by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
by Mike Duff | Mar 9, 2023 | Retail Articles
The fourth quarter was a good one for BJ’s with comparable sales up solidly and earnings gaining more than enough to beat a Wall Street estimate. Net income was $129.8 million, or 95 cents per diluted share, versus $107.6 million, or 78 cents per diluted share, in the...
by Mike Duff | Mar 8, 2023 | Retail Articles
Costco beat a Wall Street earnings estimate for its second quarter, but revenues fell short as e-commerce slipped based on softness in big-ticket discretionary items even with overall comparable sales increasing. Net income for the quarter was $1.47 billion, or $3.30...
by Mike Duff | Feb 28, 2023 | Retail Articles
Although it produced mixed results, Target still did better in the fourth quarter than Wall Street expected. For the fourth quarter, Target recorded net earnings of $876 million, or $1.89 per diluted share, the company noted, versus $1.54 billion, or $3.21 per diluted...
by Mike Duff | Feb 24, 2023 | Retail Articles
In its fourth quarter, eBay recorded lower sales and gross merchandise volume, but it still did better than expected by Wall Street. Net income from continuing operations was $671 million, or $1.23 per diluted share, the company reported, versus a loss from continuing...
