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Home Depot Q1 Earnings Decline but Top Wall Street Expectations

Home Depot Q1 Earnings Decline but Top Wall Street Expectations

by Mike Duff | May 16, 2023 | Retail Articles

The first quarter brought lower sales and earnings at Home Depot as an increasingly wary consumer and poor weather put a damper on spring business, the company announced. Home Depot posted net earnings of $3.87 billion, or $3.82 per diluted share, versus $4.23...
Dillard’s Q1 Sales, Earnings Slip But Beat Wall Street Estimates

Dillard’s Q1 Sales, Earnings Slip But Beat Wall Street Estimates

by Mike Duff | May 11, 2023 | Retail Articles

Comparable store sales and earnings slipped in Dillard’s first quarter as sales trends softened through the period, but the retailer still managed to beat Wall Street estimates. In the quarter, Dillard’s reported net income of $201.5 million, or $11.85 per share,...
Qurate Points to Turnaround As Q1 Earnings Beat Analyst Expectations

Qurate Points to Turnaround As Q1 Earnings Beat Analyst Expectations

by Mike Duff | May 5, 2023 | Retail Articles

Qurate Retail reported the company turnaround plan is taking hold as its first-quarter loss was less than Wall Street expected and sales were more.  Company net income was $20 million, or 5 cents per diluted share, versus $1 million, or, in effect, zero cents per...
CVS Beats Wall Street As It Revamps Corporate Structure

CVS Beats Wall Street As It Revamps Corporate Structure

by Mike Duff | May 5, 2023 | Retail Articles

In the midst of reorganizing the company, CVS Health posted lower net income that was still good enough to beat a Wall Street estimate, and it recorded a front-end comp gain. Company net income was $2.14 billion, or $1.65 per diluted share, versus $2.35 billion, or...
Albertsons Caps Off Solid Year by Beating Wall Street

Albertsons Caps Off Solid Year by Beating Wall Street

by Mike Duff | Apr 11, 2023 | Retail Articles

As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
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