by Mike Duff | Nov 15, 2023 | Retail Articles
In the third quarter, Ace Hardware Corp. reported record revenues of $2.29 billion, up 2.5% from the year-before period. The cooperative posted net income of $130 million versus $100.6 million, while net income attributable to Ace Corporation was $130.5 million versus...
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,...
