by Mike Duff | Aug 31, 2023 | Retail Articles
A big shift to consumables purchasing at Dollar General led to lower-than-expected second-quarter sales and earnings. Dollar General posted a net income of $468.8 million, or $2.13 per diluted share, versus $678 million, or $2.98 per diluted share, in the 2022...
by Mike Duff | Aug 29, 2023 | Retail Articles
Big Lots did better than analysts anticipated in the second quarter although sales and comparable sales declines were significant. The company posted a net loss of $249.8 million, or $8.56 per diluted share, for the second quarter versus $84.2 million, or $2.91 per...
by Mike Duff | Aug 23, 2023 | Retail Articles
The top line of Williams-Sonoma, Inc. suffered in the second quarter when it came to comps, but earnings beat expectations as sales shifted across home categories. Net earnings were $201.5 million, or $3.12 per diluted share, versus $267.1 million, or $3.87 per...
by Mike Duff | Aug 23, 2023 | Retail Articles
Despite lower earnings and comparable sales, Kohl’s beat Wall Street estimates for the second quarter, and the company looks forward to growth with home goods as an important contributor. Net income was $58 million, or 52 cents per diluted share, versus $143 million,...
by Mike Duff | Aug 22, 2023 | Featured News, Retail Articles
Macy’s surpassed expectations in the second quarter even as sales and earnings declined and it turned its attention to holiday gift opportunities. In addition to the financial results, Macy’s has announced the locations of four new small-format locations scheduled to...
