by Mike Duff | Jun 15, 2023 | Retail Articles
As it continues working toward a merger with Albertsons Cos., the Kroger Co. posted earnings that beat a Wall Street estimate even as revenues came up a bit short. Company net earnings were $962 million, or $1.32 per diluted share, compared to $664 million, or 90...
by Mike Duff | May 30, 2023 | Featured News, Retail Articles
Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
by Mike Duff | May 18, 2023 | Retail Articles
The Container Store came up short of a Wall Street earnings estimate as comparable store sales in its fiscal fourth quarter fell. Net loss in the quarter was $189.3 million, or $3.85 per diluted share, versus net income of $23.2 million, or 46 cents per diluted share,...
by Mike Duff | Feb 21, 2023 | Retail Articles
Home Depot posted net earnings in its fourth quarter that beat Wall Street estimates despite a slight year-over-year decline in comparable sales. The retailer also announced a major investment in employee development and compensation. Net earnings for the fourth...
by Mike Duff | Feb 8, 2023 | Organization & Cleaning, Retail Articles
As it moves forward with its small-store initiative, the Container Store expressed satisfaction with the third quarter despite lower sales and earnings. Consolidated net income was $4.2 million, or eight cents per diluted share, versus $13.7 million, or 27 cents per...
