by Mike Duff | Nov 21, 2024 | Retail Articles
In the third quarter, BJ’s earnings beat a Wall Street estimate and comparable store sales advanced as the general merchandise business stabilized. The company pointed out that its membership fees would increase at the start of 2025. Net income in the quarter was...
by Mike Duff | Nov 20, 2024 | Retail Articles
Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
by Mike Duff | Oct 24, 2024 | Retail Articles
In the third quarter, Tractor Supply Co.’s net income and comparable sales declined, although total revenues pushed ahead. In announcing the financials, Tractor Supply also pointed out that it had acquired the online pet pharmacy Allivet. Net income was $241.5...
by Mike Duff | Aug 23, 2024 | Retail Articles
Despite financial pressure on a core shopper coping with the effects of inflation, Ross Stores posted higher than anticipated sales and earnings for the second quarter. Net earnings were $527.1 million, or $1.59 per diluted share, versus $446.3 million, or $1.32 per...
by Mike Duff | Aug 12, 2024 | Retail Articles
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...