Articles
For the month of December, Costco reported net sales of $23.8 billion for the retail month of December, the five weeks ended January 1, up 7% year over year. Comparable sales, excluding the effects of fuel price and foreign exchange volatility, were up 6.4% in the...
by Mike Duff | Dec 21, 2022 | Retail Articles
The third quarter spelled losses for Rite Aid Corp. but the company did beat Wall Street estimates as front-end comparable sales advanced. Third quarter net loss was $67.1 million, or $1.23 per share, compared to a net loss of $36.1 million, or 67 cents per share, in...
by Mike Duff | Dec 9, 2022 | Retail Articles
Costco made solid gains in the first quarter of its fiscal year with comparable store sales and profits both up but fell short of Wall Street revenue and earnings estimates. Net income for the quarter was $1.36 billion, or $3.07 per diluted share, versus $1.32...
by Mike Duff | Dec 5, 2022 | Retail Articles
Ulta Beauty had an attractive third quarter, beating Wall Street estimates on sales and earnings as consumers kept spending to look their best. Net income was $274.6 million, or $5.34 per diluted share, versus $215.3 million, or $3.94 per diluted share, in the...
